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Published: 17 September 2019

The activities of insurance companies are regulated by the Law on Insurance Activities of the Republic of Kazakhstan dated December 18, 2000 No. 126-II . The National Bank of the Republic of Kazakhstan carries out a supervisory function in the insurance market, issues licenses, and also tracks industry statistics.

EXPORT INSURANCE COMPANY “KAZAKHEXPORT”

“Export Insurance Company KazakhExport” JSC, a subsidiary of Baiterek National Management Holding JSC, is the only specialized insurance organization that performs the functions of an export credit agency of the Republic of Kazakhstan.

“KazakhExport” was created by Resolution of the Government of the Republic of Kazakhstan dated May 12, 2003 No. 442 as one of the new development institutions, whose mission is to support the growth of exports of non-commodity goods, works and services in priority sectors of the economy, as well as to develop the practice of financial insurance and non-financial support for Kazakhstan enterprises.

Functions:

• insurance (reinsurance) of export of non-primary goods and services;
• insurance (reinsurance) of investments abroad.

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Published: 17 September 2019

Development Bank of Kazakhstan JSC

Joint-stock company Development Bank of Kazakhstan was established in accordance with:

• By Decree of the President of the Republic of Kazakhstan N. Nazarbayev dated December 28, 2000 No. 531 “On the Development Bank of Kazakhstan”;
• By the Resolution of the Government of the Republic of Kazakhstan dated May 18, 2001 No. 659 “On the establishment of the Closed Joint Stock Company“ Development Bank of Kazakhstan ”

Status and Mandate: 

• Plays a strategic role in the implementation of the state program of industrialization
• Focuses on lending to strategic investment projects.

Capitalization and access to funding:

• Baa3 (Moody's) / BBB- (Fitch) / BB + (S & P) Credit Ratings
• Regular access to the domestic capital market
• Access to government concessional loans and financing from the state budget
• The total capital adequacy ratio was 18.19% as of December 31, 2017.

Kazakh Export Export Insurance Company JSC

JSC “Export Insurance Company“ Kazakh Export ”was established in 2003 by a Decree of the Government of the Republic of Kazakhstan.

  Status and Mandate:  

• Insurance services for commercial and political risks accompanying the implementation of foreign economic contracts of exporting enterprises of the non-primary sector.

  Capitalization and access to funding:  

• Baa3 (Moody's) Credit Rating
• A cooperation agreement has been signed with Agrarian Credit Corporation JSC, under which the Kazakh Export coverage is accepted as highly liquid collateral
• In 2017, a capital increase of 13.9 billion tenge was obtained in order to ensure financial stability and increase the amount of support provided.

Kazyna Capital Management JSC

Kazyna Capital Management JSC was created in 2007 by the Decree of the President of the Republic of Kazakhstan.

  Status and Mandate:  

• Development of private equity infrastructure in Kazakhstan in order to promote sustainable economic development of Kazakhstan.
• Formation of an independent cluster of management companies and funds for the effective development of private equity in Kazakhstan.

  Portfolio:  

• KKM invests in promising and strategically important private equity funds.
• 13 private equity funds with KKM participation, including 5 active ones.
• 7 funds were created at the initiative of the President and the Government of Kazakhstan.

Kazakhstan Project Preparation Fund LLP

Kazakhstan Project Preparation Fund LLP was established on March 19, 2014 in accordance with the decision of the Coordination Council on PPP under the Government of the Republic of Kazakhstan dated September 3, 2013.

The main goals and objectives of the Fund are to promote investment and economic development by providing services for financing the development of project documentation and advisory support of infrastructure projects, as well as projects in the manufacturing industry.

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Published: 17 September 2019

The state body in the field of technical regulation is the Committee for Technical Regulation and Metrology (CTRM) of the Ministry for Investment and Development of the Republic of Kazakhstan.

The Law of the Republic of Kazakhstan “On Technical Regulation” dated November 9, 2004 No. 603 establishes the legal basis of the state system of technical regulation.

RGP "Kazakhstan Institute of Standardization and Certification" carries out its activities in order to fulfill the tasks of developing and improving the legislative framework and regulatory framework for the technical regulation of the quality and safety of products, works and services in the country and harmonizing them with international requirements.

Standards are applied on a voluntary basis and are developed by the business community, government agencies, and technical standardization committees.

Mandatory requirements for products are set in technical regulations, and methods and methods of production in standards.

National standards are approved by the KTRM. National standards are mandatory if the regulations of the Republic of Kazakhstan contain instructions on this.

In order to fulfill the requirements of technical regulations, a list of standards is approved, as a result of which voluntary compliance with the requirements of technical regulations is ensured.

Information on adopted standards, regulatory technical documents is contained in the Unified State Fund of regulatory technical documents

The rules of accounting and application of international standards, standards of foreign states on the territory of the Republic of Kazakhstan are approved by the order of the acting. Minister of Industry and New Technologies of the Republic of Kazakhstan dated December 27, 2012 No. 491.

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Published: 17 September 2019

How to get the source materials in the development of projects of construction and reconstruction, including architectural planning assignment (APZ) and technical conditions (TU)

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Published: 17 September 2019

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Published: 17 September 2019

Industrial zone - the territory is supplied with utilities provided by the state to private business entities for placement and operation of industrial facilities.

• The provision of land (ZU)
• Providing ready infrastructure
• The possibility of long-term lease or foreclosure of memory on the cadastral value
• The lack of a rigid binding industry
• Investment preferences

Available infrastructure in the territory OF

How to become a member OF

Attachments:

Invest Potential

Details

Published: 17 September 2019

Foreign labor is attracted by employers to work in the Republic of Kazakhstan on the basis of permits to attract foreign labor, issued by the local executive body of the relevant administrative-territorial unit.

Local executive bodies in the territory of the respective administrative-territorial unit issue and (or) extend permits or refuse to issue, renew permits to employers to employ foreign labor to carry out labor activities within the quota distributed by the authorized body on employment of the population, and also suspend and revoke specified permissions.

The permit issued by the local executive body for attracting foreign labor is not transferable to other employers, it acts only in the territory of the respective administrative-territorial unit, except for sending the employer foreign workers, who received permits, on a business trip to enterprises, organizations located in other administrative areas. - territorial units, for a period that does not exceed a total of ninety calendar days within one calendar year Oh yeah.

Permission for employers to employ foreign labor is issued and (or) renewed upon submission of documents and payment of the fee established by the tax legislation of of the Republic of Kazakhstan, in the manner and for the period determined by the authorized body on employment of the population.

The provision of this paragraph regarding the payment of the fee for issuing and (or) renewing the permit to employers for the recruitment of foreign labor does not apply to foreigners and stateless persons working as part of an internal corporate transfer.

Acceptance of the necessary documents, as well as issuing and (or) extending permits to employers to employ foreign labor is carried out by the local executive body in the order of defined by the authorized body for employment of the population, including in electronic form through an information system of permits and notifications.

The number of foreign workers employed by the employer under permits must correspond to the percentage of the number of Kazakhstani personnel determined by the authorized body for employment of the population.

CATEGORIES

In order to determine the procedure and conditions for issuing and (or) renewing permits, the following categories of employees are established:

• the first category - managers and their deputies;
• the second category - heads of structural divisions that meet the qualification requirements, established professional standards, qualification reference book of managers, professionals and other employees, typical qualification characteristics of managers, professionals and other employees of organizations;
• the third category - specialists who meet the qualification requirements, established professional standards, qualification reference book of managers, specialists and other employees, typical qualification characteristics of managers, professionals and other employees of organizations;
• the fourth category - qualified workers who meet the qualification requirements established by professional standards, the Unified Tariff and Qualification Reference Book of works and professions of workers, the tariff and qualification characteristics of workers' professions.

The local executive body issues permits within the quota distributed by the authorized body for employment of the population.

The issuance and (or) extension of permits by the local executive body is carried out under the following conditions:

• the number of citizens of the Republic of Kazakhstan is not less than 70% of the list number of employees belonging to the first and second categories;
• the number of citizens of the Republic of Kazakhstan is not less than 90% of the list number of employees belonging to the third and fourth categories.

The effect of the above rules on issuance and renewal does not apply to:

• small business entities;
• government agencies and enterprises;
• a foreign worker who arrived for self-employment in the Republic of Kazakhstan;
• permits issued within quotas by countries of origin, if international agreements on cooperation in the field of labor migration and social protection of migrant workers ratified by the Republic of Kazakhstan are in place;
• representative offices and branches of foreign legal entities with a staff of no more than 30 people.

If a foreign legal entity-employer, carrying out its activities in the Republic of Kazakhstan without a branch, representative office, sends its employees to the Republic of Kazakhstan under a contract for the performance of works and services, or if the foreign legal entity-employer sends its employees to the Republic of Kazakhstan for the performance of work, the provision of services to a subsidiary, representative office, branch of a foreign legal entity in which such a foreign legal entity is The employer, directly or indirectly, has shares or participation interests, then the authorized person of the receiving party through the information system “State database“ E-licensing ”or in paper form submits to the local executive body at the place of employment of foreign labor force a statement of the established form with the application documents submitted for obtaining permission to attract foreign labor. For the period of performance of work, provision of services labor relations are governed by a document (letter or transfer agreement) agreed between a foreign employee and a foreign legal entity-employer, from which a temporary transfer of a foreign employee is made.

Permission to attract foreign labor is not required for foreign workers who are citizens of the States Parties to the Treaty on the Eurasian Economic Union of May 29, 2014, ratified by the Law of the Republic of Kazakhstan of October 14, 2014.

For issuing and (or) renewing a permit, employers are charged a tax levy according to the size of the fee for issuing and (or) renewing a permit to employ foreign labor in the Republic of Kazakhstan, approved by resolution The Government of the Republic of Kazakhstan of August 18, 2016 No. 459" On setting the rates for the issuance and (or) renewal of permits for attracting foreign labor in the Republic of Kazakhstan"

Permits to attract foreign labor are issued for the period:

• for the first category - on the basis of an application by the employer for one, two or three years, with the right to extend the term of the permit for one, two or three years;
• for the second and third categories - for twelve months, with an extension for a period of twelve months, but not more than three times;
• for the fourth category - for twelve months without the right of renewal;
• for seasonal foreign workers - up to twelve months, without the right to renew.

The decision to issue or refuse to issue a permit is made by the local executive body within seven working days from the date of acceptance of the employer's documents.

The requirements established by the legislation regarding quotas and obtaining deliverables to attract foreign labor force do not apply to foreigners and stateless persons:

1. working in autonomous educational organizations, their organizations, as well as in the "Nazarbayev Foundation" as managers and specialists with higher education;
2. working in state bodies with confirmed documents in the manner established by the Government of the Republic of Kazakhstan;
3. employed by organizations of the Republic of Kazakhstan who concluded in accordance with legislation Of the Republic of Kazakhstan on investments, investment contracts for the implementation of an investment priority project, as well as those working in organizations attracted by these legal entities (or their contractors) as a general contractor, contractor, subcontractor or service provider, in the field of architectural, urban planning and construction activities (including survey and design activities, engineering services), for a period of up to one year after putting the investment activity object into operation taci as managers and specialists with higher education, as well as qualified workers according to the list of professions and numbers determined in investment contracts for the implementation of an investment priority project;
4. working in the autonomous cluster fund of the special economic zone "Park of innovative technologies" at the positions of managers and specialists with higher education;
5. working in organizations engaged in organizing and conducting an international specialized exhibition in the Republic of Kazakhstan;
6. who are participants or employees of participants of the international specialized exhibition in the Republic of Kazakhstan;
7. working in legal entities that are members of special economic zones, with projects worth more than one million monthly calculation indicators, as well as in organizations involved by specified members of special economic zones (or their contractors) as a general contractor, contractor, subcontractor or performer services during the period of construction and installation works on the territory of special economic zones and before the expiration of one year after putting the facility (objects) into operation in accordance with The list of categories and size, determined by the commission of representatives of the authorized body on employment, interested central state bodies in the manner approved by the joint decision of the authorized body on employment, and the central executive body carrying out state regulation in the creation, operation and abolition of special economic zones ;
8. arrived for self-employment in professions in demand in priority sectors of the economy (types of economic activity);
9. living in the Republic of Kazakhstan. (Section 2, Art. 32 of the Law on Employment);
10. working as top managers of branches or representative offices of foreign legal entities;
11. provided by the list of persons determined by the Government of the Republic of Kazakhstan which do not require permits from local executive bodies to recruit foreign labor for labor activities.

    List of Persons
    for the performance of work which does not require permits from local executive bodies to recruit foreign labor

    Foreigners and stateless persons:

    1. Oralmans;
    2. Business immigrants arriving for business;
    3. Those who received refugee or asylum-seeker status;
    4. Immigrants arriving on humanitarian grounds in accordance with the Law of the Republic of Kazakhstan dated July 22, 2011 “On Migration”;
    5. Convicted by sentences of the courts of the Republic of Kazakhstan to imprisonment, conditionally, to punishments not related to isolation from society;
    6. Who are the victims of trafficking for the duration of the proceedings in a particular criminal case related to trafficking in persons, before the entry into force of the court sentence;
    7. Entering the Republic of Kazakhstan for the purpose of family reunification, having reached the legal age, being the spouse of a citizen of the Republic of Kazakhstan and having been married for at least three years, recognized by the legislation of the Republic of Kazakhstan;
    8. Full-time students and at the same time working in educational institutions of the Republic of Kazakhstan in their free time, in accordance with the labor legislation of the Republic of Kazakhstan;
    9. Citizens of States Parties to the Treaty on the Eurasian Economic Union on May 29, 2014;
    10. Members of the crews of sea and river vessels, air and rail transport;
    11. Working as artists, directors, conductors, choir masters, choreographers, athletes and coaches;
    12. Attracted by participants and bodies of the international financial center "Astana";
    13. Specialists in the creation of a space rocket complex and the operation of ground-based space infrastructure facilities, involved in the framework of international treaties of the Republic of Kazakhstan on cooperation in the field of aerospace activities;
    14. Carrying out pedagogical activities in accordance with international treaties of the Republic of Kazakhstan on cooperation in the field of education in organizations of secondary, technical and vocational, post-secondary and higher education of the Republic of Kazakhstan, but not more than 25 percent, and for those implementing international integrated educational curricula more than 50 percent of the organization’s staff;
    15. From among the faculty of higher educational institutions, which are given special status in accordance with the procedure established by the legislation of the Republic of Kazakhstan, as well as working in higher education institutions as managers and teachers with higher education with confirmed documents in the order established by the legislation of the Republic of Kazakhstan, and providing training for industries.
    16. Working as chief executives of branches or representative offices of foreign legal entities, as well as chief executives of Kazakhstan legal entities and their deputies with an absolute share of foreign participation in their share capital.
    17. Being on a business trip for business purposes, the term of which does not exceed a total of one hundred twenty calendar days within one calendar year.
    18. Working as chief executives of organizations that have entered into contracts with the Government of the Republic of Kazakhstan to the amount of investments in cash equivalent of more than 50 million US dollars, and first heads of legal entities of the Republic of Kazakhstan who carry out investment activities in priority activities and signed a contract with the authorized body investment.
    19. Working in a national management holding company at positions not lower than the heads of departments with higher education with confirmed documents in the manner established by the legislation of the Republic of Kazakhstan.
    20. Attracted to work as members of the board of directors of a national managing holding company.

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Published: 17 September 2019

Foreign currency control laws of the Republic of Kazakhstan comprise of the Constitution of the Republic of Kazahstan, Law on foreign currency regulation and control (the Currency  Law) and other legal acts of the Republic of Kazakhstan. Should any international agreement estalbishes any other  rules, international agreement rules will prevail subject to ratification of such agreement.  

Pursuant to the article 282, Civil Code of the Republic of Kazakhstan, pecuniary (monetary) liabilities should be fixed in tenge (KZT) except for the cases provided by law.  

As per the article 13, the Currency Law pecuniary liabilities in the territory of the Republic of Kazahstan can be established in a foreign currency, provided it is allowed by law. 

NATIONAL BANK OF THE REPUBLIC OF KAZAKHSTAN

The National Bank of the Republic of Kazakhstan  (the NB)  and foreign exchange control agencies and agents are in charge of the foreign exchange control in the Republic of Kazakhstan  within the estabished legal competence. The NB, as a main foreign exchange control agency, establishes: 

1.  Procedures and requirements for activity on organisation of exchange operations with foreign currency; 
2.  Currency operations ordrees for residents and non-residents, inter alia regimes: 
3. Registration;
4. Notification;
5.  Procedures of monitroing of currency operations by non-residents, carrying out activiity in the territory of the Republic of Kazakhstan (currency monitoring);
6. A form of reporting and recording of currency operations, mandatory for all residents and non-residents, subject to approval of authorised state agencies within their competence.

Any other currency operations that do not fall under any established currency regimes may be carried without any limits and restrictions. 

LICENSING

Currently the NB license is reguired only for  organisation of offices for foreign currency exchange operations, which are carried solely by the authorised banks and authorised organisaiton.

REGISTRATION

The NB is in charge of registration of the following operations: 

•  Payments between residents and non-residents on commerical credits on export and import of goods for the period longer than 180 days;

When a repayment time exceeds 180 days in any commercial credit, it triggers registration with the NB by default. 

•  Direct investments of non-residents to the Republic of Kazakhstan and residents abroad;
•  Financial loans between residents and non-residents for the period of more than 180 days ;

When a repayment time exceeds 180 days in any financial loan, it triggers registration with the NB by default.  

• Payments of residents to non-residents as well as payment of non-resident to residents pertaining to acquisition of exclusive rights for the intellectual property, also transfer and receipt of money and other property as fulfillment of obligation of a participant of joint activity. 

The NB estalbishes the triggering value for registration with the NB and exceptions from the registration regime, which may be put under the regime of notification at discretion of the NB. 

Pursuant to the Foreign Exchange Operations Rules, a transaction triggers registration if it covers: 

1. Arrival of property (means) in the Republic of Kazakhstan and/or repayment by a resident of property (means) to a non-resident, is above the $US 500 000 (five hundred thousands US dollars) equivalent to KZT;
2. Transfer of means or transfer or property from the Republic of Kazakhstan and/or repayment by a non-resident to a resident property (means) is above the $US 100 000 (one hundred thousands US dollars)  equivalent to KZT. 

A resident party to a foreign exchange transaction should apply to the NB for registration in a timely manner: 

1.  Prior to performance of obligations by any party - when the transaction falls under the registration by default; 
2.  Prior to performance of the obligation the performance of which triggers registration;  
3.  Prior to performance of the obligations which will trigger registration after the transaction document is amended or supplemented and one of the parties should perform obligatons within thirty calendar days after the transaction falls under the registration regime;
4. in other cases - not later thirty calendar days after the day when the transaction became triggering registration.

When a resident becomes a party of a foreign exchange transaction that fall under the registration regime as a result of debt assignment or transfer, such resident party should apply to the NB for registration not later thrity calendar days after such transaction is made. 

The registration takes  ten calendar days from the day of receipt of a full bandle of documents and the NB issues a standard Regisrtation Certificates.

The registration does not apply to banking operations and operations of residents/non-residents with foreign securities when they are carried under brokerage services contract  with a broker-resident or based on agreement on investment portfolio management made with managing company-resident.  

NOTIFICATION

Notification procedures include filing information on a transaction documents in an established form with the NB by resident parties of the transactions or by banks, also professional members of securities markets that carrying transaction operations as per the instructions from clients. and subsequent filing the data on performed operations and changes in the transaciton document. 

The following transaction (currency operations) may be carried subject to the notification to the NB: 

1. Foreign currency transactions, connected with acquiistion of securities, paying in money and other property to ensure shareholding in an entity (inter alia, in a registered capital) and as a distribution into the property, and also on foreign currency transactions, connected wtih derivative securities; 
2. Payments between residents and non-residents as to the acquiistion of property right for immovable property, also transfer of money and other property from residents to non-residents for trust management; 
3. Opening of bank accounts in foreign banks by the Kazakhstani legal entities, except for the banks and the NB, within thirty calendar days from signature of bank services agreement.

The notification triggering values for the above transactions are as follows:

1. Arrival of property (means) into the Republic of Kazakhstan and/or repayment of property (means) to non-resident, exceeds the $US 500 000 (five hundred thousands US dollars) in equivalent to KZT; 
2. Transfer of means (property transfer) from the Republic of Kazakhstan and/or obligation on repayment of property (means) exceeds the $US 100 000 (one hundred thousands US dollars) to the KZT;  
3. Payment or money transfer from resident to a non-resident or a non-resident to a resident on derivative securities transactions exclusive of basic asset payment, and also on payments connected with export/import of works, services in the amount of more than the $US 100 000 (one hundred US dollars) equivalent to the KZT.

ACCOUNTS OF NON-RESIDENTS

Non-residents may open bank accounts in foreign and national currencies in the Kazakhstani authorised banks without any restrictions. 

Non-residents may remit money in foreign and national currencies from  and to the accounts in the foreign and Kazakhstani banks without restrictions.

RESIDENTS' ACCOUNTS

Residents may  open bank account in foreign curreny in the Kazakhstani authorised banks without any restrictions, if none other is provided by law. 

Sources: National Bank of the Republic of Kazakhstan

Contacts of the National Bank of the REpublic of Kazakhstan:
Address: 050040, Kazakhstan, Almaty,21 building,  Koktem-3 microdistrict
Fax: 8 (727) 2704-703, 8 (727) 2617-352, 8 (727) 2704-799 
Receiption: 8 (727) 2704-591 
E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

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Published: 17 September 2019

Types of customs procedures

1. For the purpose of customs regulation in relation to goods, the following types of customs procedures are established:

1. release for domestic consumption;
2. export;
3. customs transit;
4. customs warehouse;
5. processing in the customs territory;
6. processing outside the customs territory;
7. processing for domestic consumption;
8. temporary importation (admission);
9. temporary export;
10. reimport;
11. re-export;
12. free trade;
13. destruction;
14. refusal in favor of the state;
15. free customs zone;
16. free warehouse;
17. special customs procedure (the customs procedure, which for customs purposes defines the requirements and conditions for use and (or) the disposal of certain categories of goods in the customs territory of the Customs Union or beyond).

2. The customs procedures specified in subparagraphs 15) and 16) of paragraph 1 of this article shall be established by international treaties of the States members of the Customs Union.

3. The special customs procedure is established by the legislation of the State - member of the Customs Union in accordance with the conditions and categories of goods, determined by the decision of the Customs Union Commission.
(Clause 3 as amended by the Protocol of 04.16.2010)

Selection and change of customs procedure

1. At the choice of a person, goods transported across the customs border shall be placed under a certain customs procedure, in the manner and on the conditions provided for by this Code and the laws of the Member States of the Customs Union.

2. A person has the right to change the selected customs procedure to another in accordance with this Code.

Placement under the customs procedure

The day the goods are placed under the customs procedure shall be the day the goods are released by the customs authority in the manner established by this Code.

The obligation to confirm compliance with the conditions for placing goods under the customs procedure

The obligation to confirm compliance with the conditions for placing goods under the customs procedure lies with the declarant.

Customs control over compliance with the conditions of customs procedures

1. Customs control over compliance with the conditions of customs procedures, when placed under which goods do not acquire the status of goods of the Customs Union, is carried out by the customs authorities of the Member State of the Customs Union in which the goods are released in accordance with this customs procedure, in the manner prescribed by this Code.

2. Customs control in relation to the goods referred to in paragraph 1 of this article, located in the territory of another state - a member of the Customs Union than the state, the customs authority which released the goods, is carried out in accordance with Chapter 17 of this Code.

Responsibility for non-compliance with the conditions and requirements of the customs procedure

Responsibility for non-compliance with the conditions and requirements of the customs procedure shall be borne by the declarant in accordance with the laws of the Member States of the Customs Union.

Consequences of seizure (arrest) of goods placed under the customs procedure

1. In case of withdrawal of goods placed under the customs procedure, or the seizure of such goods in accordance with the legislation of the Member States of the Customs Union, the customs procedure in respect of these goods is suspended.

If it is decided to cancel the seizure of goods or impose arrest on them, the customs procedure is resumed.

When resuming the customs procedure, the interest charged and paid for in accordance with this section for the period of suspension of the customs procedure is not charged and not paid.

2. When confiscated or turn into state ownership by court decision of goods placed under the customs procedure, the customs procedure for these goods is terminated, and foreign goods confiscated or turned into state ownership acquire the status of goods of the Customs Union.

3. If bringing a person to administrative or criminal responsibility in accordance with the legislation of the Member States of the Customs Union is connected with his failure to comply with the customs procedure and the resulting non-compliance leads to the impossibility of further application of this customs procedure, the customs procedure must be completed within 15 (fifteen) calendar days from the day following the day of the entry into force of the relevant decision on bringing the person to responsibility.

Goods in respect of which the customs procedure has not been completed in accordance with the first part of this clause are detained by customs authorities in accordance with Chapter 21 of this Code.

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Published: 17 September 2019

The following types of taxes and obligatory payments to the budget operate in the Republic of Kazakhstan with the following rates.

Corporate income tax

Individual income tax

Value added tax

Excise

Rental Export tax

Special payment and taxes on subxoil users

Social Tax

Vehicle tax

Property tax

Tax on gambling business

Single land tax

Other mandatory payments to the budget:
I. National tax;
II. Fees:

1. Fees for issuing and (or) renewing a permit for attracting foreign labor to the Republic of Kazakhstan;
2. Registration fees;
3. The charge for the passage of vehicles on the territory of the Republic of Kazakhstan;
4. Auction collection;
5. License fee for the right to engage in certain types of activities;
6. Fee for issuing a permit for use of the radio frequency spectrum to television and radio broadcasting organizations;
7. Civil Aviation Certification Fee.

III. Pay:

1. for use of land;
2. for the use of water resources of surface sources;
3. for emissions to the environment;
4. for the use of wildlife;
5. for forest use;
6. for the use of specially protected natural areas;
7. for using the radio spectrum;
8. for the provision of long-distance and (or) international telephone communication, as well as cellular communication;
9. for using navigable waterways;
10. for placing outdoor (visual) advertising.

FOR INFORMATION:
Article 8 of the Law of the Republic of Kazakhstan “On the republican budget for 2018-2020”
  Install from January 1, 2018:

1. the minimum wage is 28,284 tenge;
2. the minimum size of the state basic pension payment is 15,274 tenge;
3. the minimum pension is 33,745 tenge;
4. a monthly calculation indicator for calculating benefits and other social benefits, as well as the application of penalties, taxes and other payments in accordance with the legislation of the Republic of Kazakhstan - KZT2,405;
5. the size of the subsistence minimum for calculating the amount of basic social benefits - 28,284 tenge.

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Tax regimes for individual entrepreneurs in Kazakhstan

The choice of a suitable tax regime should be made when registering as an individual entrepreneur when filing a tax statement.

At the same time, failure to select a special tax regime in a tax declaration will be considered as consent of the newly created IP to the generally established taxation procedure (a subsequent transition to a special tax regime is possible no earlier than after one calendar year of applying the generally established procedure).

If a special tax regime is selected in a tax statement without being submitted on paper or in electronic form, including through the “electronic government” web portal, patent calculation, for an IP, from the date of state registration as an IP in tax authorities, apply a special tax regime based on a simplified declaration.

In Kazakhstan for the PI there are the following tax regimes
1. Generally established procedure;
  2. Special tax regimes:
  2.1 Patent
  2.2 Simplified Declaration;
  2.3 Special tax treatment for farms and farms;
  Special tax regime may not apply:
  1) PI carrying out the following activities:

• production of excisable goods;
• storage and wholesale of excisable goods;
• sales of certain types of petroleum products - gasoline, diesel fuel and fuel oil;
• organization and conduct of lotteries (except state (national);
• subsoil use;
• collecting and receiving glassware;
• collection (harvesting), storage, processing and sale of scrap and waste of non-ferrous and ferrous metals;
• consulting services;
• activities in the field of accounting or auditing;
• financial, insurance and brokerage activities of an insurance broker and an insurance agent;
• Activities in the field of law, justice and justice.

2) Taxpayers who have other separate structural units and / or objects of taxation in different locations;
3) Taxpayers providing services on the basis of agency contracts (agreements).

Conditions for applying the tax regime

Under a special tax regime on the basis of a patent, an individual entrepreneur should not use the labor of workers, carries out activities in the form of personal entrepreneurship and the maximum income for the tax period should not exceed 300-fold minimum wage (6857700 tenge). Article 429 of the Tax Code of the Republic of Kazakhstan Deadline for tax reporting: calendar year (Article 430 of the Tax Code of the Republic of Kazakhstan

With a special simplified declaration, the limiting average number of employees for a tax period is 25 people, including the individual entrepreneur himself and the marginal income for a tax period is 1,400 times the minimum wage. (32 002 600 tenge). pp 1) Article 433 of the Tax Code of the Republic of Kazakhstan . The deadline for submitting reports to SONO for the first half of the year is August 15 of the current year, and for the second half of the year the period for reporting to SONO is before February 15 of the next year.

General Procedure Calendar Year from January 1 to December 31 ( Article 148 of the Tax Code of the Republic of Kazakhstan

The features of a special regime based on a patent are the simultaneous payment of all taxes at the time the patent is filed, there is no need to issue fiscal checks, there is no need in the cash register and there is practically no tax reporting. And in a special mode on the basis of a simplified declaration, taxes are paid upon receipt of income, and not on prepayment, as under the patent.

For information taxpayers taxes in different modes:

• Patent
  • IIT 2% of declared income (Article 432 of the Tax Code of the Republic of Kazakhstan);
  • Social deductions in the amount of 5% of the minimum wage
  • Section 2, Art. 14 of the Law on Compulsory Social Insurance, p.4 p.4 Rules for the calculation and transfer of social contributions;
  • Pension contribution of 10% of declared income ( clause 3 of article 25 of the Law "On Pension Security in the Republic Kazakhstan").
• Simplified Declaration
  • PIT 3% of total income - revenue ( Article 436 of the Tax Code of the Republic of Kazakhstan)
  • Social deductions in the amount of 5% of the minimum wage for the individual entrepreneur and for each employee (clause 2, article 14 of the Law "On Compulsory Social Insurance", p.4, clause 4 of the Rules for Calculating and Transferring Social Contributions);
  • Pension contribution in the amount of 10% of the income for the individual entrepreneur and for employees (paragraph 3 of article 25 of the Law "On pension benefits in the Republic of Kazakhstan").
• Common order
  • SPI 10% of the amount of income ( Clause 1 of Article 158 of the TC . At the same time, taxable income is the difference between revenues and expenses for receiving income; o Social tax in the amount of 2 MCI for the individual entrepreneur and 1 MCI for each employee ( p. 2 Article 358 NK RK );
  • VAT at the rate of 12% if the minimum turnover for the sale of goods, works and services is exceeded, which is 30,000 times the MCI, for any period (no more than 12 months) ( Clause 1 of Article 268 , p. 5 Article 568 of the Tax Code of the Republic of Kazakhstan);
  • Pension contribution in the amount of 10% of the income for the individual entrepreneur and for employees (paragraph 3 of article 25 of the Law "On pension benefits in the Republic of Kazakhstan").