{"id":8,"date":"2017-02-22T16:43:47","date_gmt":"2017-02-22T10:43:47","guid":{"rendered":"http:\/\/tributum.kz\/?page_id=8"},"modified":"2024-03-28T11:53:07","modified_gmt":"2024-03-28T05:53:07","slug":"kazakhstan-tax-information","status":"publish","type":"page","link":"https:\/\/tributum.kz\/?page_id=8","title":{"rendered":"Kazakhstan tax information"},"content":{"rendered":"

General:<\/strong><\/p>\n

Accounting method: Kazakhstan Tax Code applies accrual method.<\/p>\n

Income tax period: 1st <\/sup>of January \u2013 31st <\/sup>of December.<\/p>\n

Corporate residence: (a) incorporation under the laws of the Republic of Kazakhstan or (b) place of effective management is situated in Kazakhstan.<\/p>\n

Individual residence: (a) 183 days stay in Kazakhstan in any consecutive twelve months period or (b) centre of vital interests is Kazakhstan.<\/p>\n

Basis of taxation of Kazakhstan residents: worldwide income.<\/p>\n

Foreign tax credit for Kazakhstan residents: available unilaterally both for entities and individuals, available reciprocally under the double tax treaties.<\/p>\n

Payroll<\/strong><\/p>\n

Individual income tax on remuneration from a Kazakh tax agent (salaries and other payments) is withheld from an individual and paid at the rate of 10% on income.<\/p>\n

Pension fund contribution is withheld (tax exempt) by a Kazakh employer from Kazakh employee\u2019s wage at the rate of 10% on income and paid to Kazakhstan national pension fund. Employer additionally pays 1,5% o Kazakhstan national pension fund.<\/p>\n

Social tax: a Kazakh employer must remit social tax at the rate of 9,5% of the gross salary of an employer (Kazakh and foreign employee).<\/p>\n

Social security: a Kazakh employer must pay social security contribution at the rate of 3,5% in addition to employee\u2019s salary (only Kazakhstan citizens).<\/p>\n

Contribution to the Social Medical Insurance Fund: a Kazakh employer pays 3% of gross salary and an employee pays 2% on its side.<\/p>\n

Payroll taxes and contributions payment: monthly, not later than 25th <\/sup>day of the month following the reporting month.<\/span><\/p>\n

Payroll taxes and contributions reporting: quarterly (per three months) not later than 15th<\/sup>\u00a0day of the second month following the reporting quarter.<\/p>\n

Tax deductions from payroll: applicable in certain circumstances.<\/p>\n

Personal income tax\u00a0<\/strong>(non-payroll)<\/strong><\/p>\n

Tax rate: 10% for all income.<\/p>\n

Reporting: not later than 31st <\/sup>of March of the year following the reporting period.<\/p>\n

Tax payment date: within 10 days after submission of an annual tax return.<\/p>\n

Pension fund contribution from other sources not associated with employment is payable at the rate of 10% (maximum amount is capped).<\/p>\n

Corporate income tax<\/strong><\/p>\n

Tax rate: 20%.<\/p>\n

Reporting: not later than 31st <\/sup>of March of the year following the reporting period (can be extended up to one month).<\/p>\n

Tax payment date: within 10 days after submission of an annual tax return, however advance tax payment is anticipated for entities with certain threshold of revenue.<\/p>\n

Tax losses: carry-back of losses is not permitted, carry-forward is permitted for the period up to 10 years.<\/p>\n

Taxation of dividends: dividends received by a corporate Kazakh resident are exempt from taxation, provided that certain criteria met.<\/p>\n

Taxation of capital gain: capital gains are taxed at the corporate income tax rate, certain exclusions apply.<\/p>\n

Holding company regime and participation exemption: not applicable in the Republic of Kazakhstan.<\/p>\n

VAT<\/strong><\/p>\n

VAT rate: 12%.<\/p>\n

VAT payers: registration as a VAT payer is optional until the turnover reaches certain threshold.<\/p>\n

Payment: quarterly (per three months), not later than 25th<\/sup> day of the second month following the reporting quarter.<\/p>\n

Reporting: quarterly (per three months) not later than 15th<\/sup>\u00a0day of the second month following the reporting quarter.<\/p>\n

International taxation<\/strong><\/p>\n

Double tax treaties: Kazakhstan is a party to double tax conventions with more than 54 states (full list is available<\/a>).<\/p>\n

Dividends sourced from Kazakhstan: withholding tax rate is 15% and 20% for tax heaven. Can be reduced as low as 5% under certain double tax treaties.<\/p>\n

Interest sourced from Kazakhstan: withholding tax rate is 15% and 20% for tax heaven. Can be reduced as low as 10% under certain double tax treaties.<\/p>\n

Royalties sourced from Kazakhstan: withholding tax rate is 15% and 20% for tax heaven. Can be reduced as low as 10% under certain double tax treaties.<\/p>\n

PE regime: PE regime articulated in the Kazakh Tax Code is wider than those contained in most the of double tax conventions concluded by Kazakhstan.<\/p>\n

Branch remittance tax sourced from a permanent establishment situated in Kazakhstan: withholding tax rate is 15% applied to a net profit (regardless whether actually paid to a head company or not). Can be reduced as low as 5% under certain double tax treaties.<\/p>\n

Anti-avoidance rules<\/strong><\/p>\n

Transfer pricing legislation: applicable.<\/p>\n

Thin capitalisation rule: applicable (see details<\/a>).<\/p>\n

CFC regime: applicable to tax heavens and jurisdiction with effective tax rate below 10%.<\/p>\n","protected":false},"excerpt":{"rendered":"

General: Accounting method: Kazakhstan Tax Code applies accrual method. Income tax period: 1st of January \u2013 31st of December. Corporate residence: (a) incorporation under the laws of the Republic of Kazakhstan or (b) place of effective management is situated in Kazakhstan. Individual residence: (a) 183 days stay in Kazakhstan in any consecutive twelve months period … <\/p>\n

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