VAT offset (70%) is provided for new manufacturing companies, VAT exemption is extended to imports in the “Qyzyljar” special economic zone

An additional VAT offset (70%) is provided for new manufacturing companies engaged in the sale of goods resulting from the implementation of activities for the production of products in the manufacturing industry (excluding the metallurgical industry), which is meant to stimulate the creation of new industries and increase investment in the manufacturing industry (applies from 1 July 2021);
VAT exemption is extended to imports in the “Qyzyljar” special economic zone of raw materials, parts, and components for vehicles and (or) agricultural machinery within the framework of a special investment contract (applies from 5 July 2021);

Exemption