Typical legal form for start-ups

tovarischestvo s ogranichennoy otvetstvennostyu (t.o.o.)

Brief information

Kazakh start-ups usually choose the legal form of the t.o.o. It offers the advantages of low minimum share capital and manageable corporate and tax governance. It is equivalent to the German GmbH.

If the t.o.o. has a Supervisory Board, an investor may participate in this.

One or more directors manage the t.o.o. In addition, a Supervisory Board can be established voluntarily for monitoring purposes. The shareholders' meeting may restrict the competences of the Supervisory Board.


In collaboration with: Kinstellar