From 2026 an investor concludes one of three types of contract with the authorised investment body. The “investment agreement” provides a one hundred per cent reduction of assessed corporate income tax, a zero rate of land tax and property tax, state in-kind grants and the right to engage foreign labour — for up to ten years depending on the scale of the project. The “investment obligations agreement” is for large projects and provides a guarantee of the stability of tax legislation for ten years. The “simplified investment contract” is a lighter format: in-kind grants and exemption from customs duties on imported process equipment, without corporate income tax benefits.
The status of a special economic zone participant is an alternative and more automatic route: the benefits are set out directly in the Tax Code and apply for the whole time the company is on the register of participants, without individual negotiation. But they apply only to activity carried on physically within the zone and within the priority activities defined for that particular zone.
Rule: Entrepreneurial Code of the Republic of Kazakhstan, articles 283-1 – 283-5; Tax Code of the Republic of Kazakhstan, article 735