
On the portal of e-government www.egov.kz there is a public service,allowing small and medium businesses to register VAT at the same time when registering an enterprise,open a bank account and conclude a contract for compulsory insurance of an employee against accidents.
To date, four second-tier banks have been connected to this service - ForteBank JSC, Tsesnabank, Halyk Bank and Alfa-Bank, as well as three insurance companies - JSC "Life Insurance Company "State Annuity Company ", «Life Insurance Company «Asia Life» and JSC «Khalyk-Life»
Currently, work is underway to connect an additional 9 banks and 3 insurance companies..
Thus, the electronic registration of a business in such a format made it possible to optimize costs and significantly reduce procedures and deadlines..
We note that previously an entrepreneur had to first register a legal entity,to open an account, present to the bank a certificate of registration,then go to state revenue authorities for VAT registration,and also to the insurance company for the conclusion of a contract for compulsory insurance of employees.
At the same time, to start a business, printing production is not required.