Bars Consulting Services
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How to open a business in Kazakhstan and the UAE:
In Kazakhstan
Starting a business begins with choosing the organizational and legal form, most often it is a limited liability company (LLP). It is necessary to prepare a package of documents: the company's charter, an application for registration, documents of the founders and others, depending on the type of activity. Documents are submitted to government agencies - the Ministry of Justice or the Public Service Center (PSC). The registration period usually takes from 3 to 7 working days. After registration, it is necessary to open a bank account and organize accounting, which must comply with the requirements of tax legislation.
In the United Arab Emirates (UAE)
In the UAE, free economic zones (Free Zones) are often chosen for starting a business, as they provide preferential conditions for foreign investors, including 100% ownership of the company and simplified tax regimes. The registration process includes choosing the type of activity and license, filing constituent documents, obtaining permits from regulatory authorities, and opening a bank account. In some cases, it is possible to obtain a residence permit for business owners. Registration time depends on the type of company and the specifics of the zone, usually the process takes from several days to a couple of weeks.
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