Shelf Company in Kazakhstan

A shelf company, also known as a ready-made company in Kazakhstan, is a legal entity which has already been registered and which can begin its economic activities immediately. Our company formation agents in Kazakhstan explain what the purchase procedure entails and what the advantages of this entity are.

How can your team assist me in buying a shelf company in Kazakhstan?

Our team specialized in company formation in Kazakhstan offers dedicated legal services to investors who want to acquire a shelf company. Our basic services include:

1. consultancy services, during which we will determine the type of shelf company you need;
2. assistance in selecting the most appropriate shelf company available for sale;
3. legal representation when signing the sale-purchase agreement;
4. addressing local institutions by registering the new ownership and making the company changes desired by the investor;
5. legal representation in completing other registration steps (while shelf companies can have their basic incorporation elements, many will still require completing other steps, such as opening a bank account, obtaining licenses, etc.).

How can I obtain legal representation from your team?

If you want to receive legal representation in the process of buying a shelf company in Kazakhstan, you need to grant us the power of attorney, which is the main legal instrument through which an individual or company can be represented in a legal matter by a third party.

What is the main legal entity under which the shelf company is sold?

Usually, when acquiring a shelf company in Kazakhstan, it is in the form of a limited liability partnership, which is the most popular type of legal entity in this jurisdiction.

How can I purchase a shelf company in Kazakhstan?

After selecting an available shelf company for sale (based on its characteristics – years of incorporation, type, sale price, etc.), investors can simply start the buying procedure. This is done through a sale-purchase agreement.

What are the mandatory elements of the sale-purchase agreement?

According to the Civil Code of the Republic of Kazakhstan, a proper sale-purchase agreement that concludes the sale of a shelf company in Kazakhstan includes the following:

1. the sale price;
2. the payment terms;
3. the object of the contract;
4. the rights and the obligations of the parties included in the sale (the seller and the new owner).

What are the basic the elements of a shelf company in Kazakhstan?

A ready-made company available for sale in Kazakhstan provides a set of basic elements, such as:

1. bylaws;
2. registration certificates;
3. a registered address;
4. a trade name;
5. a company type.

What types of shelf companies can I buy in Kazakhstan?

Investors who want to open a company in Kazakhstan have the possibility of buying 2 types of shelf companies, as follows:

1. recently incorporated shelf companies (no older than 2 years);
2. aged shelf companies – they can be incorporated for more than 2 years, some of which have an age of 9-10 years.

Which are the cheapest shelf companies?

In general, the newly incorporated shelf companies have a lower sale price. Aged shelf companies are more expensive because their year of incorporation provides more credibility in front of partners, banks and other parties.

What are the main obligations following the purchase?

Once the sale agreement is signed by the new owner, the investor or his/her representative (such as our team of experts in company registration in Kazakhstan) must address the local institutions in order to notify on the change of ownership, which must be recorded in the official registers.

What changes can I bring to my shelf company?

Investors can make various changes after the purchase has been completed and the transfer of ownership has been secured. Some of the main changes allowed in this case are:

1. change of objects of activity;
2. change of legal address;
3. change of trade name;
4. change of director, etc.

What are the main shelf company benefits in Kazakhstan?

A shelf company in Kazakhstan confers plenty of benefits, like:

• saving time compared to the procedure necessary to set up a new company in Kazakhstan;
• allowing easier access to corporate credit;
• offering credibility to potential investors, partners and clients, based on the years of incorporation;
• offering the opportunity to bid for contracts.

In what other country can you assist me in starting a business?

If you are interested in starting a business in another country, such as the Netherlands, we can put you in touch with our local partners.

If you intend to set up a shelf company in Kazakhstan or if you require company formation advice, please contact our staff.