Webinar
Tax Planning of International Business in Kazakhstan
28 February
12.00 Moscow time | 10.00 CET

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We invite you to a free webinar where we will discuss how to maintain tax efficiency in international business and use Kazakhstan for asset structuring
Webinar program:
Part 1: Kazakhstan in Holding, Financial Structures, and Personal Asset Structuring

Overview: Geographical location, non-"unfriendly" status, taxes, historical use in international structures

International Structures with Assets in Kazakhstan – Key Tax Aspects:
  • Taxation of income paid from Kazakhstan – dividends, interest and royalties. Rates, benefits, and application of tax treaties
  • Taxation upon the sale of Kazakhstani companies: three-year exemption and subsoil users
  • Judicial practice on cross-border payments: disputes over withholding tax, the beneficial owner concept, and MLI
  • Application of reduced tax rates – practical examples and expectations for the tax changes

Using Kazakhstan for Holding Foreign Assets:
  • Tax advantages and disadvantages
  • Controlled foreign company rules
  • Is there an "exit tax" in Kazakhstan?
  • Practical case: A fund in the AIFC for structuring investments
  • AIFC as a platform for tax planning of investments: key tax benefits and advantages of a financial centre

Kazakhstan in Financial Structures:
  • Taxation of interest income, accounting for interest expenses
  • Thin capitalization rules

Kazakhstan for Structuring and Holding Personal Assets:
  • General rules, advantages and disadvantages of the tax system
  • Investment residency in the AIFC
  • Restructuring assets with companies in Kazakhstan: What to pay attention to and how to avoid tax losses

Practical Examples

Q&A
Part 2: Kazakhstan in Operational Structures and Tax Planning for International Activities

Kazakhstan in International Business Structures: Which Functional Companies Are Used and How They Work from a Tax Perspective:
  • Trading companies: Corporate income tax (CIT) and VAT, transfer pricing rules
  • Potential VAT and CIT losses in operational structures, reverse-charge VAT
  • Taxation of services: Expense deductions, qualification for withholding tax purposes (reclassification of services as royalties), VAT
  • Practice on cross-border transactions and "constructive dividends"

Benefits for IT Companies:
  • Tax advantages of the Astana Hub Technopark
  • Typical international structures using an IT company in Astana Hub, practical examples
  • How to structure international business and market presence with a company in Astana Hub

Restructuring business and operational chains: What to pay attention to

Practical Examples

Q&A
The webinar will be held on Thursday, 28 February. All participants will receive a presentation and a recording of the webinar
Speakers
  • Victor Kalgin
    Managing Partner, Global Aim
  • Vsevolod Bude
    Senior Manager, Global Aim
  • AIFC and Astana Hub representatatives
Who Will Find the Webinar Useful:
  • Owners of international corporate groups
  • Top managers of such companies
  • Employees in the finance, legal, and tax departments of international corporate groups, especially those operating or planning to operate in Russia, Kazakhstan, the UAE, and other countries worldwide