E-invoicing in Kazakhstan is regulated by the Law of the Republic of Kazakhstan “On Electronic Document and Electronic Digital Signature” and the Code of the Republic of Kazakhstan “On Taxes and Other Mandatory Payments to the Budget” (Tax Code). The e-invoicing system in Kazakhstan is implemented through the national electronic platform called the “Unified Electronic Invoice System” (UEIS).
Here is a brief overview of how e-invoicing works in Kazakhstan:
- Registration: All taxpayers who want to use the UEIS must register on the system.
- Invoice issuance: The seller creates an electronic invoice on the UEIS and sends it to the buyer.
- Invoice receipt: The buyer receives the invoice electronically and verifies the accuracy of the details.
- Payment: Once the invoice is verified, the buyer makes the payment to the seller.
- Reporting: The transaction is reported to the tax authority through the UEIS.
- Archiving: Both the buyer and seller must archive the electronic invoice for a specified period of time.
The UEIS also provides additional features such as automated invoice processing, integration with accounting systems, and real-time monitoring of transactions. The system is designed to improve the efficiency of tax administration, reduce the risk of tax fraud, and enhance the overall business environment in Kazakhstan.
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Are You Ready to Kazakhstan E-Invoice Transition? (March 2023)
- Kazakhstan ESF/SNT/VWH System
- Local and global companies can now conduct transactions in Kazakhstan through a web-based portal called Electronic Invoice Information System (IS ESF).
- IS ESF consists of three main modules:
- Virtual Warehouse (VWH), SNT, and ESF.
- The VWH module requires companies to display their goods in virtual warehouses, with plans to restrict the sale of goods not listed.
- The SNT module records the waybills of goods movements, and the ESF module records invoices issued to customers.
- The use of the IS ESF-VWH-SNT system was planned to be mandatory in Kazakhstan as of April 2022.
Webinar: Kazakhstan E-Invoicing (ESF) E-Delivery (SNT) Virtual Warehouse (VWH) Processes
