The purpose of state investment support is to create a favorable investment climate for economic development and encourage investment in the creation of new, expanding and updating existing production facilities using modern technologies, improving the skills of Kazakhstani personnel, as well as environmental protection.

State support for investment consists in providing investment preferences.

State support for investments is provided by the authorized investment authority, determined by the Government of the Republic of Kazakhstan, upon conclusion of investment contracts and control over their execution.

In accordance with the legislation of the Republic of Kazakhstan, the procedure for granting investment preferences for investment, priority investment and special investment projects is provided.

Investment preferences are targeted advantages provided in accordance with the legislation of the Republic of Kazakhstan:

• legal entities of the Republic of Kazakhstan implementing an investment project;
• leasing companies that import technological equipment within the framework of an investment project on the basis of a financial leasing agreement for a legal entity of the Republic of Kazakhstan implementing the investment project.
• Legal entity of the Republic of Kazakhstan - a legal entity, including a legal entity with foreign participation, established in accordance with the legislation of the Republic of Kazakhstan.

The following types of investment preferences are granted for an investment project:

• exemption from customs duties and value added tax on imports;
• state in-kind grants.

The following types of investment preferences are granted for an investment priority project:

• tax preferences:
• investment subsidy;