- The Ministry of National Economy of Kazakhstan plans to gradually raise the standard VAT rate from 12% to 16% starting in 2025.
- This change is aimed at creating a more level playing field for Kazakhstani businesses compared to their European Union and neighboring country competitors.
- Increasing the VAT rate will help reduce uncompetitive prices for foreign exporters.
Source 1stopvat
Latest Posts in "Kazakhstan"
- Foreign Online Orders Over €200 to Be Taxed at 5% Duty and 12% VAT in EAEU
- Briefing document & Podcast: Kazakhstan Advances E-Invoicing and E-Reporting Mandate: Key Details for 2026 Implementation
- Kazakhstan Proposes Major E-Invoicing Amendments: New Requirements and Obligations for Taxpayers
- List of Medicines and Medical Services Exempt from VAT under GOBMP and OSMS in Kazakhstan
- Businesses Must Choose: B2C Without VAT or B2B With VAT, Says Zhumangarin
