FOREIGN INVESTMENT \u00a0\u00b7\u00a0 KAZAKHSTAN<\/p>\n
Bond Stone advises foreign investors on profit repatriation from Kazakhstan \u2014 dividend declaration and payment procedures, compliance with the Law on Currency Regulation and Currency Control, intercompany loan mechanics, withholding tax obligations, and the statutory right to repatriate profits in freely convertible currency under the Law on Investments.<\/p>\n
Primary authority: Entrepreneurial Code of the Republic of Kazakhstan No. 375-V dated 29 October 2015, Chapter 25 (profit repatriation guarantee for investors); Law “On Currency Regulation and Currency Control” No. 57 dated 2 July 2018. Authority: adilet.zan.kz<\/a><\/p>\n Statutory repatriation right \u2014 Law on Investments Article 11<\/p>\n Foreign investors have a statutory right under Chapter 25 of the Entrepreneurial Code to transfer abroad in freely convertible currency: dividends and other income from investments; amounts received from the sale or liquidation of investments; and compensation received in connection with expropriation. This right is exercised after payment of applicable Kazakhstani taxes. The right is reinforced by Kazakhstan’s BIT network \u2014 most of Kazakhstan’s 50+ BITs contain explicit profit repatriation guarantees.<\/p>\n<\/div>\n Dividend repatriation procedure<\/p>\n The dividend repatriation procedure in Kazakhstan requires: a general meeting of participants resolving to distribute profits; calculation and withholding of dividend withholding tax (15% standard rate \u2014 reduced by applicable DTT); and transfer of the net dividend to the foreign shareholder’s bank account abroad through a Kazakhstani bank. The Kazakhstani bank is required to verify the lawfulness of the transaction before processing. Bond Stone advises on the full dividend repatriation procedure and tax optimisation.<\/p>\n<\/div>\n Currency control \u2014 Law No. 57 (2018)<\/p>\n The Law on Currency Regulation and Currency Control No. 57 dated 2 July 2018 governs currency transactions in Kazakhstan. Key requirements: registration of certain currency transactions with the National Bank; mandatory currency repatriation for export proceeds above specified thresholds (exporters must repatriate 50% of foreign currency earnings within 180 days); and reporting obligations for certain cross-border transfers. Bond Stone advises on currency control compliance for foreign-invested Kazakhstani entities.<\/p>\n<\/div>\n Intercompany loans \u2014 thin capitalisation<\/p>\n Intercompany loans from a Kazakhstani subsidiary to its foreign parent are a common profit repatriation mechanism \u2014 but are subject to transfer pricing rules and thin capitalisation restrictions under the Tax Code. Deductibility of interest payments to related parties is limited where the debt-to-equity ratio exceeds 4:1. Bond Stone advises on structuring intercompany financing arrangements to optimise tax efficiency while complying with Kazakhstani transfer pricing rules.<\/p>\n<\/div>\n Withholding tax \u2014 DTT optimisation<\/p>\n Dividend payments from a Kazakhstani entity to a foreign shareholder are subject to 15% withholding tax under the Tax Code. This rate is reduced under applicable double taxation treaties \u2014 to 5% for qualifying corporate shareholders holding at least 25% of the paying company under many of Kazakhstan’s DTTs. Bond Stone advises on DTT eligibility and the documentation required to apply a reduced treaty rate.<\/p>\n<\/div>\n<\/div>\n Bond Stone has advised foreign investors on investment structuring in Kazakhstan since 2007. Client confidentiality is maintained across all matters.<\/p>\n Dividend Repatriation \u2014 Energy Sector<\/p>\n Repatriation \u00b7 Kazakhstan \u00b7 Energy<\/p>\n Advising a foreign energy investor on dividend repatriation from a Kazakhstani subsidiary \u2014 withholding tax treaty analysis, participant resolution, bank transfer procedures, and National Bank currency control compliance.<\/p>\n<\/div>\n DTT Application \u2014 Chinese Parent<\/p>\n Repatriation \u00b7 Kazakhstan \u00b7 China \u00b7 Tax<\/p>\n Advising a Chinese parent company on applying the China-Kazakhstan double taxation treaty to reduce dividend withholding tax \u2014 beneficial ownership analysis, treaty documentation requirements, and 5% rate application.<\/p>\n<\/div>\n Intercompany Loan Structuring<\/p>\n Repatriation \u00b7 Kazakhstan \u00b7 Corporate<\/p>\n Advising on structuring an intercompany loan from a Kazakhstani subsidiary to its foreign parent \u2014 thin capitalisation analysis, transfer pricing documentation, interest deductibility, and withholding tax on interest payments.<\/p>\n<\/div>\n Currency Control Compliance \u2014 Export Proceeds<\/p>\n Repatriation \u00b7 Kazakhstan \u00b7 Trade<\/p>\n Advising an export-oriented Kazakhstani company on mandatory currency repatriation requirements \u2014 50% repatriation obligation, 180-day timeline, National Bank reporting, and exemption assessment for qualifying transactions.<\/p>\n<\/div>\n Liquidation Proceeds \u2014 Investment Exit<\/p>\n Repatriation \u00b7 Kazakhstan \u00b7 Corporate<\/p>\n Advising a foreign investor on repatriation of liquidation proceeds from a Kazakhstani entity \u2014 tax treatment of liquidation distributions, currency control compliance, and transfer procedure through a Kazakhstani bank.<\/p>\n<\/div>\n Royalty Repatriation \u2014 Technology Licence<\/p>\n Repatriation \u00b7 Kazakhstan \u00b7 Technology<\/p>\n Advising on repatriation of royalty payments from a Kazakhstani licensee to a foreign licensor \u2014 withholding tax treaty analysis, mandatory registration requirements, and currency control compliance.<\/p>\n<\/div>\n<\/div>\n Why Bond Stone<\/p>\n \u2726 \u00a018+ years advising foreign investors on market entry and investment structuring in Kazakhstan<\/p>\n \u2726 \u00a0AIFC RLA status \u2014 English law structuring and Kazakhstani law compliance on one mandate<\/p>\n \u2726 \u00a0Ranked Legal 500 EMEA and IFLR1000 \u2014 Almaty and Astana offices<\/p>\n<\/div>\n Primary authority: adilet.zan.kz<\/a><\/p>\n Contact Bond Stone for a confidential discussion about Profit Repatriation & Currency Control in Kazakhstan.<\/p>\n \ud83d\udce7 info@bondstonelaw.com<\/a> Request a Confidential Consultation<\/a> FOREIGN INVESTMENT \u00a0\u00b7\u00a0 KAZAKHSTAN Profit Repatriation and Currency Control in Kazakhstan Bond Stone advises foreign investors on profit repatriation from Kazakhstan \u2014 dividend declaration and payment procedures, compliance with the Law on Currency Regulation and Currency Control, intercompany loan mechanics, withholding tax obligations, and the statutory right to repatriate profits in freely convertible currency under […]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-4737","page","type-page","status-publish","hentry"],"translation":{"provider":"WPGlobus","version":"3.0.3","language":"ru","enabled_languages":["en","ru"],"languages":{"en":{"title":true,"content":true,"excerpt":false},"ru":{"title":false,"content":false,"excerpt":false}}},"_links":{"self":[{"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/pages\/4737","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/comments?post=4737"}],"version-history":[{"count":2,"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/pages\/4737\/revisions"}],"predecessor-version":[{"id":4739,"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/pages\/4737\/revisions\/4739"}],"wp:attachment":[{"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/media?parent=4737"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nKey Framework<\/h2>\n
\nExperience<\/h2>\n
\nDiscuss your Kazakhstan investment<\/h2>\n
\n\ud83d\udcde +7 (701) 729 76 72<\/a><\/p>\n
\n\u2190 Foreign Ownership Restrictions<\/a>
\nInvestment Protection & BIT \u2192<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"