Ted
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Recent activity by Ted-
How do I become the AIFC Participant?
Depending on the activity, an applicant completes Authorization + Registration or Registration only.
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Why become a participant in the AIFC?
Benefits include English common law jurisdiction, independent courts, flexible regulation, emerging capital market (AIX), tax exemptions, 0% CIT/VAT for authorized financial companies, and special ...
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What kind of business activities can be carried out by AIFC participants?
Activities permitted by AIFC and Kazakhstan law. Regulated, Market, and Ancillary services require AFSA authorization. Holding companies, IT, trading etc. do not require a license.
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What is an AIFC participant?
A legal entity registered under AIFC law, including AIFC-formed entities and foreign entities recognized by the AIFC Registrar.
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Can the AIFC Participant provide services in foreign currency?
AIFC rules define a currency perimeter for services to residents of Kazakhstan. Operations between AIFC Participants and non-residents may be conducted in any currency under AIFC currency rules.
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What is an Acting Law of the AIFC?
The Acting Law of the AIFC is based on the Constitution of Kazakhstan and consists of the Constitutional Statute on the AIFC, AIFC Acts, and parts of Kazakhstan law applicable where not displaced b...
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What is a FinTech and how to operate such business in the AIFC?
FinTech is technology-enabled innovation in financial services with material impact. The FinTech Lab enables testing and development under simplified regulatory conditions.
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What does carrying on activities “in or from” the AIFC mean?
It refers to activities carried out in the AIFC between AIFC Participants or between an AIFC Participant and another party outside the AIFC, in or outside Kazakhstan.
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What is the objective of the AIFC?
The AIFC aims to contribute to the development of Kazakhstan’s financial sector by facilitating economic diversification, promoting financial services, fostering the development of the capital mark...
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What is the AIFC?
Geographically, it is a large defined zone within the City of Astana wherein AIFC Participants may be located and carry on their business activities. Conceptually, the AIFC is a financial hub for C...