Funds and organizations providing benefits for businesses in Central Asia

Kazakhstan

QazIndustry

An analytical center and a single window for state support in the industrial sector. It provides financial support to projects involved in the development of innovative products, helps exporters recover transportation costs, and reimburses part of the expenses for enterprises implementing quality control systems according to global standards.

Atameken 

Represents the interests of small, medium, and large businesses. It covers all areas of entrepreneurship, protecting their rights and interests.

The organization provides free training for entrepreneurs of any scale — from beginners to international.

Astana Hub

Participants of the Astana Hub digital park receive 0% tax benefits for the following types of taxes: corporate, individual income, value-added tax, and tax on non-residents.

Damu Fund 

Helps beginning and existing business owners. Its goal is the development of micro, small, and medium-sized enterprises in Kazakhstan.

To achieve this, Damu implements programs in various fields. Here, you can obtain a loan to start a business, subsidies, reduce interest rates, or receive guarantees. The fund also provides free training for the management of small and medium-sized businesses.

Kyrgyzstan

Guarantee Fund

The fund ensures access to financial resources for small and medium-sized entrepreneurs. Here, there is an opportunity to guarantee business loans up to 30 million som for a term of up to 48 months.

Additionally, the organization provides free consultations for those who want to start their own business, obtain a preferential loan, or receive a guarantee. The fund also organizes educational training and seminars for entrepreneurs.

High Technologies Park 

The park operates under a special tax and legal regime. Types of activities include software development, export of information technologies, and creation and provision of services by interactive service centers.

Participants are exempt from profit tax, sales tax, and value-added tax. For residents, the income tax rate is 5%.

Uzbekistan

IT Park

IT Park residents receive certain tax benefits and preferences:

— exemption from all types of taxes

— exemption from customs payments

— income tax rate — 7.5%

— dividend tax — 5%.