OrbitaxKazakhstan Issues Notice on Investment Incentives for Specified Industries
|Approved Changes|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; …