The solution to this is a residency in the International IT Park Astana hub. The state provides Astana hub residents with the opportunity to develop information and communication technology, i.e. IT companies, freeing them not only from CIT and VAT, but also from IIT, social tax for non-residents and customs duties when importing equipment.
The International IT Park Astana hub gives the status of a participant for 5 years to IT companies, regardless of the country and jurisdiction of registration of the legal entity. IT companies receive not only tax preferences, but also assistance through the acceleration program, free coworking and the Astana hub network among angel and venture investors.
Astana hub has the best synergy with the jurisdiction of the AIFC, whose acts allow:
1. Divide ownership and operational decision-making in the company through different classes of shares;
2. Provide convertible loans and notes to companies;
3. Sell/transfer without the need for coordination with other holders;
4. Form a company with zero authorized capital.