Kazakhstan introduces new tax incentives for foreign investors

Kazakhstan introduces new tax incentives for foreign investors

A new law aimed at considerable improvements to Kazakhstan’s investment climate introduces new tax incentives for foreign investors. The law came into force on 24 June 2014 and will apply as from 1 January 2015. 


The list of types of priority activities will be published by the end of August 2014.

The new law announced tax preferences for investors involved in “priority investment projects”.

The tax preferences will be available to newly established companies only that engage in priority activities and that commit to a minimum investment of USD 20 million in Kazakhstan.

An investment contract concluded between the investor and the government of Kazakhstan shall be necessary for obtaining tax incentives from a relevant priority investment project.


The following tax incentives will be available to the eligible investors that realize at least 90% of their annual income from a relevant priority investment project: 

A corporate income tax exemption for a period of up to 10 years;

A zero rate of land tax for land used for the project for a period of up to 10 years;

A zero rate of property tax for up to 8 years in relation to fixed assets (which are subject to property tax) that have been used for the first time in relation to the project.  

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