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What is Factoring and why do Large Companies need it?

The companies that actively buy services or goods in Kazakhstan and abroad, but do not always have free money to pay for the purchase, can count on factoring.

By its nature, this banking service is one of the types of financing. The bank provides funds to repay the debt of the buying company to the selling company, i.e. this is a triangular transaction where the bank acts as an intermediary.

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Что такое факторинг и почему он нужен крупным компаниям?

Компании, которые активно покупают услуги или товары в Казахстане и за рубежом, но не всегда имеют свободные деньги для оплаты покупки, могут рассчитывать на факторинг.

По своей сути данная банковская услуга является одним из видов финансирования. Банк предоставляет средства для погашения задолженности компании-покупателя перед компанией-продавцом. Т.е. это трехсторонняя сделка, в которой банк выступает в роли посредника.

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DELOITTE: Kazakhstan has signed the OECD Convention preventing businesses from evading taxes. How does it work?

Kazakhstan has signed the OECD Convention preventing businesses from evading taxes. How does it work? Deloitte expert, Liliya Kalbaуeva  shares her opinion with Informburo.kz

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DELOITTE: Certificate of taxes paid in Kazakhstan by overseas nationals

Madina Abisheva, Tax and Legal Department Senior, explains to Forbes.kz about certificates of taxes paid in Kazakhstan by overseas nationals. As the number of overseas nationals working in Kazakhstan continues to grow, the issue of confirming taxes paid in Kazakhstan is becoming more and more topical.

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DELOITTE: Deloitte talking. Listen and benefit!

Legislative amendments are becoming more and more frequent, and quite often a key to a successful business is knowledge and a practical understanding of the latest legislative updates, business processes and procedures. The Deloitte corporate podcasts provide a brief analysis of the hottest legal, taxation, customs regulation and other current issues for the business community. Our experts can help you turn the complex into something much simpler through high-quality analysis in a simple and easily understandable format. Please take a listen to the Deloitte podcasts by clicking on the links below.

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