Kazakhstan

Overview

Last reviewed - 27 December 2019

Kazakhstan is the second largest country (after Russia) of the former Soviet Republics. It is geographically diverse, comprised of extensive grassland, semi-desert, and mountainous areas covering almost three million square kilometres (km). Kazakhstan lies in the north of the Central Asian republics and is bordered by Russia in the north, China in the east, Kyrgyzstan and Uzbekistan in the south, and the Caspian Sea and part of Turkmenistan in the west. It has almost 1,894 km of coastline on the Caspian Sea.

Kazakhstan has an estimated population of 18.61 million. The capital of Kazakhstan is Nur-Sultan. Other principal cities are Almaty, Karaganda, Pavlodar, Aktobe, and Shymkent. Kazakh is the official language, and Russian is the language of international communication. The national currency is Tenge (KZT).

With respect to the legislative framework, the provisions of the Constitution, the laws corresponding to it, other regulatory legal acts, international treaties, and other commitments of Kazakhstan, as well as regulatory resolutions of the Constitutional Council and the Supreme Court of Kazakhstan, comprise the functioning law in the Republic of Kazakhstan. The Constitution has the highest juridical force in Kazakhstan. The court system of Kazakhstan includes the Supreme Court, local courts, and other courts established by law.

International treaties ratified by Kazakhstan have priority over its domestic laws and are directly implemented except in cases when the application of an international treaty requires the promulgation of a law.

PwC Kazakhstan has been operating for 26 years and currently has more than 500 professionals in offices in Almaty, Nur-Sultan, and Atyrau. PwC enjoys an unrivalled presence in the region, with offices in Baku (Azerbaijan), Tbilisi (Georgia), Yerevan (Armenia), Bishkek (Kyrgyzstan), Tashkent (Uzbekistan), Ashgabat (Turkmenistan), and Ulaanbaatar (Mongolia). Our tax solutions are based on extensive knowledge and experience of our specialists, enhanced by our methodologies. Our client base covers all sectors of the economy, including energy, financial services, consumer and industrial products, and telecommunications.

Quick rates and dates

Corporate income tax (CIT) rates
Headline CIT rate (%) 20
Corporate income tax (CIT) due dates
CIT return due date 31 March
CIT final payment due date 10 April
CIT estimated payment due dates 25th day of each month.
Personal income tax (PIT) rates
Headline PIT rate (%) 10
Personal income tax (PIT) due dates
PIT return due date 31 March
PIT final payment due date Self-assessment: By 10 April of the year following the reporting one.
Payroll withholding: By the 25th day of the month following the month of income payment to the individual.
PIT estimated payment due dates NA
Value-added tax (VAT) rates
Standard VAT rate (%) 12
Withholding tax (WHT) rates
WHT rates (%) (Div/Int/Roy) Resident: NA;
Non-resident: 15 / 15 / 15
Capital gains tax (CGT) rates
Corporate capital gains tax rate (%) Capital gains are subject to the normal CIT rate.
Individual capital gains tax rate (%) Capital gains are subject to the 10% PIT rate.
Net wealth/worth tax rates
Headline net wealth/worth tax rate (%) NA
Inheritance and gift tax rates
Inheritance tax rate (%) NA
Gift tax rate (%) NA

NA stands for Not Applicable (i.e. the territory does not have the indicated tax or requirement)

NP stands for Not Provided (i.e. the information is not currently provided in this chart)

All information in this chart is up to date as of the 'Last reviewed' date on the corresponding territory Overview page. This chart has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this chart without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this chart, and, to the extent permitted by law, PwC does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this chart or for any decision based on it.