Investors to be exempt from taxes for 10 years

    By Daniyar Mukhtarov
    Investors will be exempt from corporate income tax for 10 years, President Nursultan Nazarbayev said at the opening of the 47^th Annual Meeting of the Asian Development Bank.
    "We intend to create the most favorable climate for investors. Due to this goal, this year we will adopt a new law for the improvement of investment laws. We plan to exempt investors from corporate income tax for 10 years, to input investment subsidies to ensure stable legislation and a predictable tariff, to simplify the import of foreign labor," Nazarbayev said.
    Nazarbayev said working with investors will be on a single window system.
    "In addition to the institute of the investment ombudsman. We will pursue inclusive economic growth, increase investment into the development of human capital," the president said, according to Trend.