1. Who can be a participant(s) of the legal entity?
LLCs/JSCs can be founded by one or more entities, which might be both individuals and legal entities. JSCs can be also founded by the KR Government and local self-government authorities. LLCs/JSCs...
View Article2. What documents are required for registration of a legal entity?
For registration of a legal entity, the following documents must be submitted to the registration authority:- Application for registration; - Participant’s decision to establish a legal entity; - Copy...
View Article3. What are the formal requirements for the registration documents?
The participant’s decision to establish a legal entity must be signed by each participant and contain the following data:- Name of the to-be-registered legal entity in Kyrgyz and Russian; - Legal...
View Article4. Which authorities are responsible for registration of legal entities?
The KR Ministry of Justice and its territorial units are responsible for state registration of legal entities in KR. read more
View Article5. How long does it take to register a legal entity?
State registration of legal entities by the justice bodies is performed within 3 business days from the date of submission to the respective justice body of all necessary documents required by the...
View Article6. How to obtain a seal of the legal entity?
After receiving from the justice body the certificate of state registration indicating a taxpayer’s identification number (TIN) a legal entity can order a seal to be made by a private company making...
View Article7. What is the procedure for opening bank account?
After receiving the certificate of state registration and the seal, a legal entity may open account in any bank of KR. After opening a settlement account, the bank must within 5 business days notify...
View Article8. What is the minimum authorized capital required?
Pursuant to KR law, the authorized capital defines the amount of the property of a legal entity guaranteeing interests of its creditors. The amount of the authorized capital of the legal entity is...
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