ASTANA — CITY OF INVESTMENT
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Stage 1:
  1. Preliminary application (according to Appendix 1);
  2. Project passport (according to Appendix 2);
  3. The layout of the land plot (if available);
  4. Confirmation of financial security in the amount of 10% of the project cost (STB account statement/ bank guarantee/loan agreement or guarantee agreement confirming the availability of funds from the guarantor)


Stage 2:

  1. A copy of the letter to the Akimat (according to the Appendix).
  2. Investment project passport
  3. The business plan of the investment project in accordance with the requirements approved by the Order No. 1133 of the Minister of Investment and Development of the Republic of Kazakhstan dated November 30, 2015 with the development of a financial model;
  4. Certificate of state registration (re-registration) of a legal entity-investor;
  5. A copy of the charter of the legal entity-investor;
  6. Certificate of absence (presence) of the applicant’s debt on taxes and other mandatory payments of the legal entity-investor;
  7. A document confirming the availability of funds or a document establishing the sources of financing for an investment project, in the amount of 100% of the cost of the investment project being implemented (STB account statement/bank guarantee/loan agreement or guarantee agreement confirming the availability of funds from the guarantor).

Service provision period: from the moment of submission of the package of documents – 27 working days

According to Article 288 of the Entrepreneurial Code of the Republic of Kazakhstan:

State in-kind grants are assessed at their market value in accordance with the procedure established by the legislation of the Republic of Kazakhstan.

The maximum amount of the state in-kind grant is not more than thirty percent of the volume of investments in fixed assets of a legal entity of the Republic of Kazakhstan.

The conclusion of an investment contract for the implementation of an investment project providing for the implementation of investments and the provision of investment preferences is a free service provided electronically on the e-government portal www.egov.kz, from where the system automatically redirects to the "electronic licensing" portal (www.elicense.kz).

The basis for the gratuitous transfer of the provided state in-kind grant to ownership or land use is the decision of the authorized investment authority, which is taken no later than three months from the date of receipt of the audit report providing for the fulfillment by the investor of investment obligations in accordance with the investment contract concluded between the investor and the authorized investment authority.

According to Article 294 of the Entrepreneurial Code of the Republic of Kazakhstan:

The term of the investment contract is determined by the term of the investment preferences. The completion date for the work program must end no later than nine months before the expiration of the investment contract.

As part of the conclusion of the Investment Project, the following preferences are envisaged:

  1. Exemption from customs duties and VAT on imports of raw materials;

  2. State in-kind grants.

 

As part of the conclusion of a Priority Investment Project, the following preferences are envisaged:

  1. Exemption from customs duties;

  2. State in-kind grants.

  3. Exemption from taxation – CIT, property tax and land tax.

State in-kind grants are land plots provided on the basis of temporary free land use rights to a legal entity of the Republic of Kazakhstan for the implementation of an investment project with subsequent free transfer of ownership or land use in the manner established by the Land Code of the Republic of Kazakhstan and the legislation of the Republic of Kazakhstan in the field of investment.

The decision of the local executive body of the region, the city of republican significance, the capital, the district, the city of regional significance on the provision of land as an in-kind grant is made within its competence to provide land based on the decision of the authorized investment authority.

The list of priority activities for the implementation of investment projects was approved by Resolution No. 13 of the Government of the Republic of Kazakhstan dated January 14, 2016. https://adilet.zan.kz/rus/docs/P1600000013

The investment contract is concluded between the Investor and the Republican State Institution "Investment Committee of the Ministry of Foreign Affairs of the Republic of Kazakhstan"

AstanaInvset is a quasi–governmental enterprise designated by the management company of the Special economic zones "Astana – New City" and "Astana-Technopolis" in Astana, as well as a regional organization in the field of attracting investments and supporting investors in Astana, is a leading enterprise in the innovative development of Astana by attracting investments and using existing and attracted advanced technologies, creating modern infrastructure that promotes the creation of competitive industries in priority sectors of the economy.