How to establish LLP

LLP can be recognized as a subject of micro/small/medium/large business.  

The following indicators affect an entity`s status:

• average annual income;
• average annual number of employees;
• types of activities (in certain cases).

Each LLP should verify its category independently.

The list of documents required for registration depends on the category of private entrepreneurship subject.

According to Article 24 of the " Entrepreneur Code of the Republic of Kazakhstan" micro business entities involve LLP with average annual number of employees no more than 15 and average annual income not higher than 30000-fold MCI.

Small business entities involve LLP with average annual number of employees no more than 100 and average annual income not higher than 300000 -fold MCI.

LLP performing the following activities cannot be considered as small business entities:

1) activities related to the trafficking of narcotic drugs, psychotropic substances and precursors;
2) production and (or) wholesale of excisable products;
3) grain storage activities at grain receiving points;
4) conducting a lottery;
5) gambling business activities;
6) activities related to the turnover of radioactive materials;
7) banking activities (or certain types of banking operations) and activities in the insurance market (except for the activities of an insurance agent);
8) auditing activities;
9) professional activity in the securities market;
10) activities of credit bureaus;
11) security activities;
12) activities related to the turnover of civilian and service weapons and ammunition;
13) digital mining activity of the I subspecies;
14) the activities of commodity exchanges.

Medium business entities involve LLP with average annual number of employees more than 100 but no more than 250 and average annual income higher than 300000-fold MCI but no more than 3 000 000-fold MCI.

Large business entities involve LLP with average annual number of employees more than 250 and average annual income higher than 3 000 000-fold MCI.