KAZAKH INVEST

Certain categories of foreign nationals and stateless persons (a list of such categories is determined by the laws of the Republic of Kazakhstan), are exempt from the requirement to have a work permit in Kazakhstan.  

Maksat Kabashev was appointed as the new Chairman of Kazakh Invest on March 31, 2017.  

State in-kind grants- maximum size is 30% 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, production and organization stock).

Citizens of over 60 countries can enter Kazakhstan VISA-FREE and holders of UN passports.

Kazakhstan signed 46 bilateral and 1 multilateral agreements ‘‘On encouragement and mutual protection of investments.’’ These documents create a favorable legal environment for the promotion and protection of Kazakh investments abroad and foreign investments in Kazakhstan, contribute to improve investment climate and further development of mutually beneficial trade and economic cooperation between countries.

Legislation guarantees  non-expropriation, currency convertibility, legal stability, transparent government procurement, and incentives for priority sectors.

Kazakhstan's economy specializes on machinery-intensive industries. Agruculture, mining, oil and gas, electercity and construction account for over 25% of GDP.      

The following investment preferences shall be granted under the investment priority project: Tax incentives: Reduction of corporate income tax by 100: Land tax at 0 rate: Property tax at  0 rate. Investment subsidy: Exemption from investment customs duties. State in-kind grants.

KAZAKH INVEST is a National Company  authorized to implement measures of state support for Industrial and Innovative activities in attracting investment to the economy  of Kazakhstan, as well as export development and promotion. It has a wide network of its representatives abroad. Kazakh Invest provides a full range of services to support investment projects from idea to implementation on the principle of "one-stop shop" and acts as Unified Coordination Center for Special Economic Zones  of Kazakhstan.