1.
Legal company name : KPMG International Limited
2.
Postal address: 15
Canada Square, London, E14 5GL, United Kingdom
3. Country of origin: The Netherlands
4.
General characteristics of the activities:
KPMG
is a global network of independent member firms comprising of more than 273,000
people in 155 countries providing audit, tax, and advisory services to clients,
including business corporations, governments, public sector agencies, and
not-for-profit organizations.
5.
Information about the implementation of investment
projects in Kazakhstan, indicating the period of investment activity in the
territory of the Republic of Kazakhstan:
KPMG,
with a strong presence in Kazakhstan since 1996 and offices in Almaty and
Astana, employs nearly 900 professionals and is a key player in the country's
investment sector. Besides its role in mergers & acquisitions and as a
consultant for Samruk-Kazyna, KPMG is also renowned for its auditing services.
The firm serves as an auditor for many of Kazakhstan's major companies,
maintaining a base of loyal clients.
In
addition to its auditing services, KPMG has been instrumental in facilitating
the Initial Public Offerings (IPOs) of portfolio companies of Samruk-Kazyna,
Kazakhstan's sovereign wealth fund. Through organizing meetings with potential
investors in global financial centers, KPMG has significantly contributed to
the successful privatizations over the past 24 months. This showcases KPMG’s
vital role as a "gatekeeper for inbound investors," enhancing Kazakhstan’s
investment and business landscape.
6. Volume of direct
investments in the economy of the Republic of Kazakhstan:
Over the 15-year period from 2007 to 2022, KPMG has invested more than USD 200 million in Kazakhstan’s economy. These included the introduction of new technologies in the country, training local employees in advanced accounting practices, business process automation, economic calculations, and conducting mergers and acquisitions transactions. A significant portion of this investment was also used for hiring, compensating, and providing rewards to Kazakhstani employees who were involved in implementing diverse projects. These projects ranged from the IPOs of large Kazakhstani companies to setting up accounting systems for local businesses and collaborating on various reforms with Development Banks, all contributing to the multiplier effect on Kazakhstan's economy.
7. Total turnover, volume of
production in the territory of Kazakhstan:
Cumulative
turnover is measured in gross sales of professional audit, tax, and advisory
services provided in Kazakhstan, and stood at more than USD 400 million over
the period from 2007 to November 2022.
8.
Revenues to the state budget of the Republic of
Kazakhstan from the activities of the international organization/foreign
company:
Over
the 15-year period from 2007 to 2022 KPMG paid over USD 67 million in taxes to
the federal state budget.
9. Participation in the
activities of the Council's joint working groups:
•
Saken
Zhumashev, Managing Partner & CEO of KPMG Caucasus and Central Asia –
participates in the Council as the foreign side Co-Chairman of the
Digitalization Working Group;
•
Gabit
Musrepov, Partner, Consulting – participates in the Energy Working Group.
•
Vyacheslav
Sosnovskiy, Partner, Tax&Legal – participates in the Investment Policy
Working Group.
10. Participation of the
international organization/foreign company in solving social and environmental
problems of the Republic of Kazakhstan, sponsorship, and charitable activities
in the territory of the Republic of Kazakhstan:
Corporate
Social Responsibility is one of the key integrated business activities of KPMG
in Kazakhstan. Since its first year of operations in the country, KPMG has been
an active supporter of educational and cultural development within the country.
The
social projects we have been involved in include a joint project with Dara
Foundation for visually disabled children. KPMG sponsored several training
sessions for 70 teachers from across Kazakhstan and purchased special equipment
for inclusive classes in schools in Nur-Sultan, Aktau, and Aktobe, including
equipment that facilitates the social and domestic adaption of visually
impaired children.
In
addition to that, three times a year, KPMG employees take active participation
in charity marathons in Astana and Almaty aimed at developing popular sports,
promoting healthy lifestyles, and contributing to charity projects.
11. The number of the
Kazakhstan employees, indicating the percentage of their number to the total
number of employees of the company and measures to improve their skills:
More
than 800 Kazakhstani employees are currently working in the offices located on
the territory of Kazakhstan. The percentage of the number of Kazakhstani
employees is 97%. Each KPMG employee is provided with equal opportunities for
training programs and professional development in alignment with the company
development policy.
The
company also invests in high-ranking international certificates such as ACCA,
CPA, CIA, CFA, PHP, CISA, TOGAF 9, etc.
12.
Information about participation in perfection of the
investment image of the Republic of Kazakhstan abroad:
KPMG
has significantly contributed to improving Kazakhstan's investment image abroad
through its expertise in tax policy and industry-specific consultancy. The firm
addresses key taxation issues that affect foreign investment, such as double
taxation treaties and royalty taxation, aiming to foster a transparent and fair
tax environment. These efforts are integral in building trust between the
Kazakhstani government and international businesses, enhancing the country's
appeal as an investment destination.
Additionally, KPMG's deep involvement across various sectors in Kazakhstan, including financial services, oil and gas, and real estate, further bolsters the nation's investment profile. By assisting companies to navigate operational and regulatory challenges, KPMG not only aids these sectors but also contributes to the broader perception of Kazakhstan as an attractive and efficient place for business and investment.