- Published 2026.10.14 22:02
Deputy industry minister proposes at government meeting to extend exemption to attract Samsung and other large manufacturers
Samsung plant in Saran produces washing machines and TVs
The Kazakh government is moving to extend the value-added tax exemption on home appliance sales to attract global manufacturers such as Samsung Electronics. At a government meeting, it directly mentioned Samsung in proposing the extension of the benefit.
On Oct. 13, Kuandyk Kazhkenov, deputy minister of industry and construction, said at a government meeting chaired by Prime Minister Olzhas Bektenov that the VAT exemption on home appliance sales is valid "until the end of next year," and proposed extending the benefit for a longer period to expand localization and attract large foreign manufacturers including Samsung.
Kazakhstan implemented a new tax code on Jan. 1 this year, raising the VAT rate from 12% to 16%. A separate VAT exemption applies to home appliance sales. However, the opening of the Kursiv article states the current exemption deadline as "the end of 2026," which differs from the deputy minister's remarks (end of next year), and the exact deadline has not been confirmed.
Kursiv reported that the Samsung plant produces washing machines and TVs in the city of Saran and plans to begin producing ultrasound diagnostic devices soon. The operation of the Saran plant and the plan to produce ultrasound devices have already been reported in Korea.
Kazhkenov reported that Kazakhstan's machinery manufacturing output grew 22.8% in January–September this year, led by transportation, agricultural and railway equipment and home appliances. Automobile production in the same period was 144,000 units.
※ This article is an AI translation of the Korean original published by Korea Credit News; it was checked by automated quality guards and published by the English edition desk.
