- corporate income tax
- land tax
- customs duties
- value added tax on import products
- property tax
Why Kazakhstan
Favourable Investment Climate
Kazakhstan is #25 in the World Bank’s Ease of Doing Business ranking 2019:
#1
for protecting minority investors
#4
for enforcing contracts
#18
for registering property
#36
for dealing with construction permits
#37
for starting a business
Total Tax and Contribution Rate (% of profit)
Kazakhstan
29.4%
Russia
46.3%
Uzbekistan
48.17%
China
64.9%
Simplified procedures for setting up a business
1 day
to register business
3 days
to register property
100 days
to receive all the construction permits
Favourable tax regime
For paying taxes in World’s Bank Doing Business ranking 2019
- Hong Kong
- Singapore
- Australia
- Germany
- Kazakhstan
- Poland
- Turkey
- Israel
- Japan
- Italy
- 1
- 8
- 26
- 43
- 56
- 69
- 80
- 90
- 97
- 118
Access to Markets
- A member of the WTO
- A member of the EAEU with the preferential access to a common market with more than 180 million consumers
- A gateway to the neighbouring markets with over 500 million consumers
150 million
Caspian Sea Countries
50 million
Central Asian markets
300 million
Western China
Vast natural resources
Kazakhstan has a wealth of natural reserves
World’s leader in production of uranium
2-nd in explored reserves of chromium, lead and zinc
3-rd in explored reserves of manganese
5-th in explored reserves of copper
Top 10 in explored reserves of coal, iron and gold
Robust transport and communication infrastructure
Transport
Kazakhstan has 24 Airports (72 air corridors). The capital - Nur-Sultan - hosts
126 international
and 289 domestic flights to the international financial centres, such as Frankfurt, London, Dubai, Hong Kong and Seoul. Direct flights to over 55 international destinations depart from Almaty International Airport weekly.
Kazakhstan accounts for 70% of transit traffic passing between China and Europe as well as in other directions. Kazakhstan’s land transportation system enables transits from the southeastern provinces of China to Europe in a maximum of 15 days (3 times faster than sea transits).
Time-efficient cargo transportation
Western Europe - Western China Transcontinental Auto Expressway allows products to be shipped between China and Europe in just 10 days.
Sea Ports Aktau and Kuryk with a combined capacity of 20 million tonnes. Developed Sea Port infrastructure
in other countries include Batumi (Georgia) and logistics terminal in the Pacific port of Lianyungang (China).
Telecommunications
Kazakhstan boasts the most advanced telecommunications infrastructure in Central Asia
Region’s highest internet penetration rate of 77% and extensive 4G network
Human Capital
31st on the World’s Bank Human Capital
Development Index
The highest literacy rate
in the region - 100%
Highly-skilled, cost effective workforce
Average monthly wages:
$416 Kazakhstan,
$549 Russia,
$701 China
Visa-free regime for the citizens
of more than 65 countries including
all OECD members
128 higher education institutions,
8 of them are listed in the world’s best universities “QS Stars Development Road map” ranking 2018
BOLASHAK International Scholarship:
Over 10 thousand specialists have been trained
in the world’s top 100 universities
Government Incentives and Support
12 Special Economic Zones
0%
22 Industrial Zones
0%
- Access to established infrastructure and digital networks
- Options for long-term leases and repayment schedules based on cadastral land value
- No sectoral restrictions
- Opportunity to conclude Investment contract with the Government
Investment Contract offers the following incentives:
- In-kind state grants (land plots, buildings, equipment, etc.)
- Exemption from customs duties and value added tax on import products
- Exemption from taxes
- Investment subsidies
Priority Sectors of the Economy
Machinery
Energy
Transport and Logistics
Mining and Metallurgy
Agriculture and food industry
Tourism
Chemistry and Petro-chemistry
Astana International Financial Centre
Capital markets
Asset management
Private banking
Islamic finance
Financial technology
Green finance
Advantages of AIFC
- AIFC offers special tax, visa and employment regimes
- English is the official language at the AIFC
- AIFC Court and International Arbitration Center (separate and independent from the Republic of Kazakhstan judicial system) provide a common law court system and operate to the highest international standards