Kazakhstan: Central Asia’s largest economy

A destination for ambitious investors

Why Kazakhstan?

Kazakhstan is located in the heart of the Eurasian continent, being the Commonwealth of Independent States’ second- and the world’s ninth-largest country. It’s also known as the 'locomotive' of post-Soviet Central Asia.

Bordering with China, Kyrgyzstan, Turkmenistan, Uzbekistan and Russia sees Kazakhstan bridging East and West, providing vast opportunities for those in need of an effective transit corridor.

The oil and mining industries are one of the main points of interest for international companies looking to expand their footprint; they represent more than half of the country’s foreign direct investments.

To further this investment, Kazakhstan is heavily developing its oil and mining industry through expanding new oil reserve and mining deposits. And it’s working - during the last decade, Kazakhstan has tripled its oil production.

Our experience in Kazakhstan

TMF Group has been operating in Kazakhstan since 2008, and our team of 25 local specialists can provide a full range of business services to help our clients meet all local compliance and reporting requirements.

We can facilitate new investments and ventures within the country, and can assist at any stage of an entity’s lifecycle - from legal incorporation, ongoing compliance in accounting, tax, HR administration and payroll to closing books and freezing or dissolving an entity.

TMF Kazakhstan is an active member of EUROBAK (European Business Association of Kazakhstan), the American Chamber in Kazakhstan, the National Chamber of Entrepreneurs of the Republic of Kazakhstan and of the Professional Organisation of Accountants of the Republic of Kazakhstan.

In Kazakhstan, we combine extensive global resources with our unrivalled knowledge of local regulations, cultures and languages to help you achieve your business goals.

Our full range of services include:

  • Accounting and Tax services: We take care of local statutory bookkeeping, full consolidated accounts and management reporting to relevant local and international standards. We also help you manage your tax and reporting obligations.
  • Corporate Secretarial services: We can take care of recurring compliance filings, manage routine corporate changes and retrieve any official corporate documents from official registries.
  • HR and Payroll services: We help you to apply and implement international policies in employment contracts and handbooks, and pay your staff in compliance with local law.

Local Services:

In addition to our global portfolio of services* our Kazakhstan office in Almaty provides extra support for specific local requirements.

  • Assistance in migration services: obtaining work permits, working visas, and registration of foreign employees
  • Accounting health-checks and reorganisations
  • Implementation-specific requirements in local accounting and payroll systems
  • Working with different ERP (QuickBooks, BST, SAP FC, Hyperion) and financial systems
  • Tax audit preparation and facilitation

Recent Awards

Our team has maintained its position in the top 20 “Best Accountant” and “Super Accountants” national contests every year since 2013.

To find out exactly how we can help you, speak to our experts

We deliver tailored solutions to each precise location that allow you to operate smoothly from day one.

Make an enquiry

Request a country profile

Learn all the details that you need to be aware of when entering a market.

Request a country profile