Social security contributions
Social tax is payable by employers in respect of employees (both locals and expatriates) at 9.5% on top of the employee’s gross remuneration.
Obligatory social insurance contributions
Obligatory social insurance contributions are payable by employers at the rate of 3.5% to the State Pension Centre of Pension Payments. Obligatory social insurance contributions are capped at 3.5% of ten times the minimum monthly wage (approximately 30$) per month, and are deductible from social tax. Only Kazakhstan citizens, foreigners holding a residence permit in Kazakhstan, and citizens of member countries (i.e. Russia, Belarus, Armenia, and Kyrgyzstan) of the Eurasian Economic Union (EAEU or EEU), who have a local employment agreement are subject to obligatory social insurance.
Obligatory medical insurance contributions (OMIC)
Starting from 1 January 2019, employer’s OMIC are increased to the rate of 1.5%. All employers, including branches and representative offices, should pay OMIC for all their employees, including Kazakhstan citizens and foreigners holding Kazakhstan residence permit, or citizens of member countries of the Eurasian Economic Union. The gross income subject to OMIC should not exceed 10 minimum monthly salaries (approximately USD 1,105).
Obligatory pension contributions (OPC)
Obligatory pension contributions are withheld at a rate of 10% out of employees’ gross income and paid to the State Pension Centre of Pension Payments. The gross income subject to obligatory pension contributions is capped at 75 times the minimum monthly wage (approximately USD 8,215) per employee per month. Only Kazakhstan citizens and foreigners holding a residence permit in Kazakhstan are subject to obligatory pension contributions.
In addition, individuals who are working under a service agreement (providing services on a Civil Contract basis) should make obligatory pension contributions to the State Pension Centre in their own favour.
Besides that, the employer is required to allocate 5% of one's own resources as obligatory professional pension contributions to the employees engaged in jobs with harmful (especially harmful) work conditions.
Net wealth/worth tax
There are no net wealth/worth taxes in Kazakhstan.
Inheritance, estate, and gift taxes
There are no inheritance, estate, and gift taxes in Kazakhstan.
Property tax is assessed annually at a general rate of 1.5% of the average net book value of immovable property.
Local non-income taxes
The new Single Cumulative Payment (SCP) has been introduced in 2019 and applies to employees of private households, unpaid workers of family enterprises, entrepreneurs without employees with turnover less than 1,175 MCI per year (approx. 7,745$. Monthly Coefficient Index for 2019 is 2,525 KZT).
SCP can be applied only when services are rendered to other individuals or sale of agricultural products of your own production to other individuals.
SCP cannot be applied if activity is carried out on the territory of commercial trade objects (owned or rented), if individual is leasing the property (except housing), if individual is an individual entrepreneur or carries out the private practice or is a foreigner or individual without citizenship (except oralmans).
SCP should be paid on a monthly basis and is set in the amount of 1 MC for residents of capital and cities of republican and regional significance. And 0,5 MCI - for individuals living in other parts.
Once SCP is paid the authority distribute it as follows:
10% - individual income tax; 20 % - social contributions; 30 % -OPC; 40 % - OMIC.
No tax reporting is applied for SCP payers.