GILS Corporate law: Kazakhstan

KAZAKHSTAN

(1) Forms of doing business and Establishment

1.1 What are the options for establishing a company's presence in a country (branch, representative office, subsidiary, etc.), and what are their key advantages and limitations?

The most popular forms of presence in the common jurisdiction of the Republic of Kazakhstan (the “RoK”) are the establishment of a branch or the establishment of a subsidiary in the form of LLP (Limited Liability Partnership) and JSC (Joint Stock Company). 

In the jurisdiction of the Astana International Financial Centre ("AIFC"), a branch (so-called "recognised company") may be registered or a subsidiary company (usually in the form of a Private company) (the “PC” or the “Company”) may be established. 

The main advantages and limitations of these forms:

1.2 What is the process for creating a legal entity or another form of presence in the country, including the laws to follow, legal entities to be considered, documents required, stages and terms for registration? 

The table below summarises the required documents, steps and timelines for the process of establishing the forms of legal entities, branches and representative offices set out in paragraph 1.1 of this Brochure.