Information about the reimbursement of exporters ' costs

Information about the reimbursement of exporters ' costs

The authorized body for reimbursement 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 10 IСCs conducted in 2022, 264 applications from 162 companies were approved for a total amount of 4 148,86 million тenge, of these:

- for the costs associated with the delivery of goods - 238 applications in the amount of 3 952,24 million tenge;

- for the promotion of goods - 26 applications for the amount of 196,62 million tenge.

 

In exchange for this type of state support, exporters assume counter obligations, which are fixed in agreements for receiving compensation.

Thus, 162 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 170 167,5 million tenge; (from 492 268 million tenge to 662 435 million tenge, an increase of 34,6%)

- tax deductions to the budget for 10 249,18 million tenge; (from 96 078 million tenge to 106 327 million tenge, an increase of 10,7%)

- the number of jobs for 1 885 people. (from 31 589 people to 33 474 people, an increase of 6%)

 

In 2021, according to the results of 24 ICCs, 306 applications from 162 companies were approved for a total amount of 6 025,97 million tenge, of which:

Companies that received compensation assumed counter obligations to increase the following indicators:

- export volume by 134 874,37 million tenge;

- tax deductions to the budget for 10 306,49 million tenge;

- the number of jobs for 2 948 people.