On the establishment of the maximum amount of investment subsidies

Invalidated

Joint order of the Minister for Investment and Development of the Republic of Kazakhstan dated September 20, 2018 № 666 and the Minister of National Economy of the Republic of Kazakhstan dated September 21, 2018 № 17. Registered in the Ministry of Justice of the Republic of Kazakhstan on October 13, 2018 № 17547. Abolished by the joint Order of the Minister of Foreign Affairs of the Republic of Kazakhstan dated 28.04.2022 No. 11-1-4/187 and the Minister of National Economy of the Republic of Kazakhstan dated 03.05.2022 No. 39

Unofficial translation

Footnote. Abolished by the joint Order of the Minister of Foreign Affairs of the Republic of Kazakhstan dated 28.04.2022 No. 11-1-4/187 and the Minister of National Economy of the Republic of Kazakhstan dated 03.05.2022 No. 39 (effective ten calendar days after the date of its first official publication).

In accordance with paragraph 13 of the Rules for Granting Investment Subsidies, approved by Government Decree No. 1120 of the Republic of Kazakhstan dated December 29, 2015 “On Approval of the Rules for Granting Investment Subsidies”, WE DO HEREBY ORDER :

1. That the maximum amount of investment subsidies shall be established in accordance with the Annex to this order.

2. The Investments Committee of the Ministry for Investments and Development of the Republic of Kazakhstan, in accordance with the procedure established by legislation, shall ensure:

1) the state registration of this order with the Ministry of Justice of the Republic of Kazakhstan;

2) within ten calendar days from the date of state registration of this order, the direction hereof both in the Kazakh and Russian languages to the Republican State Enterprise on the Right of Economic Management "Republican Center of Legal Information" for official publication and inclusion in the Reference Control Bank of Regulatory Legal Acts of the Republic of Kazakhstan;

3) the placement of this order on the Internet resource of the Ministry for Investment and Development of the Republic of Kazakhstan;

4) within ten working days after the state registration of this order with the Ministry of Justice of the Republic of Kazakhstan, submission to the Legal Department of the Ministry of Investment and Development of the Republic of Kazakhstan of the information on the implementation of measures, in accordance with subparagraphs 1) , 2) and 3) of this paragraph.

3. Control over the implementation of this joint order shall be entrusted to the supervising Deputy Minister for Investment and Development of the Republic of Kazakhstan.

4. This joint order shall enter into force upon the expiry of ten calendar days after the day of its first official publication.

Minister for Investment and Development of the Republic of Kazakhstan	J. Kassymbek
Minister of National Economy of the Republic of Kazakhstan	T. Suleimenov

"AGREED"
Minister of Finance
of the Republic of Kazakhstan
________________ A. Smailov
September 20, 2018

Annex to Joint Order No. 666 of the Minister for Investment and Development of the Republic of Kazakhstan of September 21, 2018 and Order No. 17 of the Minister of National Economy of the Republic of Kazakhstan of September 20, 2018

The maximum amount of investment subsidies

The sum of the actual costs of construction and installation work and the purchase of equipment, millions of monthly calculated indicators	Investment subsidy formula	The maximum amount of investment subsidies, millions of monthly calculated indicators
5	30 %	1.5
From 5 to 7, inclusive	1.5 million MCI + (I - 5 million MCI) * 25%	No more than 2
From 7 to 9, inclusive	2 million MCI + (I - 7 million MCI) * 20%	No more than 2.4
From 9 to 11, inclusive	2.4 million MCI + (I - 9 million MCI) * 15%	Not more than 2.7
From 11 to 15, inclusive	2.7 million MCI + (I - 11 million MCI) * 5%	Not more than 2.9
From 15 and up	3 million MCI	No more than 3

Note:

I - The sum of the actual costs of construction and installation work and the purchase of equipment, millions of monthly calculated indicators.