Tax preferenses
| SEZ territory |
Republic of Kazakhstan territory |
|
| Corporate Income Tax |
0% |
20% |
| VAT |
0% |
12% |
| Property Tax |
0% |
1,5% |
| Land Tax | 0% | from 11,2 $/hectare |
The order of return of the VAT on the turns assessed under the zero rate
(Tax Code, article 224-1 part 2)
Return of excess of the tax sum, delivering in set-off, above the sum of the added tax on turns on goods realization on territory of “Ontustyk” SEZ , consuming in process of construction is made under the application of taxpayer during 60 working days regarding goods actually consumed during construction in the presence of corresponding confirmation of tax body in the territory of SEZ. The basis of confirmation is the document on use during the object construction of administrative and industrial purpose of the imported goods given out by the executive body (Directorate) created in the territory of “Ontustyk” SEZ.
The basis for application of the zero rate under the VAT are
(Tax Code, article 224-1 part 3)
1)Contract on delivery of goods with organizations carrying out object construction in the territory of “Ontustyk” SEZ;
2) Copies of State Tax Declaration with marks of customs body that has carried out the output of the goods in a customs regime of free customs zone;
3) Copies of documents on the goods confirming the shipment of the goods to the organizations that are carrying out object construction in the territory of “Ontustyk” SEZ;
4) Copies of documents confirming reception of the goods by the organizations that are carrying out the object construction in the territory of “Ontustyk” SEZ
The taxation of the taxpayers who are realizing activity in territory of SEZ “Ontustyk”
Organizations realizing the activity in the territory of “Ontustyk” SEZ are the legal persons corresponding the following conditions
(Tax Code, article 140-1):
- Registered in tax body in the territory of SEZ;
- Have no structural subdivisions outside the territory of SEZ;
- Not less than 90 % of total return make the income got from the goods realization of own production (works, services) the following kinds of activity corresponding the purpose of creation of SEZ: production of ready-to-use textile goods, except the clothes; production of knitted goods; production of clothes of textile material . The list of the kinds of goods (works, services) are determined by the Government Decree of the Republic of Kazakhstan from 13th April 2006, #279.