BIN/IIN obtaining

In Kazakhstan, every citizen and resident of the country is assigned a unique identification number: for individuals, it’s the Individual Identification Number (IIN), and for legal entities, it’s the Business Identification Number (BIN).

Assigning a BIN is also mandatory for foreign companies operating in Kazakhstan or planning to open a corporate bank account in second-tier banks in the country.

At Adlex Global, we propose you to learn more about the process of obtaining a BIN for foreign legal entities.

What is the Business Identification Number (BIN)?

BIN is a unique identification number assigned to legal entities (including branches and representative offices) and individual entrepreneurs conducting entrepreneurial activities as joint ventures.

BIN plays a key role in conducting business activities in Kazakhstan, identifying the company in the National Register of Identification Numbers and other information systems. With it, you can access information about the company, verify a counterparty in government databases, tax reporting, and much more.

BIN formation period

On practice, the formation of BIN typically takes from 3 to 5 business days.

Upon completion of the BIN formation process, foreign legal entities are issued a registration certificate confirming their registration as non-resident taxpayers.

What is an Individual Identification Number (IIN)?

IIN is a unique number for individuals, which plays a key role in identifying such individuals in various government systems. The process of obtaining an IIN is mandatory for foreign citizens working in Kazakhstan or wishing to open a bank account in local banks.

The timeframe for obtaining an IIN is:

The process of obtaining an Individual Identification Number (IIN) typically takes 1 to 3 business days. Upon completion of this process, foreigners are issued a registration certificate confirming the assignment of the individual identification number.