On 19 December 2015, Law No. 438-V entered into force, which establishes the Astana International Financial Center in Astana, Kazakhstan. The law provides for an exemption from corporate income tax, property tax and land tax for companies established in the Financial Centre that provide specified financial services, as well as an individual income tax exemption for foreign persons employed by such companies. It also provides for an exemption from individual and corporate income tax on capital gains and dividends derived by owners of shares in companies established in the Financial Center. Under the law, the exemptions will apply through 1...