Kazakhstan to simplify business registration procedures

Photo: Kazakhstan to simplify business registration procedures / Kazakhstan

Astana, Kazakhstan, Feb.25

By Daniyar Mukhtarov - Trend:

Kazakhstan is lessening of the number of the documents for business registration the Minister of Regional Development, Bolat Jamishev said in his speech at the government meeting on Feb. 25.

Two documents will be excluded from the list of documents submitted while opening a bank account through the National Bank - order and the document confirming registration of the legal entity, he said. To verify a client through the Ministry of Finance four documents are now excluded. Certificate of the registration number of the taxpayer, statistics card, order and document confirming registration of the legal entity are no longer needed.

The measures should improve Kazakhstan`s ranking on "Enterprise opening" index in "Doing Business", Jamishev said.

Furthermore, the possibility of requesting registration of the legal entity with the authorized representative, when the founder is a foreign national or foreign legal entity will be considered also.

The minister also noted that they will automate state services on the "Issuance of duplicate title document for real estate" and submission of electronic application through an "electronic government" portal on "Property registration index" of "Doing Business".

Translated by S.I.
Edited by C.N

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