News
Kazatomprom Announces Changes in Mineral Extraction Tax on Uranium
On July 1, 2024, the Government of the Republic of Kazakhstan introduced amendments to the Tax Code concerning the calculation of the mineral extraction tax…
BUSINESS IN KAZAKHSTAN
Kazakhstan at a Glance Kazakhstan ranked 25th in the World Bank´s Ease of Doing Business report in 2020. This is a comparatively great result, and…
Prime Minister’s New Tax Code Proposal Highlights
In a recent communication to a group of Senate members, the Prime Minister presented several pivotal elements of the new Tax Code. These revisions are…
Amendments to Form 270.00 (Declaration of Income and Assets)
The State Revenue Committee has announced amendments to the Declaration of Income and Assets (form 270.00) and its associated rules, aiming to simplify the reporting…
Public Holidays and Compensation in Kazakhstan
Each year, the people of Kazakhstan celebrate a range of cultural, religious and historical public holidays. To allow everyone to get the most from important…
Employment and Payroll in Kazakhstan: The Basics for Foreign Businesses
Despite feeling the economic effects of neighbouring Russia’s invasion of Ukraine, Kazakhstan’s economy has proved itself to be resilient and ever-growing. In fact, according to…
eInvoicing in Kazakhstan: Essential Knowledge for Financial Success
Introduction Welcome to the digital evolution of invoicing. eInvoicing is transforming how businesses handle transactions, offering a faster, more efficient method than traditional paper-based processes.…
Establishing a business in Kazakhstan
Establishing a business in Kazakhstan is generally no more challenging than in countries such as Ukraine or other Russian-speaking markets. However, there are less possibilities…
Kazakhstan Implements Changes in MCI and Pension Contributions
We remind our readers that effective from January 1, 2024, Kazakhstan has made significant amendments to its economic regulations: Monthly Calculation Index (MCI): Increased from…