New Tax Code of the Republic of Kazakhstan – 2025: what to expect

• Vice Minister of National Economy Azamat Amrin announced changes to the Tax Code on June 27, 2024, including reducing the number of taxes and tax reporting forms, and introducing a “service approach” to the tax administration system.
• The emphasis will be on notification procedures instead of control and punitive measures, with “soft support” provided at all stages of the enterprise’s life cycle.
• Administrative liability for late reporting will be excluded, and inactive individual entrepreneurs will be closed after 1 year with appropriate notification.
• The “one-stop shop” principle will be used to close legal entities, requiring only an application to the justice authorities.

Source: uchet.kz

See also

No VAT thresholds under the general regime – what is the Tax Code preparing?

• Experts criticize some of the proposed innovations in the new Tax Code.
• The threshold for VAT accounting was set at 2 billion tenge, but by the end of the period, the number of registered entities increased to 30 thousand.
• The Entrepreneurial Code states that medium-sized businesses can have a turnover of up to 10 billion tenge, but the proposed reduction to 500 million tenge is criticized.
• There are no VAT thresholds under the proposed new general tax regime, and enterprises with an income of 10 thousand tenge are required to register as VAT payers.
• The draft Tax Code of the Republic of Kazakhstan has been submitted for discussion.

Draft Tax Code 2025 in English (unofficial translation)

 

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