How to establish LLP
DownloadЧто нужно подготовить перед открытием ТОО
For the convenience of aspiring entrepreneurs, we provide a brief checklist of the key matters that should be addressed before submitting an application:
- Determine the number of founders.
- Choose a name for the LLP.
- Determine the business category.
- Prepare a resolution on the establishment of the LLP or the minutes of the founders' meeting.
- Conclude a foundation agreement, if necessary.
- Approve the charter or choose the model charter.
- Determine the amount of authorized capital.
- Appoint the head of the LLP.
- Determine the legal address and obtain the property owner's consent.
- Select the primary type of economic activity according to the General Classifier of Economic Activities (OKED).
- Identify the beneficial owner (beneficial owners).
- Prepare information about the beneficial owners: full name, citizenship, identity document details, Individual Identification Number (IIN) or foreign identification number, date of birth, place of residence, and ownership interest or information on other grounds for exercising control.
- Prepare an electronic digital signature (EDS) and the necessary information for submitting the application.
- Determine whether employment relationships with individuals are planned.
- Select an appropriate tax regime.
Opening a Limited Liability Partnership (LLP) in Kazakhstan, provided that the documents are properly prepared and legal requirements are met, can be carried out by submitting an electronic application, which is completed on the Digital Government web portal, or by submitting an application to the Government for Citizens State Corporation.
It is important to take into account the business category, as it determines the state registration procedure and certain requirements for the constituent documents.
For small and medium-sized enterprises, electronic registration is available through a composite public service that combines the registration of a legal entity, the submission of an application to open a bank account, and the submission of an application for compulsory employee accident insurance, subject to the exception provided by law.
Particular attention should be paid to the accuracy of information about the founders, the head of the company, and the beneficial owners.
After registration, it is necessary to promptly address taxation matters, verify the results of opening a bank account and arranging insurance, organize accounting records, and complete all other mandatory procedures.
