Company Incorporation in Kazakhstan
For investors and business owners exploring Central Asia, company incorporation in Kazakhstan offers a strategic gateway to fast-growing regional markets. The country’s favorable tax regime, streamlined procedures, and legal transparency make it an increasingly attractive destination for international ventures. Backed by modern infrastructure and government support, Kazakhstan provides a stable foundation for both startups and established firms looking to expand.
From tech to logistics, opportunities span a wide range of industries. In this guide, we’ll walk you through the key steps, requirements, and costs involved in setting up your business, helping you understand exactly how to move forward with clarity and confidence.
Fast facts about doing business in Kazakhstan
Kazakhstan is one of the most promising business destinations in Central Asia, offering a unique blend of economic stability, strategic location, and a legal framework that encourages growth.
The country continues to attract entrepreneurs and international investors looking for efficient market entry, simplified registration procedures, and a strong network of trade partnerships.
Below, we break down the essentials of doing business in Kazakhstan, from key economic data to its position as a regional powerhouse.
Key economic indicators
Kazakhstan boasts a Gross Domestic Product (GDP) exceeding $230 billion, making it the largest economy in Central Asia. Its economy is driven by oil, gas, mining, and agriculture, with growing sectors like IT, logistics, and manufacturing. With an annual growth rate averaging 3.5%, the country has shown resilience and adaptability, supported by macroeconomic reforms and investment in infrastructure. The local currency, the Kazakhstani Tenge (KZT), remains stable, and inflation is actively managed by the National Bank, ensuring a predictable environment for financial planning.
Kazakhstan boasts a Gross Domestic Product (GDP) exceeding $230 billion, making it the largest economy in Central Asia. Its economy is driven by oil, gas, mining, and agriculture, with growing sectors like IT, logistics, and manufacturing. With an annual growth rate averaging 3.5%, the country has shown resilience and adaptability, supported by macroeconomic reforms and investment in infrastructure. The local currency, the Kazakhstani Tenge (KZT), remains stable, and inflation is actively managed by the National Bank, ensuring a predictable environment for financial planning.
Tax and legal environment
Kazakhstan offers a competitive corporate tax rate of 20%, with additional incentives for companies operating in priority sectors or within special economic zones. There is a simplified VAT system (12%), and double taxation treaties are in place with over 50 countries, reducing fiscal friction for cross-border operations. Its legal framework aligns with international standards, and company law is well-developed, allowing foreign investors to fully own a local entity such as a private limited company.
Kazakhstan offers a competitive corporate tax rate of 20%, with additional incentives for companies operating in priority sectors or within special economic zones. There is a simplified VAT system (12%), and double taxation treaties are in place with over 50 countries, reducing fiscal friction for cross-border operations. Its legal framework aligns with international standards, and company law is well-developed, allowing foreign investors to fully own a local entity such as a private limited company.
Why Kazakhstan is a top destination for incorporation
Businesses benefit from a streamlined company registration process, which can be completed in as little as five working days with proper documentation.
The country ranks highly in ease of starting a business within the region, due to digital services, online registration options, and a strong focus on transparency.
For international entrepreneurs, Kazakhstan combines low operating costs, access to skilled labor, and a location that opens doors to both East and West.
Largest economy in Central Asia and key Belt & Road hub
Kazakhstan plays a central role in China’s Belt and Road Initiative (BRI), serving as a key transit point for trade routes connecting Europe and Asia.
Its logistics infrastructure includes modern railways, road networks, and dry ports like Khorgos, making it an ideal base for companies in supply chain, warehousing, or distribution.
By incorporating in Kazakhstan, companies gain privileged access to regional markets such as Russia, China, and other Eurasian Economic Union (EAEU) members.
Government support for foreign investment and tech startups
The Kazakh government actively promotes foreign direct investment, offering tax holidays, grants, and simplified visa procedures for qualified investors.
Tech entrepreneurs are welcomed through initiatives like Astana Hub, a state-backed innovation platform offering zero taxes for tech startups and support for international founders.
Public-private partnerships, startup accelerators, and legal protections for investors are part of Kazakhstan’s long-term strategy to become a global business hub.
Kazakhstan isn’t just open for business, it’s engineered for growth.
6 key advantages of incorporating in Kazakhstan
Kazakhstan offers a compelling mix of strategic, legal, and economic benefits that make it a standout choice for international business incorporation.
Below are six key advantages that position the country as a competitive base for regional and global operations.
Kazakhstan sits at the crossroads of Europe and Asia, providing direct access to key markets such as China, Russia, and the European Union.
This geographic advantage is amplified by its integration into global logistics networks and the Belt and Road Initiative.
The country’s legislation is designed to support private enterprise and protect foreign investment.
Investors can fully own a Private limited company in Kazakhstan, and the legal environment aligns with international norms, offering predictability and legal security.
Entrepreneurs benefit from a streamlined company registration process, with online platforms and minimal bureaucracy. For most business types, the entire incorporation can be completed within five to ten business days with the correct documentation.
Kazakhstan offers a flat corporate tax rate of 20%, alongside multiple exemptions and incentives in special economic zones.
It has signed over 50 double taxation treaties, helping businesses reduce their global tax exposure and avoid duplication.
Labor, utilities, and office space remain cost-effective compared to Western markets, yet the talent pool is well-educated, multilingual, and increasingly tech-savvy. This makes it ideal for companies seeking high performance at a lower cost base.
The government actively encourages foreign direct investment with grants, tax holidays, and visa support.
Sectors like IT, logistics, energy, and manufacturing enjoy targeted incentives, while platforms like Astana Hub foster a pro-startup ecosystem.
Incorporating in Kazakhstan means more than just setting up a company. It’s a strategic move toward accessing growth, efficiency, and regional influence in one of the most dynamic markets in Eurasia.
6 common challenges for foreign founders
While Kazakhstan offers significant advantages, foreign entrepreneurs may encounter operational and regulatory challenges when entering the market.
Being aware of these hurdles can help you prepare effectively and avoid unnecessary setbacks.
Most official procedures and documents are conducted in Kazakh and Russian, which may complicate communication and compliance.
Certified translations and bilingual legal support are often required to ensure full understanding and accuracy.
Despite efforts to simplify the process, public administration can still be complex for foreign founders unfamiliar with local protocols. In-person procedures and evolving regulations may cause delays without local guidance or support.
Banks in Kazakhstan have strict compliance procedures, particularly for non-residents. Requirements vary by institution and may include in-person verification, business plans, and a detailed description of the company’s operations.
Foreign founders often struggle with Kazakhstan’s accounting standards and tax reporting, which differ from those used in many Western countries. Hiring local accountants with international experience is highly recommended to avoid penalties.
Whether for legal, accounting, or operational support, choosing trusted local advisors is essential.
Lack of transparency or mismatched expectations with partners can lead to operational risks or missed opportunities.
Kazakhstan is undergoing continuous legal and economic reforms. Foreign business owners must stay informed about policy updates, new reporting obligations, and sector-specific rules that may impact their operations or compliance status.
By anticipating these challenges, founders can take proactive steps to mitigate risks and build a smoother path to long-term success in the Kazakh market.
Banking in Kazakhstan: what to expect
Kazakhstan’s banking system is well-developed and closely regulated.
Foreign entrepreneurs can access a full range of corporate banking services, but should be prepared for strict compliance procedures and document verification.
Opening and operating a business account requires close attention to regulatory, tax, and residency-related requirements. The process is manageable with the right local support and preparation.
Opening a corporate bank account
To open a corporate account, businesses must present registration documents, shareholder details, and a description of their planned activities. Some banks also request proof of local presence or contracts with Kazakh partners.
In-person visits may be necessary, especially for non-residents. The bank will also evaluate the company’s risk profile based on source of funds, industry, and ownership structure.
Having a local consultant or legal advisor familiar with the process significantly speeds up account approval and ongoing compliance.
KYC, company registration, and currency control requirements
Kazakhstan enforces Know Your Customer (KYC) and Anti-Money Laundering (AML) standards aligned with international norms.
Foreign owners must submit identification documents, proof of address, and ownership structure details.
In addition, currency control regulations apply to cross-border transactions. These may include registration of certain contracts and mandatory reporting for large payments or transfers.
Properly registering your company and maintaining up-to-date records is critical to avoid issues with your bank or tax authorities.
Taxation and compliance requirements
Kazakhstan has a moderate and transparent tax system, but staying compliant requires regular filings and up-to-date knowledge of reporting standards.
Companies must handle monthly and annual tax reports, financial statements, and employee contributions. Local tax authorities monitor compliance closely, especially for foreign-owned entities.
Reliable local accounting support ensures accurate filings and timely submission, reducing exposure to penalties and audits.
Corporate income tax (20%), VAT (12%), and social contributions)
The corporate income tax rate is 20%, applied to taxable profits. Most businesses are also subject to Value Added Tax (VAT) at 12%, unless they qualify for exemptions or simplified regimes.
Employers are responsible for social contributions covering pension, healthcare, and insurance funds. These are calculated as a percentage of employee salaries and must be paid monthly.
Understanding your total tax burden helps plan for accurate budgeting and sustainable operations.
Mandatory tax registration, monthly/annual filings, and reporting
All newly registered businesses must complete mandatory tax registration with local authorities. This includes selecting a tax regime, registering for VAT (if applicable), and assigning a chief accountant.
Monthly filings typically cover VAT, income tax prepayments, and social contributions, while annual reports include financial statements and final income declarations.
Failure to meet these obligations can result in fines or operational blocks, so staying organized and supported is essential.
Residency, visas, and foreign ownership
Kazakhstan allows 100% foreign ownership of private companies, with no requirement for a local shareholder or director in most cases. This makes the market accessible to global entrepreneurs.
To operate legally, foreign nationals may need a business visa, work permit, or investment residency depending on their role in the company and time spent in the country.
Kazakhstan offers clear visa pathways for investors, making it easier to manage operations locally and travel freely for business activities.
Company registration timeline
Setting up a company in Kazakhstan is a relatively fast process, supported by digital infrastructure and a centralized government portal. Most registrations are completed within 1 to 5 business days, assuming all documentation is in order.
Both residents and non-residents can register through the Ministry of Justice or the official eGov.kz portal, which streamlines many of the administrative steps.
Understanding the full registration timeline helps founders prepare ahead, avoid delays, and allocate resources efficiently from day one.
Ministry of Justice and eGov Kazakhstan portal
Kazakhstan's eGov.kz platform allows entrepreneurs to complete company registration fully online, reducing the need for in-person visits.
Alternatively, companies may register through Public Service Centers across the country.
The system is integrated with tax, statistics, and banking authorities, ensuring that your business data is synchronized across government databases.
Foreign founders are advised to work with a local representative to ensure documents meet formatting and language requirements.
Typical timeline: 1–5 business days
If all documents are correctly prepared, the registration process takes between 1 to 5 working days. Additional time may be needed for bank account setup, licensing, or visa processing.
Pre-submission planning and professional assistance can reduce turnaround times and ensure smooth approvals.
Below is a clear breakdown of each step in the registration process.
Step-by-step: how to incorporate a company in Kazakhstan
Below is a clear, structured breakdown of the incorporation process. Each step is essential to ensure full legal compliance and a smooth start to your operations.
Most foreign founders opt for a Limited Liability Partnership (LLP) due to its simplicity, flexibility, and limited liability structure. It allows for 100% foreign ownership with minimal capital requirements.
Select a unique business name, which must not resemble existing registered entities. Prepare the charter (articles of association) and a resolution appointing the director or founder.
Submit your registration through the official government portal (eGov.kz) or in person at a Public Service Center. This includes uploading your founding documents and paying any applicable fees.
Once registered, your company will receive a BIN, used for all official transactions. Your business is automatically entered into the tax database during this step.
Choose a local bank and submit the required documents to open your corporate account. While the minimum capital is 100 KZT, some banks may ask for a higher deposit depending on your activity.
Your company must register with the Social Insurance Fund to comply with employee-related obligations, and notify the Statistics Committee for reporting and monitoring purposes.
If your business operates in a regulated industry such as finance, construction, or telecom, you will need to apply for the appropriate sector-specific licenses or permits before starting operations.
With the right preparation and guidance, the company formation process in Kazakhstan is fast, secure, and aligned with international standards.
Kazakh business culture & practices
Doing business in Kazakhstan requires more than just registration. Success in this market depends on understanding the country’s business etiquette, legal expectations, and how trust is built over time.
Foreign entrepreneurs who take the time to learn these nuances gain a clear advantage, earning respect and smoother cooperation from local partners and authorities.
Formal, trust-based, and relationship-driven
Kazakh business culture is formal and hierarchical, especially in early interactions. Titles, roles, and professional presentation are taken seriously, particularly in government-related or high-level negotiations.
Trust and personal relationships play a central role in decision-making. Long-term partnerships often grow from repeated interactions, transparency, and demonstrated reliability.
Business meetings are structured, but small talk and hospitality are also important. Patience and persistence are seen as signs of commitment.
Importance of legal accuracy, compliance, and local expertise
Kazakhstan places high value on legal precision and full compliance. Contracts, registrations, and tax filings must be accurate, timely, and aligned with local laws to avoid regulatory issues.
Foreign companies are expected to adhere strictly to labor, tax, and licensing rules. Mistakes due to unfamiliarity are not always excused and can delay operations.
Working with trusted local professionals ensures your business remains compliant and avoids costly missteps during setup and beyond.
How C2Z Advisory can help you succeed in Kazakhstan
Our team offers full-spectrum support, combining local knowledge with international standards. We help foreign founders overcome regulatory complexity and cultural barriers.
From choosing the right structure to managing post-incorporation obligations, we provide clarity at every stage of the process, tailored to your business goals.
Company registration, tax and legal advisory
We guide you through entity formation, name reservation, document preparation, and submission. Our legal advisors ensure compliance with Kazakh civil, tax, and commercial law.
Once your company is registered, we continue to support you with tax strategy, accounting, and contract drafting, helping you stay fully compliant as your business grows.
Banking, residency, and sector-specific licensing support
Our specialists assist with corporate bank account setup, navigating KYC requirements, and managing ongoing financial compliance.
We also handle visa and residency options for founders and directors, as well as licensing for regulated industries such as finance, construction, and energy.
With C2Z Advisory, you gain a reliable partner with the global reach and local expertise to thrive in Kazakhstan’s evolving business landscape.
Frequently asked questions
Below are answers to the most common questions entrepreneurs have when considering company registration in Kazakhstan.
Each response is designed to help you make informed, confident decisions as you expand into this dynamic market.
Yes. Kazakhstan allows 100% foreign ownership of private companies, including Limited Liability Partnerships (LLPs). There is no legal requirement to include a local shareholder or director in most industries.
Foreigners can also serve as company directors and signatories, although certain regulated sectors may have additional criteria or licensing needs.
Special Economic Zones (SEZs) offer significant tax incentives, including exemptions from corporate income tax, VAT, land tax, and property tax for qualified businesses.
In addition, SEZ residents often receive customs duty exemptions, simplified procedures, and access to well-developed infrastructure that reduces setup and operational costs.
The standard company registration process typically takes 1 to 5 business days, provided all documents are in order and submitted correctly.
Additional time may be needed for bank account opening, licensing, or obtaining work permits, depending on the nature of your business and your residency status.
Businesses in Kazakhstan are subject to a 20% corporate income tax and a 12% VAT. Employers must also contribute to social security, health insurance, and pension funds on behalf of employees.
Compliance includes monthly tax filings, annual financial reports, and maintaining accurate accounting records in line with local standards. Non-compliance can result in fines or audits.
In most cases, no local partner is required to incorporate a company. Foreign individuals or legal entities can register and fully own a business without restrictions.
However, it is highly recommended to work with a local advisor or representative to navigate administrative procedures, ensure compliance, and handle language or regulatory challenges efficiently.