How to enter Kazakhstan's market

As it is placed at the intersection of trade routes, Kazakhstan is regarded as a commercial hub in the heart of the Eurasian area, resulting in better opportunities for businesses.

Foreign enterprises can join the Kazakhstani market in three ways:

1. Creating a joint venture with a local company or partner.

2. To export things, you'll need to work with an agency or distributor.

3. By creating a new company to enter the Republican market.

Benefits of doing trade in Kazakhstan:

• Kazakhstan is a prominent producer and exporter of hydrocarbons due to its extensive natural resources, which include fossil fuels, minerals, and metals.
• Stable Market: A stable economy and the apparent ease of starting a business are among the many strengths of the Kazakh market.
• Business Climate: Due to its location in various Central Asian markets such as Russia, Armenia, Kyrgyzstan, and Belarus, use it as a crossroads.
• Investor protection: The Republic of Kazakhstan Law No 373-II on investments, enacted on January 8, 2003, provides a number of guarantees to reduce the risks that an investor may face.

When you invest in Kazakhstan, you are guaranteed:

• For investments made within the Republic of Kazakhstan, you have statutory protection.
• You have the right to use your profits.
• You can secure access to in-state investment activities.

Kazakhstan consists of five large economic regions:

• North Kazakhstan — efficient grain economy, extraction of iron ore and coal, mechanical engineering, manufacture of oil products and ferroalloys, and energy.
• East Kazakhstan produces high-quality nonferrous metals, energy, mechanical engineering, and forestry products.
• West Kazakhstan has one of the world's most important oil and gas producing regions.
• Central Kazakhstan is known for its productive ferrous and nonferrous industries, as well as mechanical engineering and cattle raising.
• Southern Kazakhstan: Cotton, rice, wool, grain, fruits, vegetables, and grapes; efficient nonferrous industry, instrument manufacturing, light manufacturing, food production, fish farming, and forestry products.