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Kazakhstan Issues Notice on Investment Incentives for Specified Industries

|Approved Changes|Kazakhstan
Kazakhstan

On 5 February 2016, the Kazakhstan government issued a notice on tax incentives for investments in specified industries. According to the notice, both domestic and foreign companies will be eligible for a 10-year exemption from corporate income tax and land tax and an 8-year exemption from property tax if investing at least 2 million monthly calculation indexes (MCI) in the following industries:

  • Metallurgy;
  • Chemicals;
  • Petrochemicals;
  • Mechanical engineering;
  • Building materials production; …

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