Entrepreneurs in Kazakhstan can now choose a special tax regime based on the specifics of their activities, allowing them to optimize their tax burden. This was announced by Deputy Prime Minister and Minister of National Economy Serik Zhumangarin, according to infohub.kz.
According to the deputy prime minister's explanations, a special tax regime for self-employed individuals applies to micro-business representatives, requiring a payment of 4% for social purposes.
For businesses operating under a simplified declaration, the base rate is set at 4%. Local maslikhats are empowered to change it by two percentage points—either upward or downward. Farming and peasant enterprises can use a regime with a personal income tax rate of 0.5%.
"Overall, the country has created all conditions, depending on the type of activity, for an entrepreneur to choose a convenient regime that would allow them to optimize their taxation scheme. Except for schemes involving work with corporate clients. Or if you are a corporate client yourself," emphasized Serik Zhumangarin.
Details of the exceptions concerning interaction with corporate clients are not disclosed in the distributed message.
The government clarified that the special regimes were introduced as part of implementing the instructions of President Qasym-Jomart Toqaev, announced in the Address, to improve tax administration and create favorable conditions for entrepreneurial activity.
Earlier, Kursiv reported that, according to Zhumangarin, over nine months, state budget revenues increased by 3 trillion tenge compared to last year. The minister attributed this growth to tax reform and noted that the number of legal entities paying value-added tax increased by 37,000, whereas previously the annual increase was 4,000–6,000.