Information about the reimbursement of exporters ' costs

Information about the reimbursement of exporters ' costs

The authorized body for reimbursement of part of the costs of subjects of industrial and innovative activities for the promotion of domestic processed goods/services to foreign markets since 2021 is JSC "QazTrade" - a subordinate company of the Ministry of Trade and Integration of the Republic of Kazakhstan.
According to the results of 17 MVC conducted in 2021, 219 applications from 119 companies were approved for a total amount of 4,268. 5 million tenge, including:
- for the costs associated with the delivery of goods-212 applications in the amount of 4,166. 8 million tenge;
- for the promotion of goods-8 applications for the amount of 101.7 million tenge.

In exchange for this type of state support, exporters assume counter obligations, which are fixed in agreements for receiving compensation.
Thus, 119 companies that have received a refund of part of the export costs plan to increase the following indicators by 2023:
- the volume of exports by 80 854.0 million tenge;
- tax deductions to the budget for 7,268. 1 million tenge;
- the number of jobs for 1267 people.

In 2020, 487 applications from 216 companies were approved for a total amount of 5,611. 0 million tenge, including:
- 60 companies that received compensation in the total amount of 942.4 million tenge assumed counter obligations to increase the following indicators:
- export volume by 52,398. 50 million tenge;
- tax deductions to the budget for 3 180.0 million tenge;
- the number of jobs for 1,342 people.