Reviews

Astana Hub marks eight years and drops three companies after reporting check

Laptop showing an IT product's work interface next to a financial report, illustrating the income of technology companies

Illustration: AI

Astana Hub participants have earned $6.7 billion since 2019, and startups have raised more than $2 billion in investment. The cluster reported these figures for its eighth anniversary (astanahub.com). At the same time, Astana Hub finished checking participants’ 2025 reports: three companies lost their status (t.me).

Eight years in numbers

Astana Hub turned eight on November 6. By that date the cluster had 2,700 companies, including 560 with foreign participation. Participants’ IT services exports reached $2.4 billion.

The $6.7 billion is the participants’ combined income since 2019, not revenue for a single year.

Check of 2025 reporting

Astana Hub’s monitoring office reviewed participants’ audit reports and opinions for 2025. It checked whether their activity meets the participation terms and whether income from IT activities is confirmed.

Some companies were found to have income from non-priority activities, insufficient proof of revenue or no mandatory reports at all. After further review, three companies lost their participant status.

How to prepare 2026 reporting

The annual income threshold above which a company must submit an audit report and/or opinion has been raised. It used to be 100 million tenge. Now it is 300,000 monthly calculation indices, or MCI.

When preparing 2026 reports, Astana Hub recommends showing total income and income from priority activities separately. Companies should also explain their revenue sources and monetization model, meaning what they get paid for.

Amounts should be backed by contracts, acceptance certificates and other primary documents.

Понравился материал? Поделитесь с другими:

Picture of Раимбек Искендиров
Раимбек Искендиров
Picture of Раимбек Искендиров
Раимбек Искендиров

Похожие материалы

Close-up of a microloan agreement beside a license revocation document, with no fictitious MFO names or personal data.

Reviews

99 microfinance firms lose their licenses in Kazakhstan over three years, but borrowers still owe their debts

Kazakhstan stripped 99 microfinance firms and 13 credit partnerships of their licenses in three ...
A loan agreement beside a calculator and two repayment charts, highlighting the comparison between monthly payments and the total amount repaid.

Reviews

How to lower your loan payment in Kazakhstan

Loan refinancing can lower monthly payments but increase the total cost. Learn how to ...
An Almaty resident aged around 40 reviews financial documents at a table in an apartment, with an open laptop nearby. Natural daylight and an ordinary home setting, with no text, logos or readable dat

Reviews

Pension savings in Kazakhstan: who will have access to three strategies

Pension savings in Kazakhstan: who can choose three investment strategies, how to switch portfolios ...

Читайте нас в Telegram и Instagram

Подписывайтесь на наши каналы, чтобы первыми получать самые свежие новости казахстанской IT-индустрии, анонсы грантов, стажировок и эксклюзивные интервью.