Opening of representative offices and branches in Kazakhstan
Registration of foreign companies in Kazakhstan is a mandatory procedure for non-resident legal entities wishing to do their business activities on the territory of the Republic of Kazakhstan. In the conditions of constant development, foreign companies expand their horizons and also bring their products or services to the Kazakhstani market.
A foreign company could be established in Kazakhstan through:
- Registration of a new partnership / limited liability company.
Регистрация нового товарищества/общества с ограниченной ответственностью является полноценным предприятием, учредителем которого является юридическое или физическое иностранное лицо.
- Registration of a new partnership / limited liability company is a full-fledged enterprise, the founder of which is a legal or physical foreign person.
Registration of a branch of a foreign company is a separate subdivision of a legal entity located outside its location and performing all or part of its functions, including the functions of a representative office. A branch, in addition to representative functions, may carry out part or all of the activities carried out by the parent company, including licensed detail, and carry out activities aimed at making a profit.
Registration of a representative office of a foreign company is a separate subdivision of a legal entity located outside its location and protecting and representing the interests of a legal entity, making transactions and other legal actions on its behalf, except for cases provided for by the legislative acts of the Republic of Kazakhstan. The representative office performs only representative functions and protects the interests of the parent company and cannot engage in activities aimed at making a profit.
Branches and representative offices are not legal entities. They are endowed with property by the legal entity that created them and act on the basis of the provisions approved by it. Heads of branches and representative offices of other forms of legal entities are appointed by the authorized body of the legal entity and act on the basis of its power of attorney.
State registration is a way of giving subjects the status of a legal entity.
Informational registration is a way to give subjects the status of a branch and representative office of a legal entity. Official confirmation of the subject’s possession of the rights of a branch and representative office of a legal entity is the entry of information about the branch (representative office) in the state register of branches and representative offices and a certificate of registration with the assignment of a business identification number.
- Purchasing of a ready-made partnership / company with the necessary license and VAT.
The purchase of a ready-made partnership/company with the necessary construction and installation license and VAT consists in a sale and purchase transaction of a partnership with a valid construction and installation license and with an existing value added tax.
Procedure for opening a branch in Kazakhstan
Depending on the way you choose to start a business in Kazakhstan, BS MANAGEMENT Company will assist to complete the registration of a branch / representative office of a foreign company in Kazakhstan, register a new partnership or purchase an existing partnership without a personal presence. We will prepare a full package of documents in accordance with the current legislation, we will perform linguistic translations of constituent documents, we will certify the authenticity of the translation and copies of documents belonging to you.
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