Kazakhstan boosts SMEs with tax reforms and simpler business rules

Kazakhstan is taking steps to strengthen its business environment and support entrepreneurs. Prime Minister Olzhas Bektenov has highlighted the key role of small and medium-sized enterprises in the country’s economy. The government is working closely with business leaders to reform tax policies. These changes aim to create better conditions for companies to grow. With over 2.2 million SMEs already operating in Kazakhstan, the sector plays a major part in the job market, employing more than 4 million people.

Authorities are also reviewing business regulations to reduce barriers for new ventures. Bektenov stressed that fostering entrepreneurship remains a top priority for economic development.

The reforms target improved support for SMEs across Kazakhstan. By adjusting tax rules and simplifying regulations, officials hope to encourage more business activity. The government’s partnership with the private sector will shape the final policy changes.