Our Work Process
Initial
Consultation
The process starts with a client reaching out. Adlex Global conducts an initial consultation to understand needs, assess legal issues, and determine service feasibility.
Standard
Engagement Agreement
We offer a comprehensive standard engagement agreement delineating the scope of services, fee structure, and additional terms and conditions, ensuring clarity and transparency for our clients throughout the engagement process.
Collecting
All Data
Our services encompass obtaining incorporation and registration documents, accessing relevant databases, and conducting thorough analyses of various corporate documents, ensuring a seamless and legally compliant process for our clients.
Document
Drafting and Review
Adlex Global adeptly crafts a wide array of documents, including contracts, agreements, pleadings, and letters, meticulously tailored to suit each client's unique needs and objectives.
Client
Communication & Counseling
Throughout the process, we maintain regular communication with our clients, providing updates on the progress of the case, explaining concepts, and advising on potential courses of action.
Expected
All Results
While we cannot assure specific outcomes, we commit to diligently meeting your needs and expectations. We pledge to utilize all available resources and expertise to deliver optimal services to our clients.
Our Jurisdictions
Adlex Global offers expert assistance across multiple jurisdictions worldwide, ensuring clients have access to a diverse array of opportunities to develop and manage their businesses effectively.
Our Expertise
Adlex Global is the sole company in Kazakhstan specializing in providing consulting services tailored specifically to IT firms. We boast a wide range of competencies, merging expertise and experience in venture capital, digital product implementation, tax incentives, and other state support measures.
Moreover, we closely collaborate with foreign companies seeking to operate in Kazakhstan, offering services for company registration, opening accounts in second-tier banks of the Republic, and providing comprehensive legal and accounting support on all corporate matters through our team of lawyers and accountants.
Frequently Asked Questions
Yes, It is possible for foreign legal entities to open bank accounts in Kazakhstan, but the specific requirements and procedures may vary depending on the bank and the nature of your business. It’s essential to contact us previously to inquire about their specific requirements for opening a corporate bank account for a legal entity incorporated in Hong Kong.
We have practical experience on working with companies from Hong Kong, also we successfully assisted on corporate account opening in Kazakhstan for these companies.
The requirement for the director to come to Kazakhstan to sign banking documents for opening a corporate account can vary depending on the policies of the specific bank and the legal requirements in Kazakhstan. However, we may represent our clients interests in certain banks on bank account opening matters without the arrival of the director. that need to be followed.
In Kazakhstan, obtaining a Business Identification Number (BIN) or Individual Identification Number (IIN) is essential for conducting business activities across all sectors. Without a BIN or IIN, individuals or legal entities cannot be registered in the state database, thereby restricting their ability to operate legally within the country.
In Kazakhstan, there are several legal forms of companies available for incorporation, each with its own characteristics and requirements. The most common legal forms of companies in Kazakhstan include:
- Limited Liability Partnership (LLP): A popular choice for small to medium-sized businesses. It offers limited liability protection to its partners and can be formed with one or more partners.
- Joint Stock Company (JSC): A company whose capital is divided into shares. It can be either publicly traded or privately held. JSCs are suitable for larger businesses seeking to raise capital from public investors.
- Sole Proprietorship: Also known as an individual entrepreneur, this form of business is owned and operated by one individual. The proprietor is personally liable for all debts and obligations of the business.
- Branch Office: A representative office of a foreign company in Kazakhstan. It does not have separate legal status from its parent company and operates under its direction.
- Representative Office: Similar to a branch office, a representative office represents a foreign company in Kazakhstan but is limited to non-commercial activities such as marketing and promotion.
Before incorporating a company in Kazakhstan, it’s advisable to seek legal advice to determine the most suitable legal form based on your business goals, ownership structure, and regulatory requirements. Additionally, each legal form may have specific registration procedures, documentation, and compliance obligations that need to be followed.
Kazakhstan offers several tax incentives and benefits for IT projects and companies operating in the country, including exemptions from Corporate Income Tax and Value-Added Tax (VAT) for IT companies that are registered in the Astana Hub, the international IT park, based in Astana . These incentives are aimed at fostering growth and development in the IT sector in Kazakhstan.
It’s important to check the visa requirements for your specific nationality and the purpose of your visit to Kazakhstan. Visa requirements can vary, so it’s advisable to consult with the nearest Kazakhstan embassy or you can have consultation with our specialists. Additionally, if you plan to stay in Kazakhstan for an extended period or conduct business activities on a regular basis, you may need to consider obtaining a residence permit or work visa, depending on the nature of your business activities and the duration of your stay.
If you are visiting Kazakhstan for short-term business purposes, such as meetings, negotiations, or attending conferences, you may be able to enter the country on a business visa. Business visas typically allow for short stays for business-related activities and may have specific requirements regarding the maximum duration of stay and the activities permitted.
If you plan to conduct business activities in Kazakhstan on a more regular or long-term basis, you may need to obtain a work permit or residence permit, depending on the nature of your activities and the duration of your stay. Work permits are typically required for foreign nationals employed by companies registered in Kazakhstan, while residence permits may be required for individuals residing in Kazakhstan for an extended period.
If the European company is engaging in business activities in Kazakhstan, such as establishing a subsidiary, entering into contracts, or conducting financial transactions with local partners, it may find it beneficial or necessary to open a bank account in Kazakhstan. Having a local bank account can facilitate transactions in the local currency, streamline financial operations, and comply with local regulatory requirements.
Yes, a person from Europe can incorporate a company in Kazakhstan. Kazakhstan welcomes foreign investment and allows foreign individuals and entities to establish businesses in the country. However, there are certain procedures and requirements that must be followed to incorporate a company in Kazakhstan as a foreigner.
It’s important to note that the specific procedures and requirements for incorporating a company in Kazakhstan may vary depending on the type of business, the location, and other factors. Therefore, it’s advisable to seek guidance from our legal and business advisors team that work with Kazakhstan’s regulations and business environment to navigate the incorporation process effectively.
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Where to Find Us
Our office is located in the center of Almaty, in the SmartPoint Business Center at the following address: 280 Baizakova Street, office SP2-9, 2nd floor.
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