Starting a Business in


Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Kazakhstan. It examines the procedures, time and cost involved in launching a commercial or industrial firm with between 10 and 50 employees and start-up capital of 10 times the economy's per-capita gross national income.

This information was collected as part of the Doing Business project, which measures and compares regulations relevant to the life cycle of a small- to medium-sized domestic business in 189 economies. The most recent round of data collection was completed in June 2015.

Compare Kazakhstan to 188 other economies.

  • Standardized Company

  • Legal form: Private Limited Liability Company
  • Paid-in minimum capital requirement: KZT 0
  • City: Almaty
No. Procedure Time to Complete Associated Costs
1 State registration of legal entity (online or in person), obtaining of a digital signature and tax registration at the Public Registration Center
Agency: Public Registration Center or e-government website

Registration of medium-sized and large-sized business entities is performed based on a “one-stop-shop” principle: all the registration documents should be submitted to one state authority, the Public/Population Service Centers:

The relevant justice authority shall issue a certificate of state registration of a company not later than 1 day following the day of submission. If documents are filed online via electronic government portal the state registration shall be performed within 1 hour from the moment of documents submission. SMEs are exempted from payment of a registration fee as of January 1, 2015.

The list of the required documents includes the following:
1) a notification on commencement of entrepreneurial activity;
2) copies of IDs; and
3) power of attorney (if applicable).

At the same time entrepreneurs need to obtain an electronic signature. An electronic signature can be obtained at public registration centers in 2 days’ time. On the second day following the application for an e-signature entrepreneurs need to present themselves at the registration center for the identity check.

2 days no charge
2 Notarize certificate of state registration and other post-registration documents
Agency: Notary

Under the Tax Code of January 1, 2009 Article 536(15), the notary fee for certifying copies of the state registration and other post registration documents shall be 10% of the MCI per page. Each registration document is a two-page document, and the total for one set of certified copies (if the charter had 10 pages) would be 10% of MCI x 16 pages. One set of notarized copies of the registration documents and the charter is usually required to open a bank account. Additional copies would be needed if the company were to apply for work permits to employ expatriates, obtain licenses and other operational permits, or set up subsidiaries or acquire shares or ownership interests in other legal entities.
1 day 10% MCI per page
3 Open the current account in the bank
Agency: Commercial Bank

To open a current account, the founder must provide the bank with the following documents:
• Cards with sample signatures and an imprint of the company seal.
• Copy of the state registration certificate of legal entity from the registration body of the Ministry of Justice of the Republic of Kazakhstan.
• Copies of identity documents for person(s) listed on the signature card(s) and company founders.
• Application for bank account setup (bank-provided form).
1 day no charge
4 Register for the obligatory insurance of life and health for employees
Agency: Insurance Company

Each employee should have employer-paid insurance according to the Law On Obligatory Insurance of The Liability of the Employer for Life and Health Tort to The Employee in Discharge of Labor and (Official) Duties (February 7, 2005) that became effective on July 1, 2005.The amount of insurance premium payable by an employer depends on insurance risks and wages. To assess risks, the insurance companies place all insurable personnel into three categories: administrative, operational, and support. Amounts of the insurance premium vary from 0.04% to 9.99%. According to 7 May 2007 amendments to the law on obligatory insurance, an employer is required to get an insurance policy within 10 business days from the date of state registration indicated in the company's Certificate of State Registration

Payment of insurance premium (set out in an insurance agreement) is required.
1. The amount of the insurance premium depends on insurance risks and the amount of annual payroll fund and is calculated as the amount of insurance coverage multiplied by an insurance tariff which as set out by the law in the range of 0.12% to 2.96%.
2. Insurable personnel is not divided into three categories (administrative, operational and support) as previously for the purposes of risk assessment.
3. An employer is required to get an insurance policy within the first decade of the month in which the company began operating.
1 day no charge

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