Republic of Kazakhstan
Capital: Astana HDI: 0.788 (50th)
Language: Kazakh, Russian
GDP (PPP): 420.629 billion
Currency: Tenge
Population: 17.04 million
Kazakhstan, a Central Asian country and former Soviet republic, extends from the Caspian Sea in the west to the Altai Mountains at its eastern border with China and Russia. Its largest metropolis, Almaty, is a long-standing trading hub whose landmarks include Ascension Cathedral, a tsarist-era Russian Orthodox church, and the Central State Museum of Kazakhstan, displaying thousands of Kazak artifacts.
RESEARCH
Economic Overview
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Kazakhstan Overview – World Bank
http://www.worldbank.org/en/country/kazakhstan/overview
Kazakhstan is an upper-middle-income country with per capita GDP of nearly US$13 thousand in 2013. Kazakhstan’s real GDP growth slowed from 6 percent in 2013 to 3.9 percent during the first half of 2014, due to internal capacity constraints in the oil industry, less favorable terms of trade, and an economic slowdown in Russia.
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Kazakhstan Economy: Population, GDP, Inflation, Business
http://www.heritage.org/index/country/kazakhstan
Kazakhstan’s economic freedom score is 63.3, making its economy the 69th freest in the 2015 Index. Its score has decreased by 0.4 point since last year
Industry Trends & Business Climate
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Kazakhstan | Economic Indicators
http://www.tradingeconomics.com/kazakhstan/indicators
Tables of economic indicators for Kazakhstan.
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Kazakhstan | Corporate Compliance Trends
http://cctrends.cipe.org/attracting-foreign-investment-in-kazakhstan-through-anti-corruption-reforms/#more-2895
All the same, faced with the economy in crisis, Kazakhstan is choosing to open up to the international business community as never before. To do this successfully, Kazakhstan must offer potential investors transparency, rule of law, and a fair way to settle business related disputes.
Establishing a Presence
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Business Types – Organizational – Legal Forms of Companies
http://images.mofcom.gov.cn/ozs/table/kaza/legal.pdf
The legislation in Kazakhstan provides for rather wide range of organizational forms of business entities. Limited liability partnerships (LLP), joint stock companies (JSC), and branches of foreign legal entities, however, remain the most popular
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Business Registration Requirements – Business identification number
http://egov.kz/wps/portal/Content?contentPath=/egovcontent/bus_business/for_businessmen/article/business_identification_number&lang=en
Republic of Kazakhstan web portal for businesses.
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Starting a Business in Kazakhstan – Doing Business
http://www.doingbusiness.org/data/exploreeconomies/kazakhstan/starting-a-business
Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Kazakhstan. It examines the procedures, time and cost involved in launching a commercial or industrial firm with between 10 and 50 employees and start-up capital of 10 times the economy’s per-capita gross national income.
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What you should know to start a business in Kazakhstan
http://egov.kz/wps/portal/Content?contentPath=/egovcontent/bus_business/for_businessmen/article/business_in_kz&lang=en
Republic of Kazakhstan website that provides what you should know to start a business in Kazakhstan.
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Business Types – Doing business in Astana
http://hive.kz/en-business
The most popular forms of business dealing in Kazakhstan are Limited Liability Partnership (LLP), Joint Stock Company (JSC), and Representative/Branch office
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Business Registration Requirements – Starting a Business in Kazakhstan – Doing Business
http://www.doingbusiness.org/data/exploreeconomies/kazakhstan/starting-a-business
Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Kazakhstan. It examines the procedures, time and cost involved in launching a commercial or industrial firm with between 10 and 50 employees and start-up capital of 10 times the economy’s per-capita gross national income.
Taxes
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Corporate – Kazakhstan Corporate Tax Rate
http://www.tradingeconomics.com/kazakhstan/corporate-tax-rate
The Corporate Tax Rate in Kazakhstan stands at 20 percent. Corporate Tax Rate in Kazakhstan averaged 23.64 percent from 2005 until 2015, reaching an all time high of 30 percent in 2006 and a record low of 20 percent in 2009.
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Corporate – Paying Taxes in Kazakhstan
http://www.doingbusiness.org/data/exploreeconomies/kazakhstan/paying-taxes
Below is a detailed summary of the taxes and mandatory contributions that a medium-size company must pay or withhold in a given year, as well as administrative burden in paying taxes.
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Personal – Kazakhstan Personal Income Tax Rate
http://www.tradingeconomics.com/kazakhstan/personal-income-tax-rate
The Personal Income Tax Rate in Kazakhstan stands at 10 percent. Personal Income Tax Rate in Kazakhstan averaged 11 percent from 2006 until 2015, reaching an all time high of 20 percent in 2006 and a record low of 10 percent in 2007.
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Personal – Tax rates for 2015
http://egov.kz/wps/portal/Content?contentPath=/egovcontent/bus_tax_finance/tax_payment/article/tax_rate2014&lang=en
Republic of Kazakhstan website for taxes.
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VAT – Kazakhstan Sales Tax Rate | VAT
http://www.tradingeconomics.com/kazakhstan/sales-tax-rate
The Sales Tax Rate in Kazakhstan stands at 12 percent.
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VAT – VAT IN KAZAKHSTAN | Bekaba
http://www.bekaba.eu/en/investment/vat-kazakhstan
VAT applies to taxable sales of goods and services within Kazakhstan and to imports of goods into Kazakhstan. Contributions to the authorized capital are not regarded as a taxable turnover for VAT purposes.
Visas
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Kazakhstan Visa and Support
http://www.advantour.com/kazakhstan/visa.htm
In general, all foreign nationals are required to have business or tourist visas to enter Kazakhstan. To obtain a Kazakhstan visa foreign citizens should apply to a Kazakhstan diplomatic/consular institution in their country of residence.
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Kazakhstan Business & Tourist Visa | Visa First
http://www.visafirst.com/en/kazakhstan_business_and_tourist_visas_info.asp
All nationalities must apply for a visa to enter Kazakhstan. Depending on the nature of your stay, Visa First can organise either for a Kazakhstan Business Visa or a Kazakhstan Tourist Visa for you.
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Work Permits Kazakhstan
http://www.wpk.kz/
Foreign work license or Work permit in Kazakhstan is a standard document granted by the authorized body to an employer for attracting foreign employee to the Republic of Kazakhstan within quota distributed by the Central authorized body, except as stipulated by current legislation.
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Work Permits – How to Get a Work Visa for Kazakhstan
http://www.visahunter.com/visa/kazakhstan/how-to-get-a-work-visa-for-kazakhstan/
Got a job in Kazakhstan and headed there for work? You will need to get the Work Visa for Kazakhstan. A lot of people call this visa the Work visa (ЖЕВ).
Infrastructure
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Kazakhstan Infrastructure, power, and communications
http://www.nationsencyclopedia.com/economies/Asia-and-the-Pacific/Kazakhstan-INFRASTRUCTURE-POWER-AND-COMMUNICATIONS.html
With a highway system that includes some 103,272 kilometers (64,123 miles) of paved highways, Kazakhstan ranks favorably in terms of miles of road per inhabitant. Many quite developed countries in the world have much less roadway per inhabitant. Kazakhstan’s main form of transport infrastructure for haulage and freight is rail. Kazakhstan’s main railway system includes 14,400 kilometers (8,948 miles) of track.
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Transport in Kazakhstan
https://en.wikipedia.org/wiki/Transport_in_Kazakhstan
The vast territory of Kazakhstan spans across 2.7 million km2. With a low population density, dissociation centers of industry and agriculture, and remoteness from world markets, the need for different modes of transportation in Kazakhstan are vital.
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Telecom/IT – Kazakhstan – Telecoms, Mobile and Broadband
http://www.budde.com.au/Research/Kazakhstan-Telecoms-Mobile-and-Broadband.html
Although there had been a ‘correction’ in the number of mobile subscribers in Kazakhstan in 2013, the overall picture of the telecom market remains one of positive developments.
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Telecom/IT – Telecommunications in Kazakhstan
https://en.wikipedia.org/wiki/Telecommunications_in_Kazakhstan
This article provides an overview of the communications infrastructure of the country of Kazakhstan.
Employer Obligations
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Labor Rules and Obligations – Labour Code of the Republic of Kazakhstan
http://adilet.zan.kz/eng/docs/K070000251_
obligations of the employee and the employer, provided by regulatory legal acts of the Republic of Kazakhstan
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Social Insurance – State Social Insurance Fund
http://www.gfss.kz/en/
Government website for state social insurance fund
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Social Insurance – Kazakhstan – Social Security
https://www.ssa.gov/policy/docs/progdesc/ssptw/2010-2011/asia/kazakhstan.html
Mandatory individual accounts, social insurance, and social assistance system.
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Labor Rules and Obligations – Payments in case of dismissal, in case of an injury at work
http://egov.kz/wps/portal/Content?contentPath=/egovcontent/employment_relations/article/trud_otnosheniya&lang=en
Labor relations, first of all, provide an employment contract under the laws of RK. Under this contract the employee and employer share responsibility for compliance
Culture/Living
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Cost of Living in Kazakhstan – ExpatFinder Kazakhstan Guide
https://www.expatfinder.com/kazakhstan/expat-guides/article/cost-of-living-in-kazakhstan/813
While this is expected to propel the economy to higher heights, Asian expats may find the country a bit expensive to live in. But for Westerners and Europeans, it may well be more affordable than the life they had back home.
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Business Etiquette – Kazakhstan – Language, Culture, Customs and Etiquette
http://www.kwintessential.co.uk/resources/global-etiquette/kazakhstan.html
Guide to Kazakhstan and Kazakh people, culture, society, language, business and social etiquette, manners, protocol and useful information.
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Business Etiquette – Kazakhstan Cross-cultural and Language
https://www.communicaid.com/country/kazakhstan/
Business in Kazakhstan tends to take longer than in most western societies so patience and taking time to establish relationships with Kazakh colleagues is essential.
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Safety – Kazakhstan 2013 Crime and Safety Report
https://www.osac.gov/pages/ContentReportDetails.aspx?cid=13582
While the majority of reported crime in Kazakhstan is non-violent, the country does experience a full range of criminal activity, and crime rates during 2012 rose substantially nationwide as compared to 2011. Statistically, crimes occur most often in urban areas. Crimes against foreigners, especially Americans, are uncommon.
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Cost of Living in Kazakhstan
http://www.numbeo.com/cost-of-living/country_result.jsp?country=Kazakhstan
Cost of living in Kazakhstan is 66.33% lower than in United States (aggregate data for all cities, rent is not taken into account). Rent in Kazakhstan is 76.01% lower than in United States (average data for all cities).
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Climate – Kazakhstan Discovery
http://www.kazakhstandiscovery.com/kazakhstan-climate.html
Three major factors that affect the Kazakhstan climate are: the remoteness of it from the oceans, its size and its location between two totally different climatic regions, Middle Asia and Siberia – where the impacts of the air masses of the cold north and the hot south meet.
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Education – Kazakhstan Education System
http://www.classbase.com/countries/Kazakhstan/Education-System
Schooling is mandatory in Kazakhstan and this reflects in a national literacy rate of over 99%. The 5 grades of primary school begin at age 6. Two groups of children attend morning and afternoon shifts respectively per school, in order to share facilities. The ministry of education prescribes the curriculum, and this applies to both private and public schools.
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Education – in Kazakhstan
The education system in Kazakhstan, which includes a number of distinct levels, has been very instrumental in helping this former member of the now defunct Soviet Union achieve economic and political success.
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Holidays and observances in Kazakhstan
http://www.timeanddate.com/holidays/kazakhstan/
Holidays in Kazakhstan
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Holidays in Kazakhstan
http://www.advantour.com/kazakhstan/national-holidays.htm
Kazakhstan is a large multinational country which is rich with its both old traditions and new ones acquired for the period of Independence. The Republic of Kazakhstan observes international holidays such as New Year, 8 March but it also has holidays specific only for this country such as Unity Day, Capital Day etc.
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Demographics – Kazakhstan Demographics Profile
http://www.indexmundi.com/kazakhstan/demographics_profile.html
Demographic profile of Kazakhstan
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Safety – Going to Kazakhstan? – World Nomads
https://www.worldnomads.com/travel-safety/kazakhstan/crime-in-kazakhstan
When it comes to personal safety in the central Asian country of Kazakhstan, you’ll find there are some problems. Transportation, scams, thieves, and corrupt police are just some of the issues you might fact
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Climate and weather of Kazakhstan
http://www.advantour.com/kazakhstan/weather.htm
The territory of Kazakhstan stretches for more than 3000 km from west to east and almost 2000 km from north to south. Climatic peculiarities are due to the amplitude of the country. Whereas temperature can hit 50 degrees below zero in the north in winter, in summer in the south melons ripen and cotton grow.
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Demographics – Kazakhstan Population 2015 – World Population Review
http://worldpopulationreview.com/countries/kazakhstan-population/
The ethnic majority of the country is the ethnic Kazakhs (63.1%), although there are a large number of other ethnicities present as well, such as ethnic Russians (23.7%), Uzbeks (2.9%), Ukrainians (2.1%), Uygurs (1.4%), Tatars (1.3%) and Germans (1.1%).
Trade
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Import/Export Regulations – Customs
http://e.customs.kz/wps/portal/customs/
Republic of Kazakhstan Customs website
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Import/Export Regulations – Kazakhstan – International Trade Administration
http://ita.doc.gov/td/standards/Markets/Central,%20Eastern%20Europe,%20Russia/Kazakhstan/Kazakhstan.pdf
Any goods imported into Kazakhstan and included on the mandatory list of goods are subject to the mandatory procedure of certification under national requirements. PDF
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Trade Agreements – Kazakhstan – Improving the Trade Policy Framework
http://www.worldbank.org/en/country/kazakhstan/publication/improving-trade-policy-framework-management-and-regulations
For Kazakhstan to take advantage of global integration and diversification opportunities, the government should consider improving the national trade policy framework, its management, and its regulations.
Housing and Rentals
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Pros and cons of living in and relocating to Kazakhstan
http://www.expatarrivals.com/kazakhstan/pros-and-cons-of-moving-to-kazakhstan
Before moving abroad, expats will need to weigh up the pros and cons of living in Kazakhstan to ensure that relocation is the right decision for them.
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Rating of housing cost in Kazakhstan cities
http://en.tengrinews.kz/markets/Rating-of-housing-cost-in-Kazakhstan-cities-7687/
Rating of housing cost in Kazakhstan cities
Travel
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Travel to Kazakhstan
http://visitkazakhstan.kz/en/
Official tourism website of Kazakhstan. Find your best deal, book accommodation, tours to Kazakhstan and other holiday offers.
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Kazakhstan – Lonely Planet
https://www.lonelyplanet.com/kazakhstan
The best sights, tours and activities in Kazakhstan
JOBS
NETWORKING
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