Preferences

*for goods fully consumed during realization of activities corresponding to purposes of creation of the SEZ and included in the list of goods established by the government of Kazakhstan

In order to enjoy the incentives available in SEZs, your legal entity shall meet the following requirements:

• It must be registered by the tax authorities in the territories of SEZs.

• It must have no structural subdivisions beyond the boundaries of the territories of the SEZs.

• 90% of aggregate annual income must be constituted by income earned from activities in the SEZ consistent with the objectives of the SEZ’s formation.

Achievements overview

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A few statistics and rankings about Kazakhstan

General investment preferences

According to the Entrepreneurial Code of the Republic of Kazakhstan an investor can get:

1. Incentives for projects (including priority investment projects):

• Exemption from customs duties on the import of equipment, its components and spare parts, raw materials and supplies.

• Kind grants of not more than 30% of the total investment in fixed assets (land plots, buildings, machinery and equipment, computer equipment, measuring and control devices and equipment, vehicles, production and farm (agricultural implements).

2. Incentives for priority investment projects*

• Tax exemptions: Corporate income tax – 0% for 10 years, Land-tax – 0% for 10 years, Property tax – 0%for 8 years.

• Investment subsidies up to 30% for construction and installation works and procurement of equipment after commissioning.

• Guarantee of stability of the legislation (tax legislation and in the sphere of attraction foreign labor)

• State support of investments by authorized body established by the Government of the Republic of Kazakhstan, which interacts with investors on the principle of “one stop shop”.

• Assistance to investors in providing the guaranteed order from the interested legal entities according to the investment contract signed between the authorized body and the investor.

*Criteria for priority investment projects:

• matching the List of Priority Activities (approved by the Government)

• newly created juridical person shall totalize investments of more than 2 million MCI (MCI is a monthly index approved by the Law on the national budget)

Entrepreneurial Code of the Republic of Kazakhstan also provides the Institute of "Investment Ombudsman" that:

• considers appeals of investors on issues arising during the implementation of investment activity in the Republic of Kazakhstan, and make recommendations to resolve them, including interacting with public authorities;

• assists investors in emerging issues in court and pre-trial procedures;

• formulates and submits recommendations on improvement of legislation of the Republic of Kazakhstan to the Government of the Republic of Kazakhstan.

• more information on: www.ombudsmanbiz.kz/eng/

On all matters related to the provision of investment preferences, please contact the Committee on Investments of the Ministry of Investment and Development of the Republic of Kazakhstan: www.invest.mid.gov.kz/

You can also use the Kaznex Invest preferences calculator to get a first idea of the preferences you can expect: www.invest.gov.kz/pages/calculator

Support for Small and Medium Enterprises (SME)

Under the “Road Map for Business 2020”, small and medium-sized enterprises can be provided with the following types of state support:

• Subsidized interest on loans;

• Loan guarantees;

• Assistance in developing production (industrial) infrastructure;

• Services to support businesses (consulting, legal, accounting, etc.);

• Training of personnel.

To receive this kind of support you shall apply to the concerned authorities: the governor’s office of the region or the mayor’s office of a city of national significance.

We suggest you to get advice of the Small and medium enterprises development association “KAZadvancement”: www.kazadvancement.kz/

Institutional and Financial Support

• “Samruk-Kazyna” National Welfare Fund JSC: www.sk.kz/?lang=en

• National managing holding “Baiterek” JSC: www.baiterek.gov.kz/en/

  and its subsidiaries:

  • “Development Bank of Kazakhstan” JSC: www.dbk.kz/en/

  • “Kazakhstan Investment Fund” JSC: www.ifk.kz/en

  • “National Agency for Technological Development” JSC: www.natd.gov.kz/en/

  • JSC “Damu” Entrepreneurship development Fund: www.damu.kz/en

  • "Kazyna Capital Management" JSC: www.kcm-kazyna.kz/en/

  • "KazExportGarant" Export-credit insurance corporation" JSC: www.kecic.kz/en/

• "Kazakhstan Industry Development Institute" JSC: www.kidi.gov.kz/

• “KazAgro” National management holding” JSC: www.kazagro.kz/

• JSC "National Agency for the Development of Local Content “NADLoC”: www.nadloc.kz/ru/