World Monitor Magazine, Economy WM_April 2019 web version (2) | Page 14

INVEST TO KAZAKHSTAN
Investor's interaction
with the state
In order to move to a new quality level, it is important to ensure the
freedom and ease of doing business as quickly as possible, in particular,
by creating optimal structures and processes that are able to most
effectively resolve issues when the investor interacts with the state.
Erlan Khairov,
Chairman of the
Investment Committee,
MFA of RK
Almas Aydarov,
Deputy Akim of
Karaganda region
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world monitor
How can investor interact with the
state?
On behalf of the First President of the
Republic of Kazakhstan, the Investor Services
Centre has been operating since 2015. Its
task is to provide consulting support and
all public services by implementing the ‘one
window’ principle.
To date, the state registry includes more than
700 different public services, which includes
registration of a legal entity, obtaining the
necessary category of visa, documents for
a land plot, necessary licenses and permits,
as well as other state services provided by
government bodies and organizations.
It is enough for an investor to contact the
specified centre, where you can receive all
appropriate support in the shortest time
possible.
Many investors have already used the
‘one window’ principle. A striking example
is the transnational company Coca-Cola
that received all necessary state services
through the Investor Service Centre, ranging
from obtaining visas and ending with the
procurement of investment preferences to
implement an investment project.
and Russian languages as well as in foreign
languages on the basis of the PSC (State
Corporation ‘Government for Citizens’).
How many investors applied to the
Center and Investor Services Sector last
year?
In 2018, over 4,500 investors applied to the
Centre and the Investor Services Sector,
about 4,600 received consulting support and
about 5,000 applications were accepted for
public services.
The most popular public services among
investors who applied:
• state re-registration of legal entities
• production and issuance of acts for the
right of temporary paid land use
• state registration of rights (legal burden)
on real estate, etc.
Are there plans to improve the system
of the ‘one window’ principle?
Recently, under a new law of the Republic of
Kazakhstan, the national company Kazakh
Invest was authorized to interact with the
investor using the ‘one window’ principle.
This principle has proven itself on the
investment site as a mechanism to simplify
and accelerate investment activity. This enables the national company to
conduct a full cycle of support for all
projects, ranging from negotiations to the
commissioning of the facility.
In order to comprehensively cover investors
with government support procedures in each
region, there are services for investors where
they can also solicit advice in both the state In addition, this mechanism allows working
relationships with existing investors to
stimulate the expansion and modernization
of production.