New business can be registered in 15 minutes in Kazakhstan

"Entrepreneurship Support centers are opened in all the regions of the country and jointly with the National Entrepreneurship Chamber render a wide range of services, from training to starting new business. People can actually register their business in 15 minutes there. Besides, specialists of the center will help to prepare a business-plan for free," he noted.

Moreover, he informed that in order to support and develop entrepreneurship, "Damu" Fund jointly with the Astana administration developed a program titled "Astana-Damu-ZhasStarT". The program is aimed at rendering support and assistance to young entrepreneurs in different spheres of the economy.

The amount of a loan for them will be KZT 20 mln with the 7% annual interest rate.