How to close business by bankruptcy procedure in Kazakhstan

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Symbat Tursyngali, Anar Kubeyeva

Lawyers, Synergy Partners Law Firm

 A company, for example LLC[1], has decided to close its business. In this case there are several options:

[1] Kazakhstan bankruptcy law applies not only to LLCs, but also to joint-stock companies and other forms of a legal entity. In this article, we took LLC as an example, since this is the most common type of legal entity in Kazakhstan.

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