FAQ

According to chapter 1 of paragraph 3 in the Decree of the Government of the Republic of Kazakhstan “On the establishment of a special economic zone «TURAN», dated October 29, 2018 No. 693.

Organizations that have an investment project corresponding to the priority activities of the «TURAN» SEZ can act as participants:

- construction and commissioning of places of accommodation for tourists, sanatorium and recreational facilities, subject to the following conditions: facilities under construction and commissioning are not related to the gambling business; construction and commissioning are carried out in accordance with the design and estimate documentation;

- construction and commissioning of infrastructure facilities, administrative and residential complexes in accordance with the design and estimate documentation;

- construction and commissioning of hospitals, clinics, schools, kindergartens, museums, theaters, higher and secondary educational institutions, libraries, schoolchildren's palaces, sports complexes in accordance with design estimates;

- construction and commissioning of production and processing facilities in accordance with design estimates;

- production of building materials;

- production of other non-metallic mineral products;

- production of finished metal products;

- construction and commissioning of the international airport of the city of Turkestan, including the airfield, air terminal and runways in accordance with the design and estimate documentation;

- management of airports and air traffic; activities of terminals, airports; ground handling activities at aerodromes.

According to paragraph 3 of Article 18 of Chapter 3 of the Law of the Republic of Kazakhstan «On Special Economic and Industrial Zones» dated April 3, 2019 No. 242-VІ ZRK, the following documents on paper and (or) electronic carriers:

- application form and application of the applicant;

- certificate of state registration (re-registration) of a legal entity;

- a copy of the identity document of the applicant;

- a copy of the charter of the legal entity;

- a copy of the decision of the supreme body of the legal entity on the implementation of activities in the territory of the special economic zone;

- a copy of the financial statements as of the last reporting date, signed by the first head of the applicant or the person replacing him, as well as the chief accountant (accountant);

- feasibility study of the project that meets the requirements established by the authorized body.

- an extract from the servicing bank on the movement of money in the bank accounts of the applicant and a credit report from the credit bureau;

- certificate of the state revenue authority at the place of registration on the presence or absence of debts on mandatory payments.

In accordance with paragraphs 8 and 10 of Article 18 of Chapter 3 of the Law of the Republic of Kazakhstan «On Special Economic and Industrial Zones» dated April 3, 2019 No. 242-VІ LRK.

After the submission of documents in electronic and paper form, they are considered within 10 working days. After signing the agreement on the implementation of activities as a participant in the SEZ, the participant can receive a certificate within 5 working days.

In order to create favorable investment conditions on the territory of the special economic zone «TURAN» investment benefits are provided, including:

- customs privileges (According to paragraph 1 of Article 281 of Chapter 29 «On Customs Regulation in the Republic of Kazakhstan» of the Code of the Republic of Kazakhstan dated December 26, 2017 No. 123-VI ZRK.);

- exemption from corporate income tax (CIT) (in accordance with paragraph 4 of article 709 of chapter 79 «On taxes and other obligatory to the budget» of the Code of the Republic of Kazakhstan dated December 25, 2017 No. 120-VI ZRK.);

- exemption from land tax (in accordance with paragraph 1 of article 709 of chapter 79 «On taxes and other mandatory to the budget» of the Code of the Republic of Kazakhstan dated December 25, 2017 No. 120-VI ZRK.);

- exemption from property tax (in accordance with paragraph 1 of article 709 of chapter 79 «On taxes and other mandatory to the budget» of the Code of the Republic of Kazakhstan dated December 25, 2017 No. 120-VI ZRK.);

- Exemption from value-added tax (VAT) for the sale to the territory of the SEZ of goods that are completely consumed in the production process (in accordance with paragraph 1 of Article 389 of Chapter 44 «On taxes and other obligatory to the budget» of the Code of the Republic of Kazakhstan dated December 25, 2017 No. 120-VI ZRK.).

Participants implementing projects on the territory of the administrative and business center and the historical center, in the period before the commissioning of the facility for the implementation of the project, are exempt from these taxes and are provided free of charge a land plot (According to subparagraph 1) of paragraph 3 of Article 17 of the Law of the Republic of Kazakhstan «On special economic and industrial zones» dated April 3, 2019 No. 242-VІ ZRK).

Participants of the production zone have the right to use the land until the expiration of the FEZ 2043, as well as tax and customs benefits.

On the territory of the SEZ, a Greenfield production zone with an area of 365 hectares for large enterprises and a Brownfield production zone with an area of 35 hectares for small and medium-sized businesses have been created.

The production zone with a total area of 365 hectares is located near the village of Orangay. Within the framework of the Comprehensive Development Plan of the Turkestan region, funds are allocated from the republican and local budgets for bringing infrastructure to the industrial zone of the «TURAN» SEZ.

The production area with a total area of 35 hectares is located in the city of Kentau, on the territory of Excavator JSC. Since the Excavator JSC plant was built in 1958, TURAN SEZ Managing Company JSC with Excavator JSC created a joint venture SEZ TURKISTAN-KENTAU LLP in order to restore the infrastructure and production facilities of the plant.

The production zone of the SEZ, located in Kentau, belongs to the «Brownfield» class, i.e., there are industrial sites ready for operation and the necessary infrastructure (water supply, electricity, heating, sewerage) on the territory.

The total area of transferred buildings in the region is 75,558 square meters. m, including 21 shop places, 5 warehouses, a depot, a pumping station.

Along with the above favorable conditions, the availability of railways and utilities provides an opportunity to work in a special legal regime with all tax and customs benefits for SEZ participants.