Investment preferences

INVESTMENT PREFERENCES

I. Pursuant to the laws of the Republic of Kazakhstan investment preferences are targeted benefits granted under the laws of the Republic of Kazakhstan to:

1) Legal entities which are implementing investment projects;

2) Legal entities - leasing companies that import technological equipment under the financial leasing agreement in frames of an investment project.

Legal entity of the Republic of Kazakhstan shall mean a legal entity, also an entity with foreign shareholding, organized under the laws of the Republic of Kazakhstan.

II.The following investment preferences shall be granted under the investment project:

1) Exemption from customs duties and exemption of import from VAT;

2) State in-kind grants- maximum size is thirty (30) per cent of total volume of investments into the fixed assets of a legal entity of the Republic of Kazakhstan (land plots, buildings, erections, machinery and equipment, computing equipment, measurement and control devices and appliances, transport means (except for cards), production and organization stock).

III.The following investment preferences shall be granted under the investment priority project:

1)Tax incentives:

a.Reduction of corporate income tax by 100%;

b.Land tax at zero (0) rate;

c.Property tax at zero (0) rate.

2) Investment subsidy;

3) Exemption from investment customs duties;

4) State in-kind grants.

IV. The tax incentives are granted under the investment strategic project.

V. Exemption from the import customs duties shall granted under investment strategic project.

*Investment priority project criteria:

-Compliance with the list of business activities;

-Newly organized legal entity and investments amount not less than 2 mln. Monthly calculation index, as provided in the republic budget established annualy

You can get more information on investment preferences in Investment Support Service at +7 7172 620 665.