News
Terms for issuing electronic invoices change in 2023
The term for issuing electronic invoices (EI) will be changed from 2023 in Kazakhstan. The deadlines for issuing EI from the limitation period are planned…
24th Day of German Economy Gathers in Almaty
The Day of the German Economy was arranged in Almaty, Kazakhstan for the 24th time on the 6th of October. The event rallied over 300…
Opening corporate bank accounts in Kazakhstan
Banks in Kazakhstan have recently tightened their Anti-Money Laundering (AML) processes considerably as a result of the turbulence in the regional economic environment. A significant…
Government services one-stop-shop available for foreign IT specialists
Various public services will now be provided on a one-stop basis for foreign IT specialists. Kazakhstan is a bureaucratic country and there are many hoops…
Astana IT Hub growth accelerates with relocating businesses
Kazakhstan is becoming a popular destination for IT professionals and tech start-ups to move and work to help propel the country in the digitalization rankings.…
The minimum wage in Kazakhstan
Since the 1st of January 2022, the minimum wage in Kazakhstan is 60.000 tenge, or approximately 130 euros according to today´s exchange rate. The minimum…
IFRS adoption and use in Kazakhstan
The use of IFRS standards in Kazakhstan is mandatory for domestic stock-market listed companies, financial institutions such as banks, as well as large unlisted companies.…
Astana Hub offers tax incentives to IT businesses
The Astana Hub is a young, dynamically developing national technopark which was opened in 2018. The park is fully focused on the development and investment…
International Payroll – Successfully operating globally with minimal reputational risk
Money is a sensitive matter and managing employee salaries should always be handled with the utmost care, confidence, and punctuality. When expanding your business, international…