Before 1 June 2014, the Parliament of Kazakhstan will be presented a bill to improve the investment climate Kazakhstan Today.
"Before 1 June 1 2014, the Parliament of Kazakhstan will be introduced a bill to improve the investment climate", Yerbolat Dossaev, the Minister of Economy and Budget Planning, said at the briefing in Astana.
According to the information presented by the minister, the bill provides for, firstly, a new format of investment contracts with investors with the following measures of state support: payment up to 30 % of investment cost to the state after commissioning; exemption from CIT; a long-term order for goods and services investors by national holdings, national companies and government agencies.
Secondly, the bill provides for the principle of "stability "of the legislation for 10 years in tax and environmental sectors, as well as the projected long-term rates , he said.
"Thirdly, the implementation of the "one-stop shop" principle for investors on the basis of the Investment Committee MINT, introduction of investment ombudsman institute", Ye. Dossaev said.
Name of “MinTax” used in this proposal, depending on the context, can refer to MinTax LLP or MinTax Audit LLP and to its structural subdivisions as well. MinTax LLP and MinTax Audit LLP are included into MinTax Group acting on the basis of the Partnership Agreement, and are considered to be separate and independent legal entities founded under the Republic of Kazakhstan legislation, and they are responsible for all rights and obligations only on their behalf. The Companies which are included in MinTax Group are not responsible for any actions or omissions of each other
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