Kazakhstan has a growing economy focused on mining and oil/gas extraction. GDP grew 7% in 2010 to $169 billion, though per capita income remains modest at $10,820. Major exports are oil, grains, and metals. The government is pursuing economic diversification and development through investment incentives including reduced taxes in special economic zones. Business opportunities exist in mining, agriculture, manufacturing, real estate and infrastructure projects.

1. Linkage & Mind
Kazakhstan Law Firm
Investment
Climate
in Kazakhstan
KazCham
Chicago, July 2011

3. 9 largest country
Doing business 3%
59 of 183 minerals
$169 bln $10,820 per $5,021 per
GDP capita capita FDI

4. GDP
GROWTH
7% in
2010

7. 2010
Export - Import -
$43,2 bln $28,4bln
Export of Oil- Import:
$30 bln $5,4 bln – machinery
$4.5 bln – steel articles
$2.8 bln - fuel

8. State support – $2.6 bln by 2014
Grain – 13 mln tons(2010)
Internal market – $2.5 bln
KazAgro

9. 13 of 70 Mining countries
Zinc, Aluminum, Potassium, Copper
Importers: China & South-East Asia
Tau Ken Samruk

10. 60 power stations
85.5% coal
8.9% hydro
5.2% gas
0.4% renewal (up to 4%)
KEGOK

11. Basis of the Economy
5.3 mln tonn in 1Q2010
Kashagan, Tengiz
KazMunaiGas

12. 130 residential projects
$1.4 bln State support
232 Licenses repelled
Basis-A, Capital Partners, KazStroy
Agency for Construction

13. 80% State owned
1,204 Hospitals & 3,463 Outpatient
rooms
$400 - 700 mln Drug market
100 Foreign companies’ ranches
Ministry of Public Health

14. $500 Average salary of a person
45% Consumption - Almaty
Gros, Ramstore, Silk Way City,
Interfood, Skif Sauda, SM market
Chamber of Commerce, Atameken

17. Authorized representative
Electronic declaration
Special declaration

19. 20% - Corporate income tax (15%-2014)
12% - Value Added Tax (VAT)
Excise tax
Subsoil use taxes
Individual income tax – 10%
Social tax – 11%
Other
Russia: CIT 20%,
VAT 18%
Belarus: CIT 24%,
VAT 20%

20. No
permanent
establishment
in KZ
KZ-USA
Double tax
treaty
(Art. 6) Taxes
only in
USA

22. Burabay
Astana – New City
(construction materials,
business)
Atyrau Burabay
(tourism
Petrochemical Park cluster)
(petrochemical industry)
Marine port Aktau
(naval transportation,
marine freight) Ontustyk IT-Park ‘Alatau’
(textile (hi-tech, software)
industry,
agriculture)
SEZ companies are exempt from corporate, land and
property & value-added taxes.

24. Ministry of
Investment Fund
Industry & New of Kazakhstan
Technology – www.ifk.kz
www.mit.kz
Development National Export and
Bank of Investment Agency
Kazakhstan ‘KAZNEX INVEST’
www.kdb.kz www.kaznex.kz
Samruk-Kazyna
National National Welfare Fund SME Development
Innovation www.samruk-kazyna.kz Fund ‘DAMU’
Fund www.damu.kz
www.nif.kz
‘KazAgro’ Investment Portal
National Holding ‘Kazinvest’
(www. nhkazagro.kz) www.kazinvest.kz

25. Yuliya Daurova, LLM
Executive Director
Kazakhstan Chamber of Commerce
in the USA (KazCham)
www.kazcham.com
Partner
Linkage & Mind
Kazakhstan Law Firm
369 Lexington Ave, 2nd fl
New York, NY, USA 10017
T + 1 (646) 461 8105
F + 1 (508) 448 8105
yuliya.daurova@linkagemind.com
www.linkagemind.com
*not admitted in the USA

26. http://en.wikipedia.org/wiki/File:Astana_centr.JPG
http://en.wikipedia.org/wiki/File:KazMunayGaz.JPG
http://www.flickr.com/photos/bilodeau/16641609/sizes/o/in/photostream/
http://www.flickr.com/photos/37388341@N00/2849099440/sizes/z/in/photostream
http://www.flickr.com/photos/eyrephotographyaustralia/5838001644/sizes/l/in/pho
tostream
http://www.flickr.com/photos/hellsbells75/5578913309/sizes/z/in/photostream/
http://www.flickr.com/photos/quarenta/2876309035/sizes/z/in/photostream/
http://www.flickr.com/photos/ddaybuff/5374096713/sizes/l/in/photostream/
http://www.flickr.com/photos/97867906@N00/4772117172/sizes/l/in/photostream
http://www.flickr.com/photos/25653307@N03/5575907006/sizes/z/in/photostream
http://www.flickr.com/photos/afagen/4938109556/sizes/z/in/photostream/
http://www.flickr.com/photos/concholakeaz/4304748714/sizes/m/in/photostream/
http://www.flickr.com/photos/wheatfields/4525910430/sizes/z/in/photostream/