Allowing taxpayers to offset the income tax paid abroad against the income tax payable in Kazakhstan, but in certain cases (e.g. payments to countries enjoying privileged tax treatment) may not be allowed to offset.

For legal entities in Kazakhstan that meet specific conditions, companies are allowed to fully deduct the cost of investment objects and their reconstruction and modernization costs. Investment projects can enjoy exemptions from customs duties and import value-added tax, state material assistance, and priority investment projects can also receive tax incentives and investment subsidies.

SEZs established in Kazakhstan provide incentives for legal entities registered in SEZs, such as 100% exemption from corporate income tax, and a 0% VAT rate. Companies within SEZs can enjoy tax benefits for 7 to 25 years.

Introducing new mechanisms to allow the signing of investment agreements with individual provisions, ensuring the stability of tax legislation for 10 years after the signing of the investment agreement, and providing financial incentives for oil and gas projects. In addition, the new tax law provides for a three-year tax exemption for new manufacturing projects and implements a taxpayer-centric service model, reducing tax reporting by 30% and tax payments by 20%.