Doing business in Kazakhstan. Entering the Kazakhstan Market
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Save your business tens of thousands of dollars
when entering Kazakhstan
Save your business tens of thousands of dollars
when entering Kazakhstan
General information
Population
19 000 000 people Official language
Kazakh and Russian Основная религия
Islam Currency
Kazakhstani Tenge (KZT) Time zone
UTC+5 Economy of Kazakhstan
GDP per capita
10 373 USD Economic growth
4,3% Unemployment
4,9% Inflation
20,3% Investment inflow
166,4 billion USD Business in Kazakhstan
Popular type of legal entity
Limited liability company (LLC) Minimum number of shareholders
1 Company registration period
2 weeks Minimum share capital
Depending on the size of the business Restrictions for foreigners on starting a business
No A local director is required?
Yes Corporate tax
20% Advantages and disadvantages
Advantages
significant agricultural potential; consistently high growth rates; low cost of living and doing business; strategic geographic location Disadvantages
corruption, difficulties with legal protection, political and economic instability, underdeveloped judicial system, limited access to financing