TKEG Expat ™ Business Guide

Republic of Kazakhstan

Corporate Services in Kazakhstan
Foreign Tax Relief

Allowing taxpayers to offset the income tax paid abroad against the income tax payable in Kazakhstan, but in certain cases (e.g. payments to countries enjoying privileged tax treatment) may not be allowed to offset.

Investment Incentives

For legal entities in Kazakhstan that meet specific conditions, companies are allowed to fully deduct the cost of investment objects and their reconstruction and modernization costs. Investment projects can enjoy exemptions from customs duties and import value-added tax, state material assistance, and priority investment projects can also receive tax incentives and investment subsidies.

Special Economic Zones (SEZs)

SEZs established in Kazakhstan provide incentives for legal entities registered in SEZs, such as 100% exemption from corporate income tax, and a 0% VAT rate. Companies within SEZs can enjoy tax benefits for 7 to 25 years.

Tax Legislation Stability

Introducing new mechanisms to allow the signing of investment agreements with individual provisions, ensuring the stability of tax legislation for 10 years after the signing of the investment agreement, and providing financial incentives for oil and gas projects. In addition, the new tax law provides for a three-year tax exemption for new manufacturing projects and implements a taxpayer-centric service model, reducing tax reporting by 30% and tax payments by 20%.

Astana International Financial Centre (AIFC)

Aims to create favorable investment and financial conditions, develop a securities market integrated with international capital markets, and develop insurance, banking, and Islamic finance markets. AIFC provides a special legal regime based on English law principles, independent financial regulation compliant with international standards, and a 50-year tax incentive period.

Administrative Regions

AKM - Akmola Region
AKT - Aktobe Region
ALA - Almaty
ALM - Almaty Region
AST - Nur-Sultan
ATY - Atyrau Region
BAY - Baikonur
KAR - Karaganda Region
KUS - Kostanay Region
KZY - Kyzylorda Region
MAN - Mangystau Region
PAV - Pavlodar Region
SEV - North Kazakhstan Region
VOS - East Kazakhstan Region
YUZ - Turkestan Region
ZAP - West Kazakhstan Province
ZHA - Jambyl Region

Belonging Jurisdiction

Republic of Kazakhstan
KZ - Kazakhstan
Republic of Kazakhstan
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Earth
WORLD - Global
Earth
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Eurasian Economic Union
EEU - Eurasian Economic Union
Eurasian Economic Union
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