BMG BMG Consulting Group TOOShymkent · Kazakhstan
+7 778 057 1038
01
Business consulting · Shymkent

Two things ruin more
businesses here than any tax rate

BMG Consulting Group TOO advises businesses in Shymkent and the south of Kazakhstan on registration, accounting, tax and the ordinary administrative machinery of running a company.

Most of that work is unremarkable and this page does not dwell on it. What it dwells on instead are the two failures we see repeatedly, neither of which has anything to do with rates or reliefs: handing your electronic signature to somebody else, and transacting with a counterparty nobody checked.

Both are avoidable in an afternoon. Both, left alone, can end a business that was otherwise perfectly sound.

02
The first one

Your electronic signature
is you

An electronic digital signature is not a convenience or a password. Within the state systems it functions as your hand on a document. Anything signed with it is signed by you, and explaining afterwards that somebody else was holding the key is a conversation that rarely goes the way people expect.

Yet it is handed over constantly — to an accountant "so it is faster", to a relative, to a firm promising to handle everything, to somebody met online offering easy money for a signature and a passport.

Never, to anyone, including us
Never give away the key file and its passwordTogether they are complete authority over your company and, in many respects, over you. A consultant does not need them, and one who insists is describing their own convenience, not your interest.
Never register a company for somebody elseBeing the nominal founder or director of a business run by another person makes you responsible for what that business does. The people arranging it disappear; the registered name does not.
Never sign what you have not readIncluding electronically. "Just confirm it, I will explain later" is a complete sentence about the person saying it.
Never hand over your passport or IIN for a feeAny offer of payment in exchange for documents or a signature is an offer to put your name on someone else's liabilities.

What a consultant legitimately needs is access, not identity. Documents, figures, explanations, and a properly granted authorisation where one is required — all of which leave a trace showing who did what.

03
The second one

Check the counterparty before the money moves

The other recurring disaster is quieter. A company trades normally with a supplier for a year. Later that supplier turns out to have been something other than a real business, and the deductions taken against those invoices are reversed — with the consequences landing on the company that did nothing wrong except fail to look.

contractpayment, invoicemuch later everything looks normal deduction taken supplier found not to be real deduction reversed — on you the check that would have prevented this took ten minutes, two years earlier
The gap between the transaction and the consequence is what makes this easy to ignore.

The checks are public, free and quick. Before a first significant transaction with anyone:

And keep the ordinary paperwork properly: contract, delivery documentation, correspondence and proof of payment through the bank. Transactions that exist only as an invoice and a cash movement are the ones that cannot be defended later, whatever the truth of them.
04
Getting started

The first decision: TOO or individual entrepreneur

Set out in general terms, because the right answer depends on the business and because the rules change. This is the shape of the question rather than advice on your situation.

ConsiderationIndividual entrepreneurLimited liability partnership
LiabilityThe individual answers personally for the obligations of the business.A separate legal person, with the separation that implies — subject to the exceptions that exist everywhere.
Setting upSimpler and quicker.More formality: founding documents, charter capital, registration.
How it is seenSome larger counterparties and tenders prefer to contract with a legal entity.Generally accepted everywhere; often expected above a certain size.
PartnersOne person. Bringing somebody in means restructuring.Built for more than one participant, with shares and rules about them.
AdministrationLighter, depending on the regime chosen.Heavier: accounting, reporting, corporate formalities.

The tax regime is a separate question from the legal form, and the two are often confused. Choosing a form because of a regime you have half-heard about is how businesses end up restructuring in year two, which costs more than getting advice in week one.

05
Services

What we actually do

Registration and restructuring

Forming a company or an individual entrepreneurship, changes to participants and charter documents, and closing things down properly when that is the right answer.

Accounting and reporting

Ongoing bookkeeping and the filing calendar, so deadlines arrive as scheduled work rather than as a surprise with a penalty attached.

Tax regime advice

Which regime a business qualifies for and what each actually costs it in tax and in administration, reviewed when the business changes rather than once at the start.

Counterparty checking

Running the public checks above before a significant contract, and setting up a routine so it happens every time rather than when somebody remembers.

Employment documentation

Contracts, orders and the records that employment inspections ask for, prepared before they are needed.

Sorting out arrears

Where reporting has slipped or obligations have accumulated. Unpleasant, common, and considerably better addressed than avoided.

What we will not do: hold your electronic signature, act as a nominal founder or director for anybody, or build a structure whose purpose is to make transactions look like something they are not. If that is the engagement, we are the wrong firm and we would rather say so at the first meeting.
06
Questions

Asked regularly

i.My accountant asks for my electronic signature. Is that normal?

It is common and it is not something we do. Ask what specifically needs signing and arrange for you to sign it, or for a proper authorisation to be granted that records who acted. The inconvenience is measured in minutes; the alternative is unlimited authority in somebody else's hands.

ii.Someone offered me money to register a company in my name.

Refuse, and do not hand over documents. Whatever the business turns out to do, your name is on it, and the people who arranged it will not be reachable when questions arrive. This is not a grey area and it is not a small favour.

iii.How far back can a supplier problem reach me?

Further than most people assume, which is precisely why the checks matter at the time rather than in hindsight. The specifics depend on the circumstances and the law as it stands, and it is worth asking about your own position rather than relying on a general answer on a website.

iv.Can you guarantee an outcome with the tax authorities?

No, and treat any firm that does with suspicion. What can be done is to have the documentation, the reporting and the evidence of your own diligence in order, which is what determines outcomes far more often than argument does.

v.Do I need a consultant at all?

A small business with one revenue stream and clean records often does not, and we will say so. Advice earns its cost when there are employees, multiple counterparties, a regime decision to make, or something that has already gone wrong. Paying for reassurance is not the same as paying for help.

vi.How do we start?

Tell us what the business does, roughly its size, and what is currently bothering you. The first conversation costs nothing, and it quite often ends with a short list of things to do yourself rather than an engagement.

07
Contact

Come and ask first

Bring the question, not the signature. We do not need your keys to have a useful conversation.

Officeulitsa Zhanibekova, building 1713
mkr. Taraz, Shymkent
Kazakhstan
Never requiredYour electronic signature or its password