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Outsourced CFO for Companies in Kazakhstan
Your accountant tells you whether the tax returns were filed correctly. As an owner you need a different answer: will there be enough cash three months from now? A part-time CFO runs your management accounts, budget and cash forecast.
An outsourced CFO in Kazakhstan covers the forward-looking side of finance: forecasts and management figures. The accountant handles bookkeeping and tax reporting for past periods. In a small company nobody usually does the first job, and the owner learns about a cash gap on the day there is no money for payroll. A part-time CFO fills that role without a full-time hire: builds the budget, runs the payment calendar, compares plan with actual and explains the variances.
In 2026 a forecasting mistake costs more. VAT has risen to 16%, the VAT registration threshold has dropped to KZT 43.25 million, and you can no longer deregister from VAT when turnover falls. Payments to non-residents for services are taxed at 20%, and deadlines for repatriating foreign currency revenue belong on the same calendar as taxes and payroll. We build all of this into the budget in advance and work alongside your accountant, or run both sides ourselves.
Who it is for
- Owners whose cash forecast doesn't reach beyond the current month
- Companies whose turnover is approaching the VAT threshold
- Startups before or after a funding round that need investor reporting
- Businesses preparing for a loan that must show the bank their numbers
- Groups of companies: a Kazakhstan LLP, a US or AIFC company, several currencies
Requirements
- Access to accounting data and bank statements
- An agreement with your accountant on the month-end close timetable and data format
- A person on your side who sends data and joins the meetings
- For a group of companies, information on all legal entities, accounts and intercompany contracts
What we do
- Build a management chart of accounts and track profit by business line, project or legal entity
- Draw up an annual income and expense budget by month and run plan-vs-actual reporting
- Run the cash flow forecast and payment calendar: taxes, payroll, suppliers and repatriation deadlines
- Build VAT, the VAT threshold, corporate income tax and withholding tax into the forecast
- Prepare monthly or quarterly reports for the owner, investors and the bank
- Build a financial model for a funding round, a loan or a new market
- Consolidate reporting across a group of legal entities and currencies
Key documents
- Financial statements and tax returns for recent periods
- Bank statements for all accounts
- Current contracts with customers, suppliers and non-residents
- Staff list and payroll budget
- Plans for growth, hiring and fundraising
How it works
- Briefturnover, legal entities, accounts, who keeps the books and which decisions need numbers
- Diagnosticsaccounting, contracts, taxes and cash movements over recent months; where the numbers differ from reality
- Reporting formatmanagement chart of accounts, report templates and a month-end close calendar
- Budget and payment calendarthe first budget and cash flow forecast, plan-vs-actual from the first closed month
- Ongoing workmonthly reports, owner meetings, forecast updates, investor and bank reports
Timeline
Work starts with a brief and diagnostics; plan-vs-actual reporting begins from the first closed month.
Timelines are approximate: government agencies, consulates and banks set them.
What to watch out for
- Management figures are only as accurate as the accounting data is timely, so the month-end close schedule is agreed from day one
- Withholding tax paid at the company's own expense removes the right to a reduced treaty rate, which needs to be reflected in contracts
- Crossing the VAT threshold unnoticed leads to a fine and frozen accounts
- A CFO doesn't replace an accountant: tax reporting stays with bookkeeping
FAQ
How much does it cost?
Our service fee is on request. Government fees, translations, insurance and other mandatory costs are paid separately; we send the full estimate before you sign.
What does an outsourced CFO in Kazakhstan do?
Runs management accounting, the budget and the cash flow forecast, and prepares reports for the owner, investors and the bank. The CFO works part-time, without being hired onto your staff, and meets the owner on an agreed schedule to review the figures and the decisions they point to.
How is a CFO different from an accountant?
An accountant keeps the books and files tax returns for past periods. A CFO is responsible for the forecast: whether there will be enough cash, where the margin is, and which taxes and payments are coming up. Both roles are needed, and they work from the same data.
When does a small business need a CFO?
When turnover approaches the VAT threshold, investors or a loan appear, the number of legal entities or currencies grows, and nobody keeps a cash forecast beyond the current month. At that point decisions start to depend on numbers that nobody is producing.
Can we keep our own accountant?
Yes. We agree with your accountant on the month-end close timetable and data format. If bookkeeping is done by us as well, the reports reconcile without manual checks, and one team is responsible for both the accounting and the management figures.
Do you prepare investor reports?
Yes: monthly or quarterly reports with P&L, cash flow, metrics and commentary, as well as financial documents for due diligence and a financial model for a funding round. The format is agreed with you so that investors get the same structure every period.
What is financial consulting?
One-off finance projects: diagnostics, a financial model, a budget, or preparation for a loan or a funding round. For regular, month-to-month work, ongoing support from an outsourced CFO is usually more convenient.
Do you guarantee the result?
No. Decisions are made by government agencies, consulates and banks. We are responsible for preparing and checking documents, filing and support, and we tell you about the risks upfront.
Related programs
Let’s discuss your case
We will check whether the program fits your citizenship, income and family, and send an estimate with the full list of costs.
