Joint Order of the Minister of Trade and integration of the Republic of Kazakhstan "About approval of rules, forms of the state financial support, economy industries in which perform activities the subject

JOINT ORDER OF THE MINISTER OF TRADE AND INTEGRATION OF THE REPUBLIC OF KAZAKHSTAN, MINISTER OF ENERGY OF THE REPUBLIC OF KAZAKHSTAN, MINISTER OF TOURISM AND SPORT OF THE REPUBLIC OF KAZAKHSTAN, MINISTER OF ECOLOGY AND NATURAL RESOURCES OF THE REPUBLIC OF KAZAKHSTAN, MINISTER OF AGRICULTURE OF THE REPUBLIC OF KAZAKHSTAN, MINISTER OF CULTURE AND INFORMATION OF THE REPUBLIC OF KAZAKHSTAN, MINISTER OF WATER RESOURCES AND IRRIGATION OF THE REPUBLIC OF KAZAKHSTAN, I.O. MINISTER OF TRANSPORT OF THE REPUBLIC OF KAZAKHSTAN, MINISTER OF INDUSTRY AND CONSTRUCTION OF THE REPUBLIC OF KAZAKHSTAN, MINISTER OF EDUCATION OF THE REPUBLIC OF KAZAKHSTAN, MINISTER OF DIGITAL DEVELOPMENT, INNOVATIONS AND AEROSPACE INDUSTRY OF THE REPUBLIC OF KAZAKHSTAN, MINISTER OF SCIENCE AND THE HIGHER EDUCATION OF THE REPUBLIC OF KAZAKHSTAN AND I.O. MINISTER OF HEALTH OF THE REPUBLIC OF KAZAKHSTAN

of November 21, 2023 No. 410-HK, 22 of November, 2023 No. 412, on November 22, 2023 No. 299, on November 22, 2023 No. 327, on November 22, 2023 No. 401, on November 22, 2023 No. 450-HK, 22 of November, 2023 No. 16, on November 23, 2023 No. 91, on November 23, 2023 No. 84, on November 23, 2023 No. 347, on November 23, 2023 No. 572/Tax Code, 23 of November, 2023 No. 598, on November 23, 2023 No. 167

About approval of rules, forms of the state financial support, economy industries in which the subjects of private entrepreneurship which are subject to the state support perform activities

(as amended on 16-01-2024)

According to Item 2 of article 94 of the Entrepreneurial code of the Republic of Kazakhstan and the subitem 1) article 10 of the Law of the Republic of Kazakhstan "About the state services" PRIKAZYVAYEM:

1. Approve:

1) economy industries in which the subjects of private entrepreneurship which are subject to the state financial support according to the list according to appendix 1 to this joint order perform activities;

2) forms of the state financial support of subjects of private entrepreneurship, according to appendix 2 to this joint order;

3) Rules of provision of portfolio subsidizing of part of rate of remuneration and partial guaranteeing on the credits/microcredits of subjects small, including microentrepreneurships, according to appendix 3 to this joint order;

4) Rules of subsidizing of part of rate of remuneration, according to appendix 4 to this joint order;

5) Rules of subsidizing of part of markup on goods and parts of the lease payment constituting the income of Islamic banks when financing of subjects of entrepreneurship by Islamic banks, according to appendix 5 to this joint order;

6) Rules of subsidizing of rate of coupon remuneration on the bonds issued by subjects of entrepreneurship according to appendix 6 to this joint order;

7) Rules of guaranteeing on the credits / to financial leasing, according to appendix 7 to this joint order;

8) Rules of provision of state grants for realization of the new business ideas, according to appendix 8 to this joint order;

9) Rules of leading of engineering infrastructure, according to appendix 9 to this joint order;

10) Rules of provision of information and consulting services, service support of conducting business activity, realization of the tool "Development of entrepreneurial potential "Of exchanges – kas_pker", programs of business consulting services of the European Bank for Reconstruction and Development for support of small and medium business of the Republic of Kazakhstan, according to appendix 10 to this joint order;

11) Rules of guaranteeing on the bonds issued by subjects of entrepreneurship according to appendix 11 to this joint order;

12) Rules of provision of investment grants "Basekege kab_lett_l_k", the subjects of small business directed to increase in competitiveness, according to appendix 12 to this joint order.

2. To provide to committee of trade of the Ministry of Trade and integration of the Republic of Kazakhstan state registration of this order in the Ministry of Justice of the Republic of Kazakhstan and its placement on Internet resource of the Ministry of Trade and integration of the Republic of Kazakhstan.

3. This joint order becomes effective after ten calendar days after day of its first official publication, except for:

1) Items 13 and 15 of Rules of leading of engineering infrastructure, according to appendix 9 to this joint order which are effective till January 1, 2024 in the following edition:

"13. Leading of missing engineering infrastructure is performed for projects of the subjects of small and medium business answering to the following criteria:

1) the project investment cost cannot be less than 200 (two hundred) million tenges;

2) the construction cost (reconstruction) of infrastructure cannot be less than 50 (fifty) million tenges, at the same time maximum amount of construction (reconstruction) of infrastructure (on all types of communications) cannot exceed 1 (one) one billion tenges, except for constructions (reconstruction) of infrastructure for projects according to the recommendation of State commission concerning upgrade of economy of the Republic of Kazakhstan on the amount which is not exceeding 5 (five) one billion tenges, and also projects provided by the Law of the Republic of Kazakhstan "About the republican budget for 2022 - 2024".";

"15. Leading of missing engineering infrastructure is performed for projects of creation or development of the industrial zones answering to the following criteria:

1) the amount of investment into the project cannot be less than 10 (ten) one billion tenges;

2) the construction cost (reconstruction) of infrastructure cannot be less than 2 (two) one billion tenges.";

2) Item 13 of Rules of leading of engineering infrastructure, according to appendix 9 to this joint order which is effective from January 1, 2024 to January 1, 2026 in the following edition:

"13. Leading of missing engineering infrastructure is performed for projects of the subjects of small and medium business answering to the following criteria:

1) the project investment cost cannot be less than 200 (two hundred) million tenges;

3) degree of readiness of construction of projects at least 30%.".

Minister of science and the higher education of the Republic of Kazakhstan

__________ S. Nurbek

acting minister of health care of the Republic of Kazakhstan

__________ Zh. Burkitbayev

acting minister of transport of the Republic of Kazakhstan

__________ S. Ablaliyev

Minister of Water Resources and Irrigation of the Republic of Kazakhstan

__________ N. Nurzhigitov

Minister of Culture and Information of the Republic of Kazakhstan

__________ A. Balayeva

Minister of Agriculture of the Republic of Kazakhstan

__________ A. Saparov

Minister of Industry and constructions of the Republic of Kazakhstan

__________ K. Sharlapayev

Minister of digital development, innovations and aerospace industry of the Republic of Kazakhstan

__________ B. Musin

Minister of Ecology and Natural Resources of the Republic of Kazakhstan

__________ E.Nysanbayev

Minister of education of the Republic of Kazakhstan

__________ G. Beysembayev

Minister of tourism and sport of the Republic of Kazakhstan

__________ E.Marzhikpayev

Minister of Trade and integration of the Republic of Kazakhstan

__________ A. Shakkaliyev

Minister of Energy of the Republic of Kazakhstan

__________ A. Satkaliyev

It is approved

Agency on protection and development of the competition of the Republic of Kazakhstan

It is approved

Ministry of Finance of the Republic of Kazakhstan

It is approved

Ministry of national economy of the Republic of Kazakhstan

Appendix 1

to the joint Order of the Minister of Trade and integration of the Republic of Kazakhstan, the Minister of Energy of the Republic of Kazakhstan, the Minister of tourism and sport of the Republic of Kazakhstan, the Minister of Ecology and Natural Resources of the Republic of Kazakhstan, the Minister of Agriculture of the Republic of Kazakhstan, the Minister of Culture and Information of the Republic of Kazakhstan, the Minister of Water Resources and Irrigation of the Republic of Kazakhstan, the deputy. Minister of Transport of the Republic of Kazakhstan, Minister of Industry and construction of the Republic of Kazakhstan, Minister of education of the Republic of Kazakhstan, Minister of digital development, innovations and aerospace industry of the Republic of Kazakhstan, Minister of science and the higher education of the Republic of Kazakhstan and deputy. The Minister of Health of the Republic of Kazakhstan of November 21, 2023 No. 410-HK, 22 of November, 2023 No. 412, on November 22, 2023 No. 299, on November 22, 2023 No. 327, on November 22, 2023 No. 401, on November 22, 2023 No. 450-HK, On November 22, 2023 No. 16, on November 23, 2023 No. 91, on November 23, 2023 No. 84, on November 23, 2023 No. 347, on November 23, 2023 No. 572/Tax Code, 23 of November, 2023 No. 598, on November 23, 2023 No. 167

Economy industries in which the subjects of private entrepreneurship which are subject to the state financial support perform activities

Code of the general qualifier of types of economic activity	Name
01, 03	Rural, forest and fishery except for 01.11 "Cultivation of grain crops (except for rice), bean cultures and oilseeds"
08:12. 1, 09	Development gravel and sandpits, provision of services in the mining industry
10, 11.06, 11.07, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33	Processing industry
35. 3, 35.11, 35.11.2, 35.11.4, 35.11.5, 35.11.9	Supply with the electric power, gas, vapor, hot water and the conditioned air
36, 37, 38, 39	Collection, processing and waste disposal, activities for liquidation of pollution
45. 2, 49.3, 49.41, 50, 52, 53	Transport and warehousing
55. 10, 55.20, 55.30	Provision of services on temporary residence
58, 59.14, 61, 62	Information and communication
68.20. 1, 68.20.2	Lease and management of own or leasable real estate
69. 2, 71, 72, 74, 75	Professional, scientific and technical activity
77.11	Lease and leasing of cars and easy vehicles
81	Activities for servicing of buildings and improvement of the territories
85	Education
86, 87, 88	Health care and social servicing of the population
91, 93	Art, entertainment and rest
95, 96.01	Provision of other types of service
47.11	Retail trade in unspecialized shops mainly food, drinks and tobacco products

Appendix 2

Forms of the state financial support of subjects of private entrepreneurship

1. Portfolio subsidizing of part of rate of remuneration and partial guaranteeing on the credits/microcredits of subjects small, including microentrepreneurships;

2. Subsidizing of part of rate of remuneration;

3. Subsidizing of part of markup on goods and parts of the lease payment constituting the income of Islamic banks when financing of subjects of entrepreneurship by Islamic banks;

4. Subsidizing of rate of coupon remuneration on the bonds issued by subjects of entrepreneurship;

5. Guaranteeing on the credits / to financial leasing;

6. Provision of state grants for realization of the new business ideas;

7. Leading of engineering infrastructure;

8. Provision of information and consulting services, service support of conducting business activity, realization of the tool "Development of entrepreneurial potential "Of exchanges – kas_pker", programs of business consulting services of the European Bank for Reconstruction and Development for support of small and medium business of the Republic of Kazakhstan;

9. Guaranteeing on the bonds issued by subjects of entrepreneurship;

10. Provision of investment grants "Basekege kab_lett_l_k", the subjects of small business directed to increase in competitiveness.

Appendix 3

Rules of provision of portfolio subsidizing of part of rate of remuneration and partial guaranteeing on the credits/microcredits of subjects small, including microentrepreneurships

Chapter 1. General provisions

1. These rules of provision of portfolio subsidizing of part of rate of remuneration and partial guaranteeing on the credits/microcredits of subjects small, including microentrepreneurships (further – Rules), are developed according to Item 2 of article 94 of the Entrepreneurial code of the Republic of Kazakhstan (further – the Code) and determine procedure for provision of portfolio subsidizing of part of rate of remuneration/markup and partial guaranteeing by credits/microcredits/financing of banks of the second level (further – BVU) / the organizations performing microfinancial activities to subjects small including microentrepreneurship.

2. In these rules the following basic concepts are used:

1) replenishment of current assets – the purpose of the credit of the entrepreneur connected with the declared activities of the entrepreneur and excluding payment of the tax liabilities, pension and social assignments, customs payments / charges / duties;

2) special finance company – the legal entity created according to the Law of the Republic of Kazakhstan "About project financing and securitization" for implementation of transactions of project financing and securitization for benefit of which rights to claim are yielded;

3) the subject of social entrepreneurship – the individual entrepreneurs and legal entities (except for subjects of big business) included in the register of subjects of social entrepreneurship;

4) bank - the payment agent – the authorized bank of the microfinancial organization which is approved with the financial agency and performs functions on maintaining the special account of the microfinancial organization intended for transfer and write-off of subsidies on projects;

5) the allocated assets – the rights to claim yielded to special finance company in transactions of project financing and securitization, the money on accounts in bank custodian received on the rights to claim yielded to it, the financial instruments acquired by special finance company as a result of investment of the specified money, the money received as a result of sale of financial instruments and also the property and property rights arising during creation of collateral security;

6) the project (business project) – set of the actions and actions performed by the entrepreneur as the initiative activities directed to income acquisition and which are not contradicting the legislation of the Republic of Kazakhstan within activities on which the state financial support is provided (within one project possibly receipt of several bank credits / making of leasing transactions);

7) the investment purposes – acquisition and (or) construction and (or) upgrade and (or) reconstruction and (or) capital repairs of fixed assets, acquisition of biological and (or) intangible assets. Tax expenses on value added included in the cost of the main means / tangible assets according to accounts for payment, connected with the purposes specified in this determination, also belong to investments;

8) Islamic bank – the bank of the second level performing the banking activity provided by Chapter 4-1 of the Law of the Republic of Kazakhstan "About banks and banking activity in the Republic of Kazakhstan" based on the license within implementation of these rules;

9) the financing provided by Islamic bank (further – financing) – the delay or payment by installments of payment for goods provided by Islamic bank to the entrepreneur;

10) the entrepreneur – small business entity, including microentrepreneurships, and also the subject of social entrepreneurship determined according to the Code and having the status of the acting subject of entrepreneurship;

11) earlier adopted agenda of support of entrepreneurship / earlier adopted agendas of support of entrepreneurship – The state program of support and business development the "Road map of business-2025" approved by the order of the Government of the Republic of Kazakhstan of December 24, 2019 No. 968, the National project on development of entrepreneurship for 2021 - 2025 approved by the order of the Government of the Republic of Kazakhstan of October 12, 2021 No. 728;

12) the credit agreement – the written agreement signed between bank and the entrepreneur under the terms of whom the bank grants the loan to the entrepreneur (the agreement on opening of credit line also belongs to the credit agreement);

13) target use of the credit/microcredit – use by the entrepreneur of the credit/microcredit received according to the loan agreement on the purposes corresponding to conditions of these rules (target use is confirmed by the relevant documents which in total confirm payment, obtaining and use by the entrepreneur in full of assets/works/services and (or) achievement of other purposes, in accordance with the terms of these rules);

14) the financial agency – joint-stock company "Fund of development of entrepreneurship "Lady";

15) authorized body of the financial agency – the permanent collegiate organ performing the activities within the powers conferred to it by the charter of the financial agency, credit policy of the financial agency and fixed by internal documents of the financial agency;

16) the agreement of financing – the written agreement signed between Islamic bank and the entrepreneur under the terms of whom the Islamic bank grants commercial credit to the entrepreneur – to the buyer or the seller of goods (the general agreement of financing within which the Islamic bank and the entrepreneur sign separate contracts on provision of commercial credit (financing) also belongs to the agreement of financing;

17) the microcredit – the money provided by the organization performing microfinancial activities, to the subject small, including microentrepreneurships in national currency of the Republic of Kazakhstan, in the amount of, not exceeding eight-thousandfold size of the monthly settlement indicator established for the corresponding financial year by the law on the republican budget;

18) the organization performing microfinancial activities – the microfinancial organization (further – IFI) performing activities for provision of the microcredits;

19) the regional coordinator – determined by the akim of area (the capitals, the cities of republican value) structural division of local executive body;

20) portfolio partial guaranteeing – form of provision of guarantees to entrepreneurs within the limit set by the financial agency for BVU/IFI;

21) securitization – financing under concession of monetary claim by bond issue, provided with the allocated assets;

22) the agreement on portfolio subsidizing of part of rate of remuneration/markup and partial guaranteeing – the written agreement signed between BVU/IFI and the financial agency, determining the rights and obligations of each of the parties within realization of portfolio subsidizing of part of rate of remuneration/markup and partial guaranteeing;

23) portfolio subsidizing of part of rate of remuneration/markup – form of provision of subsidies to entrepreneurs within the limit set by the financial agency for BVU/IFI.

Also the credits/microcredits of BVU/IFI directed to financing of entrepreneurs via the securitization mechanism are subject to subsidizing. In that case functions of administration (maintenance) of the credits/microcredits of the entrepreneurs supported on the instrument of subsidizing within implementation of these rules are performed by BVU/IFIs which yielded such credits / microcredits of special finance company.

The mechanism of securitization provides form of the state financial support of entrepreneurs in the way: release by special finance company of the bonds provided with the allocated assets of BVU/IFI; acquisitions by the financial agency of the bonds issued by special finance company, provided with the allocated assets (the transaction of securitization); provisions by special finance company BVU/MFO of the funds raised from the financial agency;

24) authorized body – authorized body on entrepreneurship;

25) the affiliated/connected persons – physical persons and legal entities according to Items 1), 16), 20) Articles 1, Items 1-1 and 2 of article 64 of the Law of the Republic of Kazakhstan "About joint-stock companies", with the Items 1)-11) of Article 12-1, Item 2 of article 41 of the Law of the Republic of Kazakhstan "About partnerships with the limited and accessorial liability";

3. Financing of portfolio subsidizing of part of rate of remuneration/markup and partial guaranteeing on credits/microcredits/financing is performed at the expense of means of the local and/or republican budgets provided on subsidizing and guaranteeing.

4. The means provided for subsidizing of part of rate of remuneration/markup and partial guaranteeing are listed for the account of means of the republican budget by authorized body on entrepreneurship in the financial agency into the special account of the financial agency on the basis of the contract for money transfer signed between them.

5. The means provided for subsidizing of part of rate of remuneration/markup and partial guaranteeing at the expense of means of the local budget are listed by the regional coordinator in the financial agency on the basis of the signed agreement on subsidizing and (or) guaranteeing according to the standard form of the agreement on subsidizing and (or) guaranteeing approved by the order of the Minister of national economy of the Republic of Kazakhstan of January 29, 2020 No. 5 "About approval of standard forms of agreements on separate measures of the state support of private entrepreneurship" (it is registered in the Register of state registration of regulatory legal acts at No. 19959).

Money transfer to the financial agency within implementation of these rules is performed by authorized body on entrepreneurship according to the contract for money transfer for the special account of the financial agency.

Use of means, allocated within the subsidizing of part of rate of remuneration/markup and partial guaranteeing which is not used by regional coordinators / the financial agency in the current financial year in the next financial year on subsidizing of part of rate of remuneration/markup and partial guaranteeing the projects including approved in the next financial year is allowed.

In case of formation of lack of budgetary funds for partial guaranteeing projects, the financial agency stops partial guaranteeing projects before receipt of additional resources from local executive body of area (the capital, the cities of republican value) / authorized body on entrepreneurship.

The cost of guarantee which is paid by local executive body of area (the capital, the cities of republican value) / authorized body on entrepreneurship to the financial agency, constitutes 20% of the amount of portfolio partial guarantee and is payment for the issued guarantees. In case of early termination of validity of portfolio partial guarantee the amount is used for the subsequent portfolio partial guaranteeing projects. The financial agency places the received means in various financial instruments. The received means from the cost of the issued guarantees are considered as the postponed income and will monthly be amortized during the term of life of the issued guarantee.

Distribution of the budget for subsidizing and guaranteeing for credits/microcredits/financing within the new projects approved in the corresponding financial year is performed:

on processing industry to 50% of budgetary funds;

on activities for provision of services, including in the sphere of trading activity to 30% of budgetary funds;

on activities of subjects of microentrepreneurship (the credits to 20 (twenty) million tenges) – 20% of budgetary funds.

At the same time, change of the specified proportionality and redistribution of means by the financial agency within support of projects in processing industry and/or on provision of services and in the sphere of trading activity, and/or subjects of microentrepreneurship among themselves depending on the need for subsidizing and/or guaranteeing is allowed.

6. The financial agency for the purposes of forming of the general complex annual analytical report of efficiency no later than July of the year following reporting directs results of monitoring of program implementation of support of entrepreneurship), regarding subsidizing and guaranteeing on the credits/microcredits to authorized body.

Chapter 2. Procedure for provision of portfolio subsidizing of part of rate of remuneration and partial guaranteeing on the credits/microcredits of subjects small, including microentrepreneurships

Paragraph 1. Conditions of provision of subsidies and guarantees on the "Support of Micro and Small Business" direction

7. Participants of the "Support of Micro and Small Business" direction are entrepreneurs.

Portfolio subsidizing of part of rate of remuneration/markup on goods, the Islamic bank constituting the income, and partial guaranteeing are performed on credits/microcredits/financing, directed to the investment purposes and replenishment of current assets without industry restrictions, except for to activities in the sphere of trade (trade in food is allowed).

For subjects small and the microentrepreneurships realizing projects in settlements, except for the cities of republican value / the regional centers, including in mono - and the small cities, rural settlements, portfolio subsidizing of part of rate of remuneration/markup on goods, the Islamic bank constituting the income, and partial guaranteeing is performed without industry restrictions.

Investment projects of entrepreneurs provide obligatory increase in workplaces at least 1 (one) persons in 2 (two) from the date of the decision of BVU/IFI.

8. Are not subject to subsidizing and guaranteeing within the "Support of Micro and Small Business" direction:

1) the projects of entrepreneurs realized on the types of activity specified in item 4 of article 24 of the Code;

2) the credits/microcredits in which creditor are national institutes of development;

3) the credits/microcredits, the remuneration rate on which was reduced the price at the expense of budgetary funds, except for credits/microcredits/financing of BVU/IFI which rate of remuneration was reduced the price within implementation of these rules;

4) the credits/microcredits directed to the redemption of shares, shares of the organizations, and also companies as property complex;

5) the credits in the form of the overdraft;

6) the credits/microcredits of the directed to acquisitions of fixed assets, goods in the form of real estate objects, assets, works and services at affiliirovannykh / connected persons except for:

constructions (including expansions, upgrades, technical updating, reconstruction, restoration, capital repairs) the new and (or) existing objects (buildings, constructions and their complexes, communications), in case of availability of the supporting document on implementation by the affiliated/connected person of activities for construction;

purchases of goods, works and services at the affiliated/connected persons which are official distributors in the territory of the Republic of Kazakhstan;

purchases of goods, raw materials and/or materials, at the affiliated/connected persons if such goods, raw materials and/or materials, are made affiliirovannym / the connected person;

7) directed to acquisition of cars (except for the cars intended for transportation of goods, having body or the cargo platform isolated from cabin), including on activities for the OKED 49.32 code "Activities of taxi" (except for "green" projects, and also projects directed to acquisition of cars of domestic manufacturers worth no more than 10 (ten) million tenges for 1 (one) unit), on provision in lease and leasing of cars by the OKED 77.11 code "Lease and leasing of cars and easy vehicles" (except for provisions in lease and leasing of cars of domestic manufacturers worth no more than 10 (ten) million tenges for 1 (one) unit);

8) the credits/microcredits directed to implementation of real estate transactions (the acquisition/lease/sublease of apartments, apartments, apartment houses, the parcels of land on individual housing construction);

9) the entrepreneurs performing activities of pawnshops, the microfinancial, factoring organizations and leasing companies;

10) the credits/microcredits / the existing project earlier receiving the subsidizing and/or guaranteeing directed to acquisition ready and seen in operation without additional upgrade less than 20% of the acquired project;

11) the credits/microcredits directed to payment of the tax liabilities, pension and social assignments, customs payments and charges;

12) the entrepreneurs who performed and/or planning to perform sale/donation/transfer to confidential management / lease / free use of asset to person at whom it was acquired at the expense of the credit/microcredit, including making and/or planning in the future reorganization of the company of the entrepreneur in the form of accession to this person or merges to this person. In case of identification during monitorings of the projects specified in this subitem of cases, subsidizing stops and earlier paid subsidies are subject to return;

13) the entrepreneurs who stopped or suspended activities as the subject of private entrepreneurship at the time of application for subsidizing;

14) entrepreneurs whose pattern of ownership is drawn up as private institution.

9. The maximum amount of credit/microcredit/financing on the investment purposes on which portfolio subsidizing of part of rate of remuneration/markup on goods is performed of the Islamic bank constituting the income, and partial guaranteeing, constitutes no more than 20 (twenty) million tenges and on replenishment of current assets – no more than 5 (five) million tenges. The credits / mikrocredity / financing on replenishment of current assets are allowed in the form of credit line on renewable and/or non-renewable basis. The limit on one borrower constitutes 20 (twenty) million tenges. Repeated receipt of credit/microcredit/financing within the limit set by Rules in case of partial/complete early repayment of principal debt on credit/microcredit/financing is allowed.

10. In case of excess by the borrower of the limit specified in Item 9 of these rules, financing of the project of the borrower is not allowed or the amount of financing is reduced to the level of the set limit.

11. Portfolio subsidizing of part of rate of remuneration/markup on goods, the Islamic bank constituting the income, and partial guaranteeing, are performed only on credits/financing with nominal rate the remuneration/markup on goods, the Islamic bank constituting the income which is not exceeding the base rate established by National Bank of the Republic of Kazakhstan and increased by 7 (seven) percent points from which 8% are paid by the entrepreneur and difference it is subsidized with the state. The projects approved before approval of the above-stated rate of remuneration act on earlier approved conditions with authorized body of the financial agency before complete execution by entrepreneurs of the obligations on them.

For subjects small and the microentrepreneurships realizing projects in settlements, including in mono - and the small cities, rural settlements, subsidizing is performed on credits/financing with the nominal rate of remuneration which is not exceeding the base rate established by National Bank of the Republic of Kazakhstan and increased by 7 (seven) percent points from which 7% are paid by the entrepreneur and difference subsidized with the state. The projects approved before approval of the above-stated rate of remuneration act on earlier approved conditions with authorized body of the financial agency before complete execution by entrepreneurs of the obligations on them.

For subjects of social entrepreneurship subsidizing and guaranteeing on credits/financing are performed without industry restrictions and with the nominal rate of remuneration which is not exceeding the base rate established by National Bank of the Republic of Kazakhstan and increased by 7 (seven) percent points from which 7% are paid by the entrepreneur and difference is subsidized with the state.

Portfolio subsidizing of part of rate of remuneration and partial guaranteeing are performed only on the microcredits of IFI with nominal rate of remuneration no more than 28% per annum from which 50% of nominal rate of remuneration are subsidized with the state.

Portfolio subsidizing of part of rate of remuneration is performed on the microcredits of IFI on projects in priority types of economic activity according to the list according to appendix 1 to these rules.

Portfolio partial guaranteeing are performed on the microcredits of IFI on projects in priority types of economic activity according to the list according to appendix 2 to these rules.

At the same time the size of portfolio partial guarantee for subjects small, including microentrepreneurships, and also subjects of social entrepreneurship constitutes to 85% inclusive of the amount of credit/microcredit/financing, the remained amount of credit/microcredit/financing becomes covered by the entrepreneur at the discretion of BVU/IFI.

12. The term of the portfolio subsidizing of part of rate of remuneration/markup on goods constituting the income of Islamic bank on credits/microcredits/financing on the investment purposes constitutes 3 (three) years, on replenishment of current assets – 2 (two) years without the right of prolongation of term of subsidizing.

13. The term of the provided portfolio partial guarantee constitutes no more than the term of credit/microcredit/financing.

14. Portfolio subsidizing of part of rate of remuneration/markup on goods, the Islamic bank constituting the income, and partial guaranteeing are performed on credits/microcredits/financing of BVU/IFI, selected according to internal regulating documents of authorized body of the financial agency.

15. The authorized body of the financial agency determines limit of the portfolio subsidizing of part of rate of remuneration/markup on goods constituting the income of Islamic bank and partial guaranteeing for each BVUMFO by its regional branches.

16. In case of excess of the requirements of BVU/IFI of threshold paid by the financial agency over 10% of amount (debt remaining balance) of the credit portfolio built on guarantee of the financial agency, the financial agency stop portfolio subsidizing of part of rate of remuneration and partial guaranteeing. In case of approach of such case new projects are not allowed to consideration.

At the same time the financial agency provides obligation fulfillment under earlier signed agreements.

17. The credits/microcredits of BVU/IFI directed to financing of entrepreneurs via the mechanism (transaction) of securitization are subject to subsidizing. At the same time the financial agency acquires the securitized bonds at the expense of own or raised funds from other sources of financing.

Paragraph 2. Determination of limit on BVU/IFI within provision of portfolio subsidizing of part of rate of remuneration on the credits/microcredits of subjects small, including microentrepreneurships

18. Limits on BVU/IFI affirm authorized body of the financial agency annually in preliminary coordination with BVU/IFI, and also additional increase within year in case of development of limit is allowed or are sequestered in case of improper execution of obligations on development of BVU/IFI of means.

Limits on BVU/IFI within subsidizing of part of rate of remuneration are established calculated on the basis of the amount of undertaken obligations according to earlier approved schedules of repayments of payments to credit agreements and requirement of means for adoption of new payment schedules to credit agreements in the current financial year.

At the same time, undertaken obligations to credit agreements the current financial year are paid for earlier approved schedules of repayments of payments without establishment of limit on BVU/IFI.

19. For participation in distribution of limit of BVU conforms to the following requirements:

1) accomplishment of prudential and other standard rates of National Bank of the Republic of Kazakhstan;

2) compliance to internal documents of the financial agency.

20. For participation in distribution of limit of IFI conform to the following requirements:

1) equity of IFI is not lower than the minimum level established by National Bank of the Republic of Kazakhstan for date of submission of documents;

2) availability of accounting registration in National Bank of the Republic of Kazakhstan;

3) accomplishment of prudential and other standard rates of National Bank of the Republic of Kazakhstan;

4) compliance to internal documents of the financial agency.

21. If the amount of development of limit of BVU/IFI makes less than 30% after 6 (six) months from the moment of determination of limit by the financial agency, redistribution of limits in other BVUMFO is allowed.

22. After determination of limit between BVU/IFI and the financial agency the agreement on portfolio subsidizing of part of rate of remuneration/markup and partial guaranteeing in which are specified is signed:

1) terms of development of limits of BVU/IFI;

2) payment procedure of portfolio partial guarantee;

3) payment procedure of portfolio subsidizing of part of rate of remuneration;

4) projects implementation monitoring implementation;

5) conditions of redistribution of the released limits between projects on which subsidizing (inappropriate use of means) is stopped.

23. BVU/IFIs pay to the financial agency penalty in the amount of 50 (fifty) monthly settlement indicators (further – MRP) in non-notification cases / the untimely notification of the financial agency on partial/complete early repayment by the entrepreneur of principal debt, and also change of the payment schedule, at the same time times for notification are specified in the agreement on portfolio subsidizing of part of rate of remuneration/markup and partial guaranteeing between BVU/IFI and the financial agency.

In case of partial early repayment of principal debt on credit/microcredit/financing of the entrepreneur, BVU/IFI send to the financial agency the copy of the supplementary agreement to the credit agreement / agreement of financing or the letter of BVU/IFI with the changed repayment schedule of payments in electronic format (XLS or XLSX) and specifying of the payable amount of subsidies.

In case of repeatedly partial early repayment of principal debt on credit/microcredit/financing by the entrepreneur during calendar month provision in the financial agency of the copy of BVU/IFI united in such cases of the supplementary agreement to the credit contract / agreement of financing or the letter of BVU/IFI with the changed repayment schedule of payments in electronic format (XLS or XLSX) and specifying of the payable amount of subsidies is allowed.

Paragraph 3. Provision of portfolio partial guaranteeing

24. The entrepreneur addresses to BVU/IFI with the request for provision of credit/microcredit/financing.

25. In case of insufficiency of mortgage providing at the borrower on credit/microcredit/financing, the financial agency provides guaranteeing at the rate to 85% of the amount of credit/microcredit / financing.

26. BVU/IFI carries out complex assessment / examination of financial and economic efficiency of the project. In case of acceptance of BVU/IFI of the positive decision on provision of credit/microcredit / financing with guarantee of the financial agency within portfolio guaranteeing BVU/IFI provides to the financial agency:

1) the copy of the credit agreement / agreement of financing or this on the automated service of the financial agency under the credit agreement / agreement of financing;

2) the letter notification in form according to appendix 3 to these rules.

At the same time, in case of data transmission on the automated service of the financial agency, the letter notification is not required.

27. Based on the above-stated documents from the date of receipt of the letter notification the financial agency within 1 (one) working day sends to BVU/IFI the warranty obligation in form according to appendix 4 to these rules.

The warranty obligation consists on the paper carrier / electronically, at the same time the electronic form of the warranty obligation is signed by the digital signature according to the current legislation of the Republic of Kazakhstan. In case of consideration of the request through the automated service, the warranty obligation goes the financial agency by means of service.

28. In case of excess by the borrower of the limit specified in Item 9 of these rules, financing of the project of the borrower is not allowed or the amount of financing is reduced to the level of the set limit.

29. In case of consideration of the request through the automated service of the financial agency, BVU/IFIs within 5 (five) working days from the date of receipt of the warranty obligation notify the financial agency by means of service on provision of credit/microcredit/financing to the entrepreneur.

30. In case of deterioration in the indicator of BVU/IFI specified in Item 16 of these rules, the financial agency allows redistribution of limit of portfolio partial guaranteeing in other BVUMFO.

31. Payment of guarantee by the financial agency BVU/MFO is performed according to the procedures specified in the agreement on portfolio subsidizing of part of rate of remuneration/markup and partial guaranteeing between BVU/IFI and the financial agency.

32. If within 120 (hundred twenty) calendar days from the date of non-execution / improper execution by the entrepreneur of obligations on repayment of the amount of principal debt under the credit agreement / agreement of financing the entrepreneur did not perform/fulfilled in an inadequate way obligations on repayment of the amount of principal debt under the credit agreement / agreement of financing, BVU/IFI is allowed to impose requirement to the financial agency.

33. The financial agency pays guarantees for credits/microcredits/financing of BVU/IFI within 20 (twenty) working days from the moment of receipt of the requirement.

34. In case of inappropriate/partial inappropriate use of credit/microcredit/financing the guarantee of the financial agency is cancelled / the amount of guarantee decreases in proportion to credit amount of the microcredit/financing used for the inappropriate designated purpose.

35. In case of release of means due to cancellation of guarantee/decrease in the amount of guarantee on credits/microcredits/financing, BVU/IFI considers requests on new projects within the allocated limit.

36. BVU/IFIs do not charge any fees, charges and/or other payments connected with credit/microcredit/financing, except for:

1) the conditions of crediting/financing connected with change initiated by the entrepreneur;

2) the obligations levied for cause of infringement by the entrepreneur on credit/microcredit/financing.

37. The financial agency before refining of republican and/or local budgets of the current financial year signs contracts of guarantee in case of further compensation of means from republican and/or local budgets by authorized body on entrepreneurship / local executive body of area (the capital, the cities of republican value) of no more than 10% of amount of expenses of the budget program for the current financial year for the approved (specified) budget.

The financial agency notifies authorized body on entrepreneurship / local executive body of area (the capital, the cities of republican value) on the signed agreements of guarantee with indication of compensation amount monthly till the 10th for further compensation of means by authorized body on entrepreneurship / local executive body of area (the capital, the cities of republican value) in case of the next refining of the budget.

In case of assignment from republican and/or local budgets in the current financial year compensation under earlier signed agreements of guarantee is in the first place performed, and the remained amount is distributed on new projects.

In case of lack of allocated funds on compensation of earlier signed agreements of guarantee, according to part one of this Item the financial agency stops guaranteeing projects to full recovery of means from republican and/or local budgets.

Paragraph 4. Procedure for provision of portfolio subsidizing of part of rate of remuneration

38. The entrepreneur addresses to BVU/IFI with the request for financing provision.

39. BVU/IFI carries out complex assessment / examination of financial and economic efficiency of the project. In case of acceptance of BVU/IFI of the positive decision on provision of credit/microcredit/financing within portfolio subsidizing, BVU/IFI provides to the financial agency:

1) the copy of the credit agreement / agreement of financing or this on the automated service of the financial agency under the credit agreement / agreement of financing;

2) the letter notification in form according to appendix 3 to these rules (in case of data transmission on the automated service of the financial agency, the letter the notification is not required).

40. When signing the credit agreement / agreement of financing the entrepreneur assumes liability on target use of borrowing facilities. In case of non-execution of this obligation by the entrepreneur:

1) subsidizing stops, the entrepreneur compensates to the financial agency the amount of the paid subsidies;

2) financing terms of the entrepreneur are reviewed according to which the nominal rate of remuneration does not exceed the base rate established by National Bank of the Republic of Kazakhstan and increased by 7 (seven) percent points.

41. BVU open for the financial agency the current account for transfer of the amounts of subsidies.

IFIs which do not have the right of opening and maintaining business bank accounts in coordination with the financial agency determine bank - the payment agent in whom IFI will open the current account for transfer of subsidies.

42. In process of signing of credit agreements / agreements of financing of BVU/IFI the official letter sends to the financial agency document package for implementation of payments taking into account Item 39 of these rules.

Money transfer, provided for subsidizing, is performed by the financial agency on the current account in bank / banke-platezhnom the agent monthly advance payments (once/several times a month) taking into account the payment schedule to the credit agreement / agreement of the financing provided to BVU/IFI taking into account compensation of subsidies for previous periods.

Under this BVUMFO independently calculate the receivable amount of subsidies to obtaining taking into account regulations of these rules, check of the specified calculations by the financial agency is not performed.

After money transfer, provided for subsidizing, the financial agency at the same time notifies BVU/IFI by the direction of the copy of the document on money transfer by e-mail. In the notification the name of BVU/IFI, the region, the name of the entrepreneur, the amount of subsidies and the period for which payment is performed are specified.

43. Money transfer, provided for subsidizing, on projects of entrepreneurs, in case of lowering of the credit rating and other signs of deterioration in financial condition BVU/banka-platezhnogo of the agent (approach of one or several cases), including:

in case of lowering of the credit rating from the international rating agencies it is lower than the level "B" on scale of ratings Standard&Poors;

in case of decrease in value of coefficient of K4 it is lower than the 0,4 level;

in case of violation of prudential standard rates within 2 (two) months in a row, it is performed by the financial agency based on the notification of BVU/IFI on the fact of carrying out complete payment by the entrepreneur on the credit (principal debt, subsidized and not subsidized part of remuneration) or the payments covering the forthcoming obligations of the entrepreneur by subsidized part of remuneration for the short-term period proceeding from payment schedules to the credit agreement / agreement of financing.

In case of correction at BVU/banka-platezhnogo the agent of the indicators stated above transfer by the financial agency of the means provided for subsidizing is performed by advance payments (once/several times a month) taking into account the payment schedule to the credit agreement / agreement of financing.

44. BVU/IFIs based on the notification of the financial agency perform write-off from the current account of the financial agency of the amount of subsidies on projects of entrepreneurs. BVU/bank-platezhny the agent cannot charge off money from general current remaining balance of means on accounts.

At the same time BVUMFO compensates subsidies according to the changed repayment schedules calculated according to partial early repayments within the amount of remaining balance which is not exceeding planned payment according to the payment schedule to the credit agreement / agreement of financing.

45. The entrepreneur makes payment of remuneration of BVU/IFI regarding not subsidized rate of remuneration according to the repayment schedule according to the credit agreement / agreement of financing.

Upon carrying out payment by the entrepreneur of complete payment on credit/microcredit/financing (principal debt and not subsidized part of rate of remuneration) BVU/IFIs perform write-off of money from the current account of the financial agency on account of repayment of subsidized part of rate of remuneration on credit/microcredit/financing of the entrepreneur in case of:

1) availability of funds on the account of the financial agency for repayment date the entrepreneur of planned payment on credit/microcredit / financing of the entrepreneur;

2) receipt of funds from the financial agency after repayment date according to the schedule.

46. In case of write-off of the amounts of subsidies from the current account of the financial agency for repayment of subsidized part of rate of remuneration after 30 (thirty) calendar days from the date of the actual repayment by the entrepreneur of planned payment on credit/microcredit / financing, BVU/IFI pay to the financial agency penalty in the amount of 50 (fifty) MRP.

47. BVU/IFIs shall send the official letter to the financial agency information on the borrower for observance of the requirement for the limit specified in Item 9 of these rules.

48. In case of excess by the borrower of the limit specified in Item 9 of these rules, financing of the project of the borrower is not allowed or the amount of financing is reduced to the level of the set limit.

49. Payment of subsidies by the financial agency BVU/MFO is performed according to the procedures specified in the agreement on portfolio subsidizing of part of rate of remuneration/markup and partial guaranteeing between BVU/IFI and the financial agency.

50. At the same time payment of subsidies by the financial agency BVU/MFO is performed in the presence of means from the corresponding regional coordinator.

In case of lack of means from the budget for subsidizing from the relevant authorized organ / the regional coordinator including in the presence of the subsidizing limit set by the financial agency, the financial agency does not accept from BVU/IFI the documents specified in Item 39 of these rules until receipt of means from the relevant authorized organ / the regional coordinator.

51. In case of deterioration in the indicator of BVU/IFI specified in Item 16 of these rules, the financial agency stops subsidizing of new projects within limit.

52. In case of inappropriate/partial inappropriate use of credit/microcredit/financing the financial agency stops subsidizing of rate of remuneration/markup, at the same time subsidizing stops in proportion to the amount of inappropriate use of credit/microcredit/financing, including in case of independent identification of inappropriate/partial inappropriate use by the financial agency.

53. The termination of subsidizing by the financial agency is performed according to the procedures specified in the agreement on portfolio subsidizing of part of rate of remuneration/markup and partial guaranteeing between BVU/IFI and the financial agency.

54. BVU/IFIs within 5 (five) working days send the notification to the financial agency for consideration of question of the termination of subsidizing in case of establishment of the following facts:

1) inappropriate/partial inappropriate use of credit / microcredit/financing on which subsidizing is performed at the same time subsidizing stops in proportion to the amount of inappropriate use of credit/microcredit/financing;

2) discrepancies of the project and/or entrepreneur to conditions of these rules;

3) arrest of money on accounts of the entrepreneur (except for seizures of money on accounts as measures for providing the claim, on condition of sufficiency of the money on the account in full providing claims), and/or suspensions of account account transactions of the entrepreneur.

55. In case of the termination of subsidizing of part of rate of remuneration on credits/microcredits/financing of BVU/IFI review financing terms according to which the nominal rate of remuneration does not exceed the base rate established by National Bank of the Republic of Kazakhstan and increased by 7 (seven) percent points.

The amount of the subsidies paid by the entrepreneur is subject to return to the budget within 30 (thirty) calendar days from the date of receipt from local executive bodies of details for return of subsidies on condition of complete payment by the entrepreneur of debt to the financial agency, in case of identification of cases:

1) discrepancies of the project and/or entrepreneur to conditions of these rules;

2) inappropriate/partial inappropriate use of credit/microcredit/financing on which subsidizing is performed.

56. Renewal of subsidizing of part of rate of remuneration/markup is performed according to the conditions provided in the agreement on portfolio subsidizing of part of rate of remuneration/markup and partial guaranteeing between BVU/IFI and the financial agency.

57. BVU/IFIs do not charge any fees, charges and/or other payments connected with credit/microcredit/financing, except for:

1) the conditions of crediting/financing connected with change initiated by the entrepreneur;

2) the obligations levied for cause of infringement by the entrepreneur on credit/microcredit/financing.

Chapter 3. Projects implementation monitoring

58. Monitoring of projects implementation of entrepreneurs within these rules is performed by the financial agency according to the Rules of carrying out monitoring approved by the order of the Minister of national economy of the Republic of Kazakhstan of June 1, 2022 No. 41 "About approval of Rules of carrying out monitoring of the projects realized within the national project on development of entrepreneurship for 2021 - 2025" (it is registered in the Register of state registration of regulatory legal acts at No. 28338).

59. Banks/IFIs perform monitoring of the project on compliance to conditions of these rules and the agreement on portfolio subsidizing of part of rate of remuneration/markup and partial guaranteeing between BVU/IFI and the financial agency, namely:

monitoring of target use of the credit/agreement of the financing/microcredit in time no later than 1 (one) from the moment of the conclusion of the credit agreement / agreement of the financing/microcredit;

monitoring of payment discipline (on permanent basis);

monitoring of compliance of the project and (or) the entrepreneur to conditions of these rules and agreements on portfolio subsidizing of part of rate of remuneration/markup and partial guaranteeing in time no later than 1 (one) from the moment of the conclusion of the credit agreement / agreement of the financing/microcredit.

60. The financial agency carries out monitoring in cases:

1) non-executions by the entrepreneur of obligations on repayment of the amount of principal debt according to the credit agreement within 60 (sixty) calendar days (or in other time established by the agreement of guarantee) according to investment projects (to the mixed credit lines on investment tranches);

2) identifications of inappropriate use of borrowing facilities of BVU/IFI independently according to subitems 1) and 2) Item 54 of these rules on condition of the direction of the notification to the financial agency.

On projects of portfolio subsidizing of part of rate of remuneration and partial guaranteeing by the financial agency selective monitoring is carried out.

Chapter 4. Transitional provisions

61. The projects approved within earlier adopted agendas of support of entrepreneurship act on earlier approved conditions.

In case of change of other financing terms project compliance to the operating conditions of these rules is provided.

Appendix 1

to Rules of provision of portfolio subsidizing of part of rate of remuneration and partial guaranteeing on the credits/microcredits of subjects small, including microentrepreneurships

List of priority types of economic activity

Code of the General qualifier of types of economic activity	Name
1	2
1. In processing industry
10	Production of food
11:06	Malt production
11:07	Production of soft drinks, mineral waters and other waters in bottles
13	Production of textile products
14	Production of clothes
15	Production of the leather and relating to it products
16	Production of wooden and pith products, except furniture; production of products from straws and materials for weaving
17	Production of paper and paper products
18	Printing activities and reproduction of the written-down data carriers
20	Production of products of the chemical industry
21	Production of the main pharmaceutical products and pharmaceutical medicines
22	Production of rubber and plastic products
23	Production of other not metal mineral products
24	Metallurgical production *
25	Production of finished metal goods, except machines and the equipment
26	Production of computers, electronic and optical equipment
27	Production of the electric equipment
28	Production of the machines and the equipment which is not switched on in other groups
29	Production of cars, trail cars and semitrailer trucks
30	Production of other vehicles
31	Production of furniture
32	Production of other finished products
33	Repair and installation of machines and equipment
2. On services and other types of activity
Rural, forest and fishery
01	Crop production and livestock production, hunting and rendering of services in these areas, except for 01.11 "Cultivation grain (except rice), bean and oil-bearing crops"
03	Fishery and fish breeding
Mining industry and development of pits
08.12.1	Development gravel and sandpits
09	Provision of services in the mining industry
Supply with the electric power, gas, vapor, hot water and the conditioned air
35.11.2	Production of electricity by hydroelectric power stations
35.11.4	Production of electricity by wind power stations
35.11.5	Production of electricity by solar power stations
35.11.9	Production of electricity by other power plants
Water supply; water disposal; collection, processing and waste disposal, activities for liquidation of pollution
38	Collection, processing and waste disposal; utilization (recovery) of materials
39	Activities for liquidation of pollution and other services in the field of waste disposal
Transport and warehousing
49.3	Activities of other passenger land carriage **
49.41	Activities of load road transport
50	Activities of water transport
52	Warehousing of freights and auxiliary transport activities
Provision of services on accommodation and food
55.10	Provision of services by hotels and similar places for accommodation
55.20	Provision of housing for the weekend and other periods of short-term accommodation ***
55.30	Provision of services by campings, parking for motor vans and trailers for housing
Information and communication
58	Publishing activities
59.14	Activities for display of movies
61	Telecommunications
62	Computer programming, the consulting and other accompanying services
Real estate transactions
68.20.1	Lease and management of own real estate ****
68.20.2	Lease (sublease) and operation of the leasable real estate *****
Professional, scientific and technical activity
75	Veterinary activities
Education
85	Education
Health care and social servicing of the population
86	Activities in the field of health care
87	Provision of social services with ensuring accommodation
88	Provision of social services without ensuring accommodation
Art, entertainments and rest
93.1	Activities in the field of sport

* except for production of cast iron, steel and ferroalloys (code of the General qualifier of types of economic activity (further – OKED) "24.10"), nuclear fuel reprocessing (code of OKED "24.46"), cast iron casting (code of OKED "24.51"), steel casting (code of OKED "24.52")

** except for activities for the OKED 49.32 code "Activities of taxi" (except for the "green" projects and projects directed to acquisition of cars of domestic manufacturers worth no more than 10 (ten) million tenges for 1 (one) unit)

*** except for apartments, apartments and apartment houses

**** the OKED this code provides lease of storage facilities and storage areas

***** the OKED this code provides lease (sublease) of storage facilities and storage areas

Appendix 2

to Rules of provision of portfolio subsidizing of part of rate of remuneration and partial guaranteeing on the credits/microcredits of subjects small, including microentrepreneurships

List of priority types of economic activity

Code of the General qualifier of types of economic activity	Name
1	2
1. In processing industry
10	Production of food
11:06	Malt production
11:07	Production of soft drinks, mineral waters and other waters in bottles
13	Production of textile products
14	Production of clothes
15	Production of the leather and relating to it products
16	Production of wooden and pith products, except furniture; production of products from straws and materials for weaving
17	Production of paper and paper products
18	Printing activities and reproduction of the written-down data carriers
20	Production of products of the chemical industry
21	Production of the main pharmaceutical products and pharmaceutical medicines
22	Production of rubber and plastic products
23	Production of other not metal mineral products
24	Metallurgical production *
25	Production of finished metal goods, except machines and the equipment
26	Production of computers, electronic and optical equipment
27	Production of the electric equipment
28	Production of the machines and the equipment which is not switched on in other groups
29	Production of cars, trail cars and semitrailer trucks
30	Production of other vehicles
31	Production of furniture
32	Production of other finished products
33	Repair and installation of machines and equipment
2. On services and other types of activity
Rural, forest and fishery
01	Crop production and livestock production, hunting and rendering of services in these areas, except for 01.11 "Cultivation grain (except rice), bean and oil-bearing crops"
03	Fishery and fish breeding
Mining industry and development of pits
08.12.1	Development gravel and sandpits
09	Provision of services in the mining industry
Supply with the electric power, gas, vapor, hot water and the conditioned air
35.11.2	Production of electricity by hydroelectric power stations
35.11.4	Production of electricity by wind power stations
35.11.5	Production of electricity by solar power stations
35.11.9	Production of electricity by other power plants
Water supply; water disposal; collection, processing and waste disposal, activities for liquidation of pollution
38	Collection, processing and waste disposal; utilization (recovery) of materials
39	Activities for liquidation of pollution and other services in the field of waste disposal
Wholesale and retail trade; car repairs and motorcycles
45.2	Maintenance and car repairs
Transport and warehousing
49.3	Activities of other passenger land carriage **
49.41	Activities of load road transport
50	Activities of water transport
52	Warehousing of freights and auxiliary transport activities
53	Post and express activities ***
Provision of services on accommodation and food
55.10	Provision of services by hotels and similar places for accommodation
55.20	Provision of housing for the weekend and other periods of short-term accommodation ****
55.30	Provision of services by campings, parking for motor vans and trailers for housing
Information and communication
58	Publishing activities
59.14	Activities for display of movies
61	Telecommunications
62	Computer programming, the consulting and other accompanying services
Real estate transactions
68.20.1	Lease and management of own real estate *****
68.20.2	Lease (sublease) and operation of the leasable real estate ******
Professional, scientific and technical activity
69.2	Activities in the field of financial accounting and audit; consultation on the taxation
71	Activities in the field of architecture, engineering researches; technical testing and analysis
72	Research and development
74	Other professional, scientific and technical activity
75	Veterinary activities
Activities in the field of administrative and support service
81	Activities for servicing of buildings and improvement of the territories
Education
85	Education
Health care and social servicing of the population
86	Activities in the field of health care
87	Provision of social services with ensuring accommodation
88	Provision of social services without ensuring accommodation
Art, entertainments and rest
91	Activities of libraries, archives, museums and other activities in the field of culture
93	Activities in the field of sport, the organization of rest and entertainments *******
Provision of other types of service
95	Repair of computers, objects of private consumption and household goods
96.01	Washing and (chemical) cleaning of textile and fur products

*** except for the activities relating to the sphere of natural monopolies

**** except for apartments, apartments and apartment houses

***** the OKED this code provides lease of storage facilities and storage areas

****** the OKED this code provides lease (sublease) of storage facilities and storage areas

******* except for discos and karaoke

Appendix 3

to Rules of provision of portfolio subsidizing of part of rate of remuneration and partial guaranteeing on the credits/microcredits of subjects small, including microentrepreneurships

Form

in the autonomous area "Fund of development

entrepreneurships "Lady"

Letter notification

Within the signed Agreement on portfolio subsidizing of part of rate of remuneration and partial guaranteeing between JSC Fund of Development of Entrepreneurship Damu (further – fund) and JSC _________________ (to specify the bank name of the second level (further – bank) ___ from "_____" __ years we report No. to ___________ 20 that the bank considered and approved the request of the individual entrepreneur / partnership with limited responsibility / joint-stock society / peasant economy (IP/TOO/AO/KH) "___________________" (including co-borrowers on the credit are specified) on the following usloviyakh*:

Agreement of bank loan / Agreement of financing **
Business and Identification Number / Individual Identification Number (BIN/IIN) of the borrower
Legal address and actual address (in the presence) borrower
Registration date (IP/TOO/AO/KH)
Bank name
Account number of the borrower
Code of the beneficiary (KBE)
Date of filing of application in bank
Date of the decision of authorized body of bank
Program of funding
Purpose of credit/microcredit/financing
The amount of credit/microcredit/financing for date of the conclusion of this agreement
Currency of credit/microcredit/financing
The term of credit/microcredit/financing (in months, with indication of end date)
Rate of remuneration of credit/microcredit/financing
Financing industry
The guarantee size (with indication of % of credit amount)
Guarantee period (with indication of end date)
Mortgage providing on the credit (except guarantee of fund); name, address, market and mortgage value
The place of project implementation (area, with obligatory specifying of the city/area)

* inclusion of conditions in tabular form is allowed

** the copy is attached

Yours faithfully,

___________ _____________ _____________________________________
(position) (signature) (surname, name, middle name (in case of its availability)

Appendix 4

to Rules of provision of portfolio subsidizing of part of rate of remuneration and partial guaranteeing on the credits/microcredits of subjects small, including microentrepreneurships

Form

Name of the guarantor:

Joint-stock company "Fund of development

entrepreneurships "Lady"

Address: _______________________

To whom: ________________________

(full name and

details of bank/IFI)

Warranty obligation No. ____

city ____________

"____" ___________ 20 ___ year

In view of conditions of these rules of provision of portfolio subsidizing of part of rate of remuneration and partial guaranteeing on the credits/microcredits of subjects small, including microentrepreneurships (further – Rules), and also, considering that _______ "_______" (further – the borrower) concluded with JSC _______ (further – Bank/IFI) the credit agreement / agreement of financing No. ___ from "_____" ______ 20 __ years (the complete name of the agreement and its details) (further – the credit agreement / agreement of financing are specified) on the following main conditions:

1) amount of credit/microcredit/financing ____________________;

2) remuneration rate on the credit/markup on goods constituting the income of Islamic bank _________________;

3) the term of credit/microcredit/financing ___________ (in months);

4) the purpose of credit/microcredit/financing _________, confirms with this JSC Fund of Development of Entrepreneurship Damu that it is guarantor under the above-stated credit agreement / agreement of financing and undertakes the obligation to pay Bank/IFI according to his / her requirement the amount equal to remaining balance of the principal debt, without the amount added remunerations/markups, the commissions, penalty, penalty fee, penalties, legal costs on debt collection, other losses of Bank/IFI caused by non-execution and (or) improper execution by the borrower of obligations under the credit agreement / agreement of financing.

The guarantee is subject to execution only in case of non-execution by the borrower of obligations on return of the amount of principal debt under the credit agreement / agreement of financing.

Responsibility of the guarantor to Bank/IFI is limited to the guarantee amount in the amount of ____ (________) tenge (rounding of the amount is performed according to rules of mathematical rounding) that constitutes _____ % of the amount of credit/microcredit/financing.

In case of repayment / partial repayment of principal debt under the credit agreement / agreement of financing responsibility of the guarantor decreases by the amount equal to repayment sum of principal debt.

The size of obligations of the guarantor on guarantee decreases by the amount of the requirement performed by the guarantor.

The guarantee is subject to execution within 20 (twenty) working days from the date of receipt of the original of the written requirement of Bank/IFI of payment with appendix of originals of the documents confirming what the borrower did not perform / in an inadequate way fulfilled the obligation on repayment of principal debt under the credit agreement / agreement of financing, and other documents provided by the agreement on portfolio subsidizing and guaranteeing No. ___ from "___" ___________ 20 ___ years, concluded between the guarantor and Bank/IFI (further – the Agreement).

The guarantee is subject to execution only in case of observance of all requirements and conditions provided by the Agreement.

This warranty obligation becomes effective from the moment of its signing and is effective on "___" with ___________ 20 ___ years inclusive, expires completely and automatically irrespective of, this document will be returned to us or not. At the same time your written requirement shall be received by us no later than 16:00 hours on time of the city of Astana in the above-stated day.

All rights and obligations arising between the guarantor, Bank/IFI and the borrower (further – the parties), including without limitation, procedure for presentation and execution of guarantee, procedure for transition of the rights of requirements for the credit agreement / agreement of financing from Bank/IFI to the guarantor, the bases of the termination of guarantee and responsibility of the parties in connection with this warranty obligation, are regulated by the legislation of the Republic of Kazakhstan, Rules, the Agreement.

______________________________

(signature of the first head)

Appendix 4

Rules of subsidizing of part of rate of remuneration

Chapter 1. General provisions

1. These rules of subsidizing of part of rate of remuneration (further – Rules of subsidizing) are developed according to Item 2 of article 94 of the Entrepreneurial code of the Republic of Kazakhstan (further – the Code) and determine conditions, the mechanism and procedure for subsidizing of part of rate of remuneration on the credits of banks of the second level / to the microcredits of the microfinancial organizations / to agreements of financial leasing of leasing companies to subjects of entrepreneurship.

2. Subsidizing of part of rate of remuneration is performed on:

1) to the credits/microcredits/agreements of financial leasing of entrepreneurs issued by banks of the second level / the microfinancial organizations / leasing companies;

2) to the credits of entrepreneurs issued by banks of the second level for the purposes of implementation of "green" projects.

3. In these rules of subsidizing the following basic concepts are used:

1) replenishment of current assets – the purpose of the credit of the entrepreneur connected with the declared activities of the entrepreneur and the excluding payment of the tax liabilities, pension and social assignments, customs payments / charges / duties;

2) information system – the organizational ordered set of the information and communication technologies, service personnel and technical documentation realizing certain technological actions by means of information exchange and intended for the solution of specific functional objectives;

3) special finance company – the legal entity created according to the Law of the Republic of Kazakhstan "About project financing and securitization" for implementation of transactions of project financing and securitization in advantage to which rights to claim are yielded;

4) the subject of social entrepreneurship – the individual entrepreneurs and legal entities (except for subjects of big business) included in the register of subjects of social entrepreneurship;

5) bank – the bank of the second level performing activities within implementation of these rules of subsidizing;

6) agent bank – the bank of the second level acting as the representative of interests of creditors on syndicated loans who is part of syndicate and/or at the same time is creditor bank;

7) bank - the payment agent – the authorized bank of the leasing company / the microfinancial organization which is approved with the financial agency and performs functions on maintaining the special account of the leasing company / the microfinancial organization intended for transfer and write-off of subsidies on projects;

8) bank loan (further – the credit) – the amount of money provided by bank based on the agreement of bank loan to the entrepreneur on the terms of urgency, the paid nature, recoverability, security and target use;

9) the agreement of bank loan – the written agreement signed between bank and the entrepreneur under the terms of whom the bank grants the loan to the entrepreneur (the agreement on opening of credit line also belongs to the agreement of bank loan);

10) the statement of bank / leasing company – the statement of bank / leasing company about accession to the agreement of accession;

11) the allocated assets – the rights to claim yielded to special finance company in transactions of project financing and securitization, the money on accounts in bank custodian received on the rights to claim yielded to it, the financial instruments acquired by special finance company as a result of investment of the specified money, the money received as a result of sale of financial instruments and also the property and property rights arising during creation of collateral security;

12) development bank – Development Bank of Kazakhstan joint-stock company and (or) its affiliated leasing company;

13) "green" projects – the projects directed to increase in efficiency of use of the existing natural resources, decrease in level of negative impact on the environment, increase in energy efficiency, energy saving, mitigation of the consequences of climate change and adaptation to climate change determined on the basis of the approved classification (taxonomy) according to the ecological legislation of the Republic of Kazakhstan;

14) "green" taxonomy – the classification of the "green" projects which are subject to financing through "green" bonds and the "green" credits, developed by authorized body in the field of environmental protection and approved by the order of the Government of the Republic of Kazakhstan of December 31, 2021 No. 996 "About approval of classification (taxonomy) of the "green" projects which are subject to financing through "green" bonds and the "green" credits" (further – the Resolution);

15) the project (business project) – set of the actions and actions performed by the entrepreneur as the initiative activities directed to income acquisition and which are not contradicting the legislation of the Republic of Kazakhstan within activities on which the state financial support is provided (within one project possibly receipt of several bank credits / making of leasing transactions);

16) project implementation – set of the actions and actions performed by the entrepreneur and directed to goal achievement and the conditions determined by the decision of the financial agency including goods availability at the exit rendering services, use of subject of leasing; on the projects approved on acquisition and (or) construction and (or) upgrade and (or) reconstruction and (or) capital repairs of fixed assets – availability of the act of commissioning and implementation of the declared activities of the entrepreneur according to the decision of the financial agency;

17) investments – acquisition and (or) construction and (or) upgrade and (or) reconstruction and (or) capital repairs of fixed assets, acquisition of biological and (or) intangible assets. The tax expenses on value added included in the cost of the main means / tangible assets according to accounts for payment, connected with the purposes specified in this determination also belong to investments;

18) the entrepreneur – the subject of small, medium and (or) big business, the subject of social entrepreneurship, including the subject of private entrepreneurship having the status of the acting subject of entrepreneurship and performing the activities within these rules of subsidizing and also the legal entities registered in the territory of the International financial center "Astana";

19) the statement of the entrepreneur – the statement of the entrepreneur for accession to the agreement of accession;

20) earlier adopted agenda of support of entrepreneurship / earlier adopted agendas of support of entrepreneurship – The state program of support and business development the "Road map of business-2020" approved by the order of the Government of the Republic of Kazakhstan of August 25, 2018 No. 522, the State program of support and business development "The road map of business-2025", approved by the order of the Government of the Republic of Kazakhstan of December 24, 2019 No. 968, the National project on development of entrepreneurship for 2021 - 2025 approved by the order of the Government of the Republic of Kazakhstan of October 12, 2021 No. 728, the Mechanism of crediting and financial leasing of priority projects, approved by the order of the Government of the Republic of Kazakhstan of December 11, 2018 No. 820;

21) the complex entrepreneurial license (further – franchizing) – business activity in case of which the owner of complex of exclusive rights presents him in use on paid basis to other person;

22) target use of the credit/microcredit/agreement of financial leasing – use by the entrepreneur of the credit/microcredit/leasing received under the agreement to the loan/agreement under the microcredit/contract of financial leasing for the purposes corresponding to conditions of these rules of subsidizing (target use is confirmed by the relevant documents which in total confirm payment, obtaining and use by the entrepreneur in full of assets/works/services and (or) achievement of other purposes, in accordance with the terms of these rules of subsidizing);

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