Kazakhstan to simplify companies’ registration and liquidation

The law is expected to be adopted shortly

A draft law presented to the lower chamber of parliament would simplify the registration and liquidation procedures for legal entities and the registration of branches and representative offices in Kazakhstan.

Online registration procedures would be introduced, paper registration certificates would be replaced by electronic certificates and the country would move from a permission-based registration system to a notification system.

The requirement that a certificate be obtained from the tax authorities when a company is established by another legal entity would be abolished and the number of documents required for company liquidation would be reduced.