In accordance to the Law of the Republic of Kazakhstan «About payments and payment systems», a payment company with assigned by National Bank registration number of the accounting registration of the payment company (hereinafter referred to as the registration number) can provide next types of services:
100% foreign ownership is possible.
No paid-in capital is needed to capitalize on the company.
Stage 1: Registration of the company, Business Plan preparation, application submitting.
Stage 2: Initiation of licensing application process with the National Bank of Kazakhstan.
Stage 3: Obtaining the license, documents delivery (corporate, licensing, banking).
Price: on a request.
The timeframe: circa 30-40 days.
Sberbank acquiring connection service may be provided for an additional cost.
30% deposit payment and name of company is needed to initiate the licensing procedure. Upon completion, remaining 70% shall be transferred.
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