The Financial Permission that simply delivers more

PAYMENT PROCESSING - E-WALLETS - FOREX  - CRYPTO ACTIVITIES

Expand your business - not with many expensive licenses, but with a single approval that covers trading in forex and CFDs, payment processing and merchant services, electronic wallets and even crypto activities. Save costly, lengthy applications in different countries if you can combine everything together on a single company with a single approval. Incl. included full bank accounts for direct customer money acceptance and forwarding. It could not be better.

WITHOUT MINIMUM DEPOSIT / SECURITY DEPOSIT OR OTHER PAYABLE CAPITAL AS IN OTHER COUNTRIES. THE STANDARD PAID-UP CAPITAL IS 1 USD.

Permitted Activities.

Get to the pole position and start offering financial services to your clientele. The following activities can be conducted based on the permission / confirmation letter (accreditation letter) issued by the respective Government Authority such as the Statistics Bureau / Ministry of Economy:

  • Forex and Securities Dealing / CFDs & Futures Trading

  • Operate trading platforms online

  • Payment Prozessing and electronic payment accounts.

  • Electronic Money Issuing

  • Remittance Services (third parties)

  • Electronic e-wallets

  • ICO Launch

  • Crypto Exchange

  • Crypto / FIAT Trading Platforms online

  • Deposit Services (Third party funds and their remittance via e-wallets, crypto, FIAT currencies, SWIFT)

  • Merchant Services such as credit card processing (we do not provide Merchant account gateways or accesses, nor are the introductions part of our offer)t

Regulator's Regime and Corporate Setup Facts.

Corporate Setup.

Of course, the beginning of each setup process is the incorporation of the company in Kazakhstan.

 

When the company is founded, PAMEROY applies for your BIN number (Business Identification Number), which is indispensable in Kazakhstan for tax and register purposes.

 

At the same time, a local director is appointed, who is either passive or even active for you and represents your company (local requirement, director must be Kazakh). You are welcome to inquire about the terms of the nominee director's positions or active supporting directors to support you.

 

For your company you will receive the electronic commercial register extract as well as the deed of incorporation, statute, tax number certificate in the original as well as professional translations into English  (we always recommend in English drafted documents to simplify the dealings with future international partners).

 

The company formation takes about 2-3 weeks. You will be appointed as shareholder and sole beneficiary. The required local director will be appointed as passive director.

Regulator.

The accreditation process was further simplified in July 2019.

 

Previously, without exception, the National Bank was responsible, which often involved lengthy processings.

 

Since August 2019, PAMEROY has optimised the processes. In the course of the full digitization of all authorities in the country, the registration as a financial provider can also be done by another authority, from which the notification is automatically sent and accessable by the National Bank.

 

Your company will be registered with the relevant Ministry, the Ministry of National Economy of the Republic of Kazakhstan, as Financial Services Provider (based on the documents prepared by PAMEROY and tailored to your needs).

 

You may already start from this point on and offer services and activities to your customers.

 

Once the status of being a Financial Services Provider has been granted, an accreditation letter from the Regulator and/or any at this time responsible government authorities will be provided and arranged.

 

This accreditation document issued by the respective government authority stating that your entity is elibible to perform Payment Processing (PSP) activities, Forex Trading as well Crypto based activities. Thus you can offer and operate activities easily and legally secure with the official blessing of the regulator of the Republic of Kazakhstan.

 

And not only within Kazakhstan, but worldwide, e.g. online, if certain simple conditions are met. We are happy to inform you about this.

Banking & Accounts

In Kazakhstan, excellent international banks are available to you as future payment partners. PAMEROY operates for his customers mainly with Sberbank and Alfa Bank.

 

Thus, you always have a back-up bank account. The accounts are managed multi currency.

 

You can have subaccounts in different currencies. In addition to the ruble and the local tenge, EUR, USD, GBP, CHF, JPY as well as exotics such as the Turkish Lira and even the Chinese Yuan (CNY) will be added.

 

You will also receive secure online KEYS, DigiPass and online banking access. Kazakhstan is an IBAN country.

 

Your customers can transfer directly to you by stating:

Recipient: name of your company

IBAN: your own IBAN (each currency receives its own IBAN) SWIFT / BIC: Simply the corresponding code of the bank Purpose: Customer number or invoice no.

 

Correspondent Banks / Intermediary Banks, as in the case of transfers to the Caribbean or Asia, are also not required as all KZ banks are affiliated SWIFT full members

banks-KZ.png

Details and Facts about your new KZ company.

01.

Estimated total setup time

Company formation, bank account setup and accreditation / permission process take about 6-8 weeks.

Required Documents

  • Notarized and apostille attorney's power of attorney (please contact us)

  • notarized and apostilled passport copy

02.

Tax

Corporate tax is 20% on the pure company profit. PAMEROY offers you legal opportunities to reduce the tax liability to almost 0% , eg through outsourcing and process relocation to low-tax countries.

 

You also get a clever and experienced accountant in Kazakhstan.

03.

Start and Setup Services (excerpt)

  1. Preliminary examination of all documents

  2. Name reservations

  3. Due Diligence / WorldCheck

  4. Company Formation

  5. Legal advice

  6. 2 x account openings

  7. accreditation preparation

  8. accreditation support

  9. Liason with ministries and the respective regulatory government authority

  10. Mediation StB / Accountant

  11. Registered Agent Service

  12. Registered address

  13. Mail forwarding or immediate processing by local director

  14. and much more - all other services and these are listed in detail in our invoice to you.

04.

Compliance Info

Like any other financial services provider, you must identify each customer (ID document + address verification). A Compliance Officer is not required. Apart from the local director, there is no need to employ any additional mandatory staff in Kazakhstan .

Costs up from 2nd year

  • about 3500 EUR per year for Registered Office and Agent as well as the local director 

Interest? Order the full exposure now!

Telephone contact:

Mo-Fr  10.00 bis 18.00 Uhr MEZ
Bank holidays of Labuan and Kazakhstan apply.

European customer's service line:

+49 30 217 83 267

+46 21 490 49 88


SKYPE CONTACT DIRECT:

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