Hello There, Chris here from EMPIRE Global
Partners, discussing the Kazakhstan Financial Services Company License.
A Kazakhstan Financial Services Company License enables businesses to perform a wide variety
of activities including payment services, forex trading, e-wallet services, Financial
Services Company, foreign exchange and securities dealing, financial consulting, depository
agent activities, merchant services, issuance of debit cards (in specific cases), hosting
of currency and crypto trading platforms and software development. It must be highlighted
here that a Kazakhstan Financial Services Company License is unique because it is a
single license that permits such a wide range of activities. As a Financial Services Company,
businesses will be able to provide a complete package of services to any customer. It provides
a much-needed assurance that the business would not need to be dependent on any external
service provider for a specific requirement of a customer.
A license for a Kazakhstan Financial Services Company is issued by the Kazakhstan National
Bank and the Ministry of Economy of Kazakhstan. The documentation requirements for a Kazakhstan
Financial Services Company License are minimal. There are no requirements for office, staff,
business references or a compliance officer. There is also no minimum paid-up capital requirement.
There is a possibility of 100% foreign ownership and the Tax rate can be reduced to close to
0% through permitted structuring The fee for an application for a license varies
on a case to case basis but is considered to be among the most cost-effective in the
world. A license is generally granted within 6-8 weeks of submission of a fully completed
application. If you are interested in learning more about a Kazakhstan Financial Services
Company license and how it can help your business, please complete the form in the link provided
below and one of our dedicated team of experienced professionals will assist you through the
entire process of obtaining a license.