Kazakhstan

The Code of the Republic of Kazakhstan is dated 18 July 2025 under Law No. 120-VI 'On taxes and other obligatory payments to the budget (Tax Code)'.

Annual tax reporting

Tax residents are liable for reporting and paying tax in Kazakhstan for worldwide income and Kazakhstan-source income that is not taxed at the source via self-assessment (Tax Form 270.00). Submission of Tax Form 270.00 is by 15 September of the year following the reporting one and settlement of tax liability by 25 September.

However, starting from 2021, if an individual falls under the categories that are defined by the newly introduced Universal Filing Law, this individual should submit the universal filing tax forms.

Besides tax liabilities described above, tax residents, who are Kazakhstan citizens / residence permit holders, are required to disclose funds (in excess of approximately 15,000 United States dollars [USD] in total) on foreign bank accounts and information on ownership of property / securities / participation share located outside of Kazakhstan and digital assets as of 31 December of the reporting period (for information purposes only).

Kazakhstan tax non-residents are required to file the annual individual income tax return reporting Kazakhstan-source income that was not subject to taxation at the source of payment during the reporting year (e.g. capital gain, dividend, interest, property income, rental income).

Universal Filing Law

The first stage of universal filing was introduced in Kazakhstan for individuals starting with governmental employees in 2021, employees of the quasi-public sectors in 2023, heads and founders of legal entities in 2024, and all citizens by the fourth stage in 2025.

Each stage adds a new list of individuals who must comply with the law by filing universal filing tax forms, which are declaration on assets and liabilities (Form 250.00) and declaration on income and property (Form 270.00).

Form 250.00 is a one-time form for reporting accumulated assets and liabilities as entry information related to the integration of the mandatory universal filing system.

Form 270.00 is a form that is submitted annually after Form 250.00, in which individuals should report income and property received during the reporting period. However, if an individual would like to claim a foreign income tax credit, the declaration on individual income tax Form 240.00 should be filed as well.

The submission deadline for Form 250.00 and Form 270.00 is no later than 15 September of the year following the reporting.

The tax payment deadline is 10 days after the submission date.

Introduction of a Progressive Scale for Personal Income Tax (PIT) 

From the 1st of January 2026 taxable income of individuals will be subject to the following personal income tax rates: 

• Income up to 8,500 MCI – taxed at 10% 

• Income above 8,500 MCI – taxed at 15% 

The calculation of the personal income tax on income over 8,500 MCI in 2026 is as follows: the portion of annual income up to 8,500 MCI is taxed at a rate of 10%, and the amount exceeding 8,500 MCI is taxed at a rate of 15%. 

 The information on withheld taxes and contributions for employees must be included in Appendix 200.05 of the "Individual Income Tax and Social Tax Declaration" (Form 200.00) for the last reporting period of the calendar year or when submitting liquidation tax reports.

Changes in the Application of Tax Deductions 

Under the new version of the Tax Code, individuals are entitled to the following types of personal tax deductions: 

1.Social payment tax deduction: 

 In the new Tax Code, the following deductions, previously applied separately, are now combined under the general category “social payment deductions.” These include:  

• Mandatory pension contributions 

• Contributions to mandatory social medical insurance 

• Social contributions withheld from individuals’ income under civil law contracts 

 2.Basic tax deduction: 

 The basic tax deduction is set at 30 MCI per month, with an annual limit of 360 MCI, replacing the previous standard deduction of 14 MCI.   

3.Social tax deductions: 

 Standard deductions for persons with disabilities and WWII veterans are now allocated to a separate article as social tax deductions. 

The tax deduction for persons with disabilities of groups I and II is increased to 5,000 MCI. The deduction for other privileged categories, such as persons with disabilities of group III, parents and guardians of a child with disabilities, and other persons entitled to a social tax deduction, remains at 882 MCI. 

All other deductions available to individuals are cancelled.

Removal of the Provision for Reducing Taxable Income by 90% 

The condition allowing employees with an income of less than 25 MCI to reduce their taxable base by 90% has been excluded from the new version of the Tax Code. 

Change in the Social Tax Rate 

In the new Tax Code, the social tax rate is reduced from 11% to 6%. However, the amount of social tax is no longer reduced by the amount of social contributions, as was previously the case. 

Change in the Employer’s Obligatory Pension Contribution Rate (OPC ER) 

According to the provisions of the Social Code of Kazakhstan, from the 1st of January 2026, the OPC ER rate increases from 2.5% to 3.5%.