Establishing an LLP (Limited Liability Partnership) in the Republic of Kazakhstan
Registration of a Limited Liability Partnership (LLP) is the most popular way to organize a business in Kazakhstan. This legal form is convenient to manage, flexible, and suitable for various types of activities.
1. Preparatory Stage
- Choosing an LLP name - The name must be unique. Verification is carried out through government services (e.g., eGov.kz).
- Legal address - A legal address is required for registration. We can provide a legal address through our trusted partner.
- Obtaining IIN / BIN and EDS (Electronic Digital Signature)
- For non-resident individuals: IIN and EDS
- For non-resident legal entities: BIN and EDS, as well as an IIN for the director
- For the LLP director (if a non-resident): IIN and EDS
The IIN can only be obtained in person in Kazakhstan.
An original passport or a notarized copy is required.
If the passport does not include the full name in Cyrillic or Latin script, a notarized translation is required.
2. Obtaining a Business Immigration Visa or Temporary Residence Permit (TRP)
- If the founder is a non-resident individual from a non-EAEU country, a C5 visa (business immigrant visa) is required.
- If the founder is a citizen of an EAEU country (Belarus, Armenia, Kyrgyzstan, Russia), a temporary residence permit (TRP) is required.
- If the LLP founder is a non-resident legal entity, no visa or TRP is required.
3. LLP Registration
After preparing all corporate documents (resolution/minutes, charter, and appointment order), the LLP is registered:
- Document preparation time: 2–3 working days
- Registration time: 3–4 working days
- Result: certificate of state registration of the LLP
Documents from a non-resident individual founder:
- Passport with notarized translation (into Kazakh and Russian)
- Power of attorney for our representative
- C5 visa or TRP (if required)
Documents from a non-resident legal entity founder:
- Extract from the commercial register (with translation)
- Tax registration document (with translation)
- Incorporation documents (with translation)
- Resolution on LLP registration and appointment of director (with translation)
- Passports of founders and director (with translation)
All documents must be legalized or apostilled. Translation must be carried out in Kazakhstan in accordance with legislation.
4. Post-Registration Actions
- Company seal creation
- Basis: registration certificate + director appointment order
- Timeframe: 1–2 working days
- Opening a bank account
- Registration with tax authorities (if VAT registration is required)
FAQ
1) Is it possible to open a transit account in Kazakhstan for a non-resident legal entity?
Opening a transit account is possible under the following conditions:
- No connection to sanctioned individuals
- Availability of justification for payments
- Existence of an economic connection with Kazakhstan
For example, having contracts with local companies (supply agreements, service agreements, etc.).
The average account opening period ranges from 2 weeks to 1 month.
2) What is the average office rent in Almaty and Astana?
Office rental prices start from approximately 8 USD per sq. meter, depending on the location within the city.
3) Can a foreign citizen be a director of a Kazakh company?
Yes, they can. There are no restrictions based on the director’s citizenship.
However, for other foreign employees, depending on their citizenship, a work permit for attracting foreign labor may be required. Such a permit is not required for citizens of EAEU member states.
It is also not required for chief executives (first heads) if the founder is a non-resident. In this case, it is sufficient to obtain a multiple-entry work visa of category C3.
For EAEU citizens, a temporary residence permit (TRP) is required to carry out employment activities.
4) Is remote work allowed in Kazakhstan?
Yes, remote work is permitted under Kazakhstan law.
A foreign employee may work for a company without being physically present in Kazakhstan. However, salaries must be paid only in tenge (KZT).
Accordingly, the employee will need to open a bank account in Kazakhstan and obtain an IIN.
5) Can a director manage a company remotely?
Yes, but for certain procedures, personal presence or a notarized power of attorney may be required.
6) Is it mandatory to have an in-house accountant?
No, it is not mandatory. In Kazakhstan, it is allowed to hire an outsourced accountant.
7) Is there a corporate governance system where a company director can be another company?
No. In Kazakhstan, a director can only be a natural person or a collegial executive body composed of natural persons.
8) Can a bank account for a newly established company be opened remotely?
In practice, opening a bank account and completing the bank’s KYC procedure may require the personal presence of the company’s director. Requirements depend on the specific bank.
If you are planning to start a business in Kazakhstan, the lawyers at Revera Kazakhstan can support you at every stage - from obtaining an IIN and registering an LLP to opening a bank account and handling immigration matters.
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