Issuance of a license to carry out microfinance activities
The minimum authorized capital for a microfinance organization (MFI) is, according to the document, 100 million tenge, with the exception of an MFI that has been registered before 2020, for which the minimum authorized capital is
from 2020 - 30 million tenge, from 2021 - 50 million tenge, from 2022 - 70 million tenge and from 2023 - 100 million tenge.
Issuing Authority:
Агентство Республики Казахстан по регулированию и развитию финансового рынка
Additional Approvals:
Not Required
National tax:
0 Monthly Calculation Index (0 tenge)
Order the document online on our platform
We will help you in obtaining all the documents required for a license
You don't need to go anywhere, all documents are submitted online
You can track the process of receiving the document in your personal account
A personal manager will be assigned to you, always ready to answer your questions
Selected document:Issuance of a license to carry out microfinance activities
Are you a resident of the Republic of Kazakhstan?
Processing time:
1
Preliminary verification of documents
List of documents
1 Information on compliance with the minimum equity capital
2 Electronic copy of the charter
3 Information about the security system and technical strengthening of the premises
4 Electronic copies of documents confirming the hiring and (or) appointment (election) of executives, employees of the internal control service
5 An electronic copy of the rules for granting microcredits
6 Electronic copies of identity documents of executives and major participants (major shareholders) (for foreigners and stateless persons)
7 Electronic copies of regulations on branches and representative offices (if any)
8 Electronic copies of documents confirming that executives have higher education (mandatory). Documents submitted in a foreign language are translated into Kazakh and Russian and are subject to notarization
9 Electronic copies of documents confirming the absence of an unexpunged or outstanding criminal record of executives and major participants (major shareholders) (for foreigners and stateless persons).
10 Electronic copies of documents confirming the payment of the minimum amount of the authorized capital
Term of Registration:
28
work days
Result:No - UPPERLICENSE recommendations for Step No 2.Preliminary verification of documents is undergone
Yes - the client is served by the UpperLicense company and-> transition to the Step 2.
2
Registration on the elicense.kz portal and filing an application for notification online with all documents attached
Term of Registration:
1
work day
3
Receipt of the original set of documents (personal presence is not required)*
Term of Registration:
1
work day
Result:Obtaining a permit document in electronic format, with display in your personal account.
Service Cost:1 500 000 tenge
Pre-Payment:1 050 000 tenge (70% from the sum)
2 payment:450 000 tenge (30% from the sum)
Order the paperwork and get it guaranteed and on time
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