Support for domestic trade entities

Subsidy conditions:

Loan amount

- projects in cities of regional significance - no more than 3 billion tenge;

- projects in single- and small towns, rural settlements - no more than 1.5 billion tenge

Subsidy period

- for investment purposes - no more than 5 years;

- to replenish working capital - no more than 3 years

Subsidy amount

NBRK base + 5% (nominal interest rate), of which 10.75% is subsidized by the state, and the difference is paid by the subject of domestic trade. The subsidized part of the interest rate is reduced by an equivalent change to the reduced value of the NBRK base rate

Prohibition

if the loan amount exceeds 500 million tenge, there is a ban on paying dividends

Domestic trade entity

individuals or legal entities engaged in domestic trade in accordance with the Law of the Republic of Kazakhstan "On Regulation of Trade Activities"

Special conditions

Subsidies and guarantees are not apply to:

- shopping and entertainment centers (SEC);

- projects implemented in the capital and cities of national significance

Refinancing - not provided

Counter obligations

for investment projects - a 10% tax increase after 2 financial years from the date of provision of the state support measure

In cities of regional significance:

- OKED 46.90.3 "Wholesale trade of a wide range of goods without any specification in retail facilities with a sales area of ​​more than 2,000 sq. m. (2,000 sq. m. and above), including wholesale distribution centers";

- OKED 47.11 "Retail trade in non-specialized stores primarily of food products, beverages and tobacco products";

- OKED 47.19 "Other retail trade in non-specialized stores";

- OKED 47.91.0 "Retail trade by ordering goods by mail or via the Internet";

- OKED 68.20.3 "Rent (sublease) and management of own or leased retail market";

- OKED 68.20.4 "Rent and management of own retail real estate and multifunctional complexes in retail activities", with the exception of shopping and entertainment centers;

- OKED 68.20.5 "Rent (sublease) and management of leased retail real estate and leased multifunctional complexes in trade activities", with the exception of shopping and entertainment centers

In single- and small towns, rural settlements:

- OKED 46 "Wholesale trade, with the exception of trade in automobiles and motorcycles";

- OKED 47 "Retail trade, with the exception of trade in automobiles and motorcycles";

- OKED 68.20.3 "Rent (sublease) and management of own or leased retail market";

- OKED 68.20.4 "Rental and management of own retail real estate and multifunctional complexes in trade activities", with the exception of shopping and entertainment centers;

- OKED 68.20.5 "Rental (sublease) and management of leased retail real estate and leased multifunctional complexes in trade activities", with the exception of shopping and entertainment centers