It is proposed to exempt SMEs from taxes for two years in Kazakhstan
This amendment provides improvement of tax policy, contributing to the simplification of doing business and attracting investment in Kazakhstan.
Entrepreneurs will save about 40 billion tenge with a retail tax of 3%.
The new tax will be especially beneficial in industries where the main cost is the labor fund.
It is noted that if the VAT threshold is raised, the new tax will not be paid.
According to the Ministry of National Economy of the Republic of Kazakhstan, the special regime will affect 4 thousand SMEs, which can save about 40 billion tenge.
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