Abstract
The article discusses the issues of state support for small and medium-sized businesses in the Republic of Kazakhstan. Paying attention to the consideration of the issue of how the legislator's approaches have changed to which entity can be classified as small businesses, and which can be classified as medium or large businesses, and what criteria to use in this case, the author provides a list of entities currently classified in these categories. The author concludes that according to the legislative concept, individual entrepreneurs can be both small and medium-sized businesses, while large-scale businesses can only be legal entities, and also draws special attention to the fact that for microenterprise entities and for large-scale businesses, only one criterion can be applied, either quantitative or qualitative, and for small and medium-sized businesses - quantitative and qualitative criteria are applied together. It is also considered as one of the main directions of the State Program for Business Support and Development "Business Roadmap 2020" measures to support business initiatives of entrepreneurs in single-industry towns, small towns and rural settlements. The author also notes that Kazakhstan currently does not have a special state body in the field of state support for small businesses, but there are many different bodies and associations whose functions include the development of entrepreneurship in general and concludes that such an approach is unlikely to contribute to the development of small businesses, which without the provision of state support measures simply will not be able to function normally and will be doomed to liquidation and termination of activities.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.