Daily Archives: 14.07.2016

Taxation of legal entity (non-resident) upon the sale of goods from a warehouse in Kazakhstan

Our company is registered in the Russian Federation. Currently, we are planning to start a wholesale of spare parts for mining equipment to the only buyer in the Republic of Kazakhstan without registration with the justice authorities.
For this we are going to:
rent a warehouse in Karaganda, without hiring employees – residents of RoK,
bring spare parts from Russia and place them on this warehouse for an indefinite period,
deliver them to the buyer directly from a warehouse in Karaganda preparing packing lists and invoices directly from Russian seller to the buyer of the Republic of Kazakhstan (as required).

Licensing of scrap procurement activity is abolished In Kazakhstan

As part of the ongoing Kazakhstan policy aimed at reducing the permits and the simplification of licensing procedures in entrepreneurship on March 29, 2016 current Law of the Republic of Kazakhstan “On permissions and notifications” was amended which lead, among other things, to the abolishment of licensing of scrap and ferrous / non-ferrous metal waste collection (procurement), storage, processing and sale.