Article 25. Conditions for State stimulation of Industry in the Industrial Policy Act

Home / RLA / Article 25. Conditions for State stimulation of Industry in the Industrial Policy Act

1. Measures of state stimulation of industry shall be determined in accordance with this Law.

The laws of the Republic of Kazakhstan may provide for other measures of state stimulation of industry and support for subjects of activity in the field of industry.

2. State incentives for subjects of industrial and innovative activities operating in the agro-industrial complex of the Republic of Kazakhstan are determined in accordance with the Law of the Republic of Kazakhstan "On State Regulation of the development of the agro-industrial complex and rural areas".

3. Support for investment and innovation activities in the Republic of Kazakhstan is regulated by the Entrepreneurial Code of the Republic of Kazakhstan.

4. The authorized body in the field of state stimulation of industry, other state bodies, as well as local executive bodies of regions, cities of republican significance and the capital, when developing, reviewing and approving measures of state stimulation of industry, provide for the following criteria:

1) innovation – the focus on increasing the economic efficiency of activities by creating new or significantly improved products (goods, works or services), technologies or processes, taking into account their further implementation and ensuring environmental safety;

2) competitiveness – competitive advantages in comparison with similar industrial and innovative projects, expressed in low cost, high quality, growing demand and other properties of products, works and (or) services provided.;

3) scale – the importance of the implementation of an industrial and innovative project for the industrial development of the Republic of Kazakhstan;

4) export orientation – the availability of the potential for the sustainable export of products, works and (or) services to at least one foreign country;

5) labor productivity – the ratio of the volume of production and labor resources, the working time spent on production.

5. Measures of state stimulation of industry are provided to subjects of industrial and innovative activity on the terms:

the orientation of the manufacturing industry to the production of goods included in the list of priority goods;

acceptance by the recipient of measures of state stimulation of the industry of counter obligations;

compliance of the subject of industrial and innovative activity and the submitted documents for obtaining measures of state stimulation of industry with the requirements established by regulatory legal acts regulating the procedure for providing measures of state stimulation of industry.

the location of a Kazakhstani commodity producer in the register of Kazakhstani commodity producers.

6. The ground for refusal to provide state incentives to industry is non-compliance with the conditions specified in paragraph 5 of this Article.

7. Interaction of state bodies, local executive bodies, subjects of the industrial and innovation system involved in state stimulation of industrial and innovation activities with subjects of industrial and innovation activities on the provision of measures of state stimulation of industry is carried out with the general coordination of the authorized body in the field of state stimulation of industry.

8. The provision of measures of state stimulation of industry to subjects of activity in the field of industry is carried out within the framework of state support for entrepreneurship on the principle of "one window" in accordance with the legislation of the Republic of Kazakhstan.

This Law establishes the fundamental principles of industrial policy and regulates public relations that arise during the formation and implementation of industrial policy.

President

Republic of Kazakhstan

Constitution Law Code Standard Decree Order Decision Resolution Lawyer Almaty Lawyer Legal service Legal advice Civil Criminal Administrative cases Disputes Defense Arbitration Law Company Kazakhstan Law Firm Court Cases