The tax rate for some entrepreneurs will be 5%
Residents of Almaty’s Nauryzbaysky, Alatau, Turksib and Zhetysu regions will be able to obtain loans for conducting business at an annual interest rate of 5%. Representing the reputation of Almaty Bakytzhan Sagintayev, the relevant amendments were introduced into the regional plan “Almaty Business”. Let us remind you that within the framework of the above plan, the earlier preferential loan to Almaty entrepreneurs had an annual interest rate of 7%.
“The largest part of Almaty’s business includes trade and services. In this regard, Almaty’s Akimat and Damu Fund initiated a program to support entrepreneurs operating in trade, beauty salons, bath centers, hotels, and other industries. According to the analysis, SMEs are unevenly distributed in urban areas. In terms of quantity, the leaders are Bostandyksky, Almalinsky, and Medeu regions, and their share exceeds 50%. Almaty Maksat Kichimov (Almaty Maksat) Kikimov’s deputy representative Akim said: “Through negotiations with Damu, Akimat managed to reduce the interest rate for residents of inactive areas from 7% to 5%. “
Small and medium-sized enterprises registered and operating in Almaty can become program participants. The maximum loan amount for each borrower is 180 million tenge. The nominal salary rate is 5% in inactive areas and 7% in active areas.
Within the framework of the 2021 regional program, 11.2 billion tenge (carry-over funds and working capital) will be provided in equal amounts. So far, 21 projects have been supported, with a total loan amount of 1,346.4 billion tenge.