Astana Hub - a new paradise for IT companies in Kazakhstan

What is Astana Hub?

Astana Hub is an international technopark of IT startups, which creates attractive conditions for the registration, development and operation of high–tech companies both in Kazakhstan and around the world.

Who is Astana Hub intended for?

For IT startups that will have the opportunity to effectively develop their business;

For venture capital companies and investors who will get access to promising projects and startups;

For existing high-tech and IT companies that will have access to high-tech space, laboratories, R&D centers, as well as a community of like-minded people.

What startup development programs exist in Astana Hub? What are their advantages?

Two development programs are being implemented on the territory of Astana Hub:

1. Acceleration. A startup that meets the selection criteria is provided with essential tools for accelerated development – more than 300 hours of consultations with leading coaches and business angels, mentoring programs from successful entrepreneurs, access to networking programs and events, free office space and PR.
2. Incubation program. This is a more general development program for early-stage startups. The program provides participants with access to a single coworking, knowledge base, expert advice and assistance in attracting the first round of funding. During the incubation program, the startup will be prepared for a more serious stage – acceleration.

There are laboratories, discussion clubs, academies and platforms on the territory of Astana Hub, the purpose of which is to help in the development of business and its entry into international markets.

What other benefits does Astana Hub provide?

In addition to the above, Astana Hub provides its residents with tax benefits:

0% CPN (Corporate income tax);

0% IPN (Individual Income tax) for employees of Astana Hub resident companies;

0% VAT on the turnover of goods, works and services sold on the territory of the Republic of Kazakhstan, as well as on the turnover for the import of goods according to the approved list.

What are the stages of obtaining the status of a resident of Astana Hub?

Stage 1. Collection of necessary documents, formation of a business plan, preparation and submission of an application for residency in Astana Hub;

Stage 2. Processing of the application by Astana Hub employees, conducting an online interview and making a decision of the commission on obtaining the status of an Astana Hub resident;

Stage 3. Signing the contract and getting access to all the spaces and benefits of Astana Hub.

From a formal point of view, in order to develop a business on the territory of Astana Hub, it is necessary to obtain an IIN, register a company, solve migration and labor issues. We have prepared a step-by-step guide and will be happy to share it with you in our next posts.

Do not hesitate to ask questions and stay tuned, it will be interesting and, most importantly, useful!