Citizenship
Residence & visas
Services
BlogVacancies
English
Free consultation

Business accounts: Kazakhstan

An honest assessment before work starts, the quote is fixed in writing.

We assess your chances against your profile, prepare the compliance file, help you present your source of funds properly and handle communication with the bank until it decides. The final decision always rests with the bank, and careful preparation improves the odds.

We quote the exact cost for this country after a short consultation: it depends on the bank and your residency. The quote is fixed in writing before work starts.

Where to register: Kazakhstan or the AIFC

The account is opened either for an ordinary Kazakh limited liability partnership or for an Astana International Financial Centre company. Centre companies work under English law, and disputes go to the centre's own court. Since 1 December 2025 registering a private company in the centre costs $500 online and $1,500 on paper; the annual return and accounts cost $50 each to file, and the annual confirmation of register details $20.

Centre feeAmount
Private company registration online$500
Registration on paper$1,500
Annual return / accounts$50 / $50
Annual confirmation of register details$20

We will calculate online the cost of opening an account for your company and maintaining it for a year.

Calculate online

Company taxes in 2026

Corporate tax is 20%, and VAT is 16% from 2026 instead of 12%; VAT registration is mandatory at a turnover of 10,000 monthly calculation indices, 43.25 million tenge. More on our Kazakhstan taxes page.

How opening the account works

  • Incorporation documents, business identification number, ownership up to the ultimate beneficial owners.
  • A business description, counterparties and payment countries, source of capital.
  • An in-person meeting with the director; the bank checks links to sanctioned countries and persons.

AIFC company benefits

  • Until 1 January 2066 centre participants pay no corporate tax on financial services in the centre or on legal, audit, accounting and consulting services to centre bodies and participants.
  • Participants' employees and their families get visas of up to 5 years and work without work permits for foreigners.
  • Ordinary trading or manufacturing does not qualify: a Kazakh partnership suits them.

Why banks refuse companies

  • Owners or counterparties are linked to sanctioned countries and persons.
  • No real activity in Kazakhstan: an office, staff, contracts.
  • Transit payments without a clear business purpose.
  • The director cannot attend an in-person meeting.

What we do

  • Corporate account - opening assistance

See also

Company formation · Personal account · Investment property · All country programs

FAQ

Can a non-resident open a company bank account in Kazakhstan?
Yes, normally through a TOO or a branch, with registration, a BIN and an appointed director. Directors and signatories need an IIN and often proof of lawful stay.
What is an AIFC account and how is it different?
The Astana International Financial Centre is a separate legal regime based on English law with its own regulator. AIFC companies still bank with local institutions, and compliance there is no softer, sometimes stricter.
Why do Kazakh banks refuse companies with Russian links?
Because of secondary sanctions risk, banks screen owners, counterparties and payment routes. Companies with Russian participation are often declined or restricted on foreign currency transfers - that is a bank decision, not a formal ban.
Does the director have to come in person?
Yes, identifying the signatory at a branch is standard. Some steps can be done remotely, but signing and biometrics are normally face to face.
How much does AIFC company registration cost?
Since 1 December 2025, $500 online or $1,500 on paper. Annually, $50 for the annual return, $50 for accounts and $20 for the register confirmation.
What taxes does a company pay in Kazakhstan in 2026?
20% corporate tax and 16% VAT; VAT registration is mandatory at a turnover of 43.25 million tenge a year.
What benefits do AIFC companies have?
Until 1 January 2066, exemption from corporate tax on financial and related services in the centre, and for employees, visas of up to 5 years without work permits.
How much does AIFC annual reporting cost?
Online: $50 for the annual return, $50 for accounts and $20 for the register confirmation.
What is Kazakhstan's VAT in 2026?
16% instead of the former 12%; registration is mandatory at a turnover of 10,000 monthly calculation indices, 43.25 million tenge.
Do AIFC company employees need work permits?
No, employees of centre participants and their families get visas of up to 5 years and work without permits for foreigners.

Which bank in Kazakhstan suits your company?

We compare Kazakh banks on their rules for non-residents and currency accounts, prepare the compliance documents and guide the opening. The catalogue covers every country.

Business accounts worldwide

The Murblz consultant replies straight away in the chat on this page. Describe your situation and we will work it out together.

Free consultation

Or message us on Telegram →

FreeConfidentialInstant reply
Free consultation