News
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…
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…
Leinonen invites clients to our first Kazakhstan-themed webinar
As our clients already know, Leinonen has been operating in Kazakhstan since 2021. Our office in Almaty is growing along with our clients´ interest in…
Accounting Practices and Tax Preferences in Astana Hub, Kazakhstan
The Astana Hub International Technopark of IT startups has emerged as a thriving hub for innovation and technological advancement, attracting both local and foreign IT…
Kazakhstan’s payroll system – requirements that affect everything from employee contracts to social taxes
Kazakhstan’s payroll system is regulated by the country’s labor law, which sets minimum employment requirements and entitlements for paid leave. The minimum monthly salary in…