Kazakhstan's transportation and logistics information system developer seeks sale (tax exemption for

2021-07-23
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Industry Involved: IT Technology Region Involved: Kazakhstan Transaction Price: US $1 million Transaction Method: Equity investment

Founded in 2018, the Kazakh company is mainly engaged in the development of information analysis system software for the transportation and logistics industry.

Details: Founded in 2018, the Kazakh company is mainly engaged in the development of information analysis system software for the transportation and logistics industry. The system has been introduced into the Kazakh Tax Office and generates revenue by collecting service fees for electronic processing of documents from air logistics companies. The system is also planned to be introduced into the Ministry of Agriculture and Customs systems.

The company advantage

The company was registered at Astana Junction International Science and Technology Park on April 29, 2019, and is therefore exempt from corporate income tax, value-added tax, employee income tax, and royalty income tax for 10 years. Shareholders of Kazakh residents and non-Kazakh residents are exempt from income tax on dividends and capital gains. However, according to the agreement signed with the science park, only the priority business specified by the science park can get income, and 1% of the revenue of the science park service fee will be paid.

The company has potential access to other EEU countries such as Kyrgyzstan, Tajikistan, Belarus and Armenia, as well as countries such as Uzbekistan and Ukraine that are not part of the EEU.

Cooperation intention

The company's shareholders plan to sell all their shares. If you are interested in acquiring the company, please contact us.