Before the year-end, online service on termination of legal entity will be available on Kazakhstan e-Government portal.

In electronic format, termination of business will be faster: 5 days instead of conventional 7, and it also will require to submit less documents twice as small as before.

It should be reminded that the instruction on simplification of the procedure for liquidation of private sector entities was given by President Nursultan Nazarbayev on September 2, this year at the opening ceremony of Parliament season.

To be provided the service: “State registration of termination of legal entity’s business, de-registration of branch/representative office”, user, upon pressing the “Order online service” button, will have to enter BIN/IIN of legal entity or individual entrepreneur for verification of data.

After that, additional information is entered in the e-form’s fields, and the scanned copies of the required documents are attached to the application form.* The fee for this public service may be paid using any Kazakhstan bank’s payment card. Then the application is certified with digital signature.

Within 5 working days, the service result will be available in user’s Personal Account: an Order on state registration of termination of business or a substantiated denial. Notice of preparedness of document is sent to applicant’s email as well.

*List of basic documents required for obtainment of the e-service:

1. decision by owner of legal entity’s property or by the body authorized by owner, or by the legal entity’s body authorized to do so by charter documents attested with legal entity’s seal;

2. document stating the annihilation of legal entity’s seal;

3. notice from National Bank about cancellation of issuance of shares (for joint-stock companies).