Kazakhstan

Ease of Doing Business in

Kazakhstan

This page shows summary Doing Business 2012 data for Kazakhstan. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Eastern Europe & Central Asia
Income Category Upper middle income
Population 16,316,050
GNI Per Capita (US$) 7,440.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
47 58 down 11
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 57 49 up -8
Dealing with Construction Permits 147 148 up 1
Getting Electricity 86 87 up 1
Registering Property 29 27 up -2
Getting Credit 78 75 up -3
Protecting Investors 10 44 up 34
Paying Taxes 13 26 up 13
Trading Across Borders 176 176 No change
Enforcing Contracts 27 26 up -1
Resolving Insolvency 54 49 up -5

Economy Profile

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Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2012 Rank 57 DB 2011 Rank 49 Change in Rank down-8
Indicator Kazakhstan Eastern Europe & Central Asia OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
6 6 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
19 16 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
0.8 8.3 4.7

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
0.0 10.0 14.1
No. Procedure Time to Complete Associated Costs
1 Open bank account and deposit initial capital; pay registration fee into the account of the Ministry of Justice 1 day no charge or bank fee; KZT 5 for a receipt or 1% of fee payment for service of a bank
2 State registration of legal entity and tax registration at the Public Registration Center 14 days KZT 3024
3 Make a company seal 1 day KZT 2,000 - KZT 4,500
4 Notarize certificate of state registration and other post-registration documents 1 day 10% MCI per page
5 Open the current account in the bank 1 day KTZ 0 up to roughly KZT 10,000
6 Register for the obligatory insurance of life and health for employees 1 day no charge

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