You plan to open an MFI
You need to discuss the business model, company structure and readiness for licensing, and prepare documents and future accounting processes.
From an idea to a company ready to launch
Starting a financial business in Kazakhstan
Planning to open a microfinance institution, pawnshop or another financial business? We help you map out the launch, prepare documents and organise operations after opening.
ProFinance Consulting · Almaty · Online support
For international foundersWhen to contact us
Support at your stage
For entrepreneurs and investors choosing a financial business model, those who have already incorporated a company, and those preparing documents to start operations.
You plan to open a pawnshop
It is important to plan the collateral model, premises, valuation and storage, internal processes and licensing preparations in advance.
You are considering another type of organisation
We first identify the type of activity and the applicable procedure: licensing or regulatory registration. Payment organisations and collection agencies, for example, are considered separately.
Scope of supportServices tailored
Services tailored
to your needs
You can outsource a specific function or arrange comprehensive support. The scope is set out in the contract.
Preparing to establish a company
Discussing the legal structure, incorporation, business plan and key tasks before operations begin.
Licensing support
Explaining requirements, preparing corporate documents and the application, and supporting submission for your type of organisation.
Registration with the regulator
Document preparation and support for payment organisations and collection agencies under the procedure applicable to them.
Internal documentation
Developing rules, instructions and policies for the company’s activities. Agreeing the documents with the future operating team.
Accounting after launch
Organising accounting and reporting. You can continue working with us on specific functions or through ongoing support.
Our clients’ experienceFamiliar challenges.
Familiar challenges.
Real experience.
Clients describe what brought them to us and how they continued working with our team.
Our team and credentials“We studied the law on microfinance activities and looked for a company that could establish a business for us and obtain an MFO licence. We found the ProFinance Consulting website on Google. After a comprehensive consultation on MFO activities, we decided to work together. ProFinance Consulting established an MFO LLP and obtained a licence from the National Bank of Kazakhstan in a short time, and also developed all our internal documents. Today, they provide us with legal and accounting support.”
How we workClear steps
Clear steps
to get started
We start by getting to know your company and its needs. Before work begins, we agree the scope, responsibilities and terms.
Discuss your business launch- 01
We assess the model and readiness
We discuss the type of organisation, owners, management, capital and documents already prepared. For a pawnshop, we also review the collateral model and premises.
- 02
We agree a preparation plan
We treat company incorporation, licensing or regulatory registration, and operational setup as distinct stages. We agree the tasks, scope of support and terms.
- 03
We prepare documents and support the application
We help prepare the agreed document package and application, and address questions that arise. The authorised body decides whether to grant a licence or registration.
For international entrepreneurs
Planning a financial
Planning a financial
business in Kazakhstan?
We will start with your business model and ownership structure, identifying the issues to resolve before registration, submission of an application and the start of operations.
Business model and company structure
We will discuss your planned services, the founders’ country of registration and the project’s current stage. We will clarify which registration or licensing procedure applies to the intended activity.
Documents and participation
We will review the required source documents and any translation or formalities needed for their use in Kazakhstan. We will agree in advance which steps can be completed remotely and which require a representative’s involvement.
Support after launch
We will plan the handover of accounting, reporting and internal documentation tasks. Communication methods, language and responsible people will be agreed before work begins.
What to include in your first enquiry
The type of financial business, the founders’ country, the project stage and your preferred language. Passport copies and clients’ personal data are not needed in your first message.
Our specialist project
Visit mfolicence.kz License Finance
Detailed guidance on licensing MFIs and pawnshops: company preparation, documents and application submission support.
Before you contact us
Frequently asked questions
Can we contact you before the company is incorporated?
Yes. At this stage, we can discuss the business model and the preparation sequence. We start by choosing the type of organisation and assessing your project’s starting position.
Are licensing and regulatory registration the same process?
They are different procedures. The applicable process depends on the type of activity. We consider licensing for MFIs and pawnshops, and regulatory registration for payment organisations and collection agencies. The scope of work is defined for each project.
Can you continue supporting us after we open?
Yes. After launch, you can continue working with ProFinance on accounting, reporting, internal documentation and legal matters. We agree the scope of ongoing support separately.
Let’s start with your situation
Discuss your business launch
Tell us about your company, its current stage and the task at hand. We will clarify the details and propose a scope of work.
Almaty · Mon–Fri, 9:30–18:30
Useful before we meet
Read the guide