Kazakhstan tax information

We are happy to share basic information on Kazakhstan tax system and rates according to Kazakhstan tax code.

Rates:

Corporate income tax – 20%;

Personal income tax – 10%;

VAT – 12%;

Withholding tax on dividends – 15% (20% for tax heavens);

Withholding tax on interest and royalty Р15% (20% for tax heavens);

Branch remittance tax – 15% on net profit (after corporate income tax);

Social tax – 11% (payable by employer);

Social security – 5% (payable by employer);

Pension contribution – 10%.

Tax compliance

Fiscal period – 1st January – 31st December of calendar year;

Corporate income tax filling deadline – 31st March of the year following the reporting fiscal period;

Penalty rate – assessed at 2,5 times of the National Bank refinancing rate;

Participation exemption and holding regime – not applicable;

Transfer pricing/arm’s length rule – applicable;

Thin capitalisation rule – applicable;

Controlled foreign entity – applicable;

Capital gain tax – applicable;

Tax treaties – 44 countries.