Taxes of Kazakhstan
The Republic of Kazakhstan and its capital Nur-Sultan are located in the central part of Eurasia, with most of the country belonging to the Asian part, and a smaller part to the European part.
The population of Kazakhstan is 17 people. This is a large state with diverse cultural traditions and foundations.
The main industries are metallurgy (ferrous, non-ferrous, mining), and the engineering and oil refining complex is also developed. In addition, tourists from other countries come to Kazakhstan every year, wanting to get acquainted with the unique local culture and cuisine.
Quite favorable conditions have been created for beginning businessmen in the Republic of Kazakhstan, making it an attractive place for registering new commercial organizations. Taxes of Kazakhstan differ in average interest rates, which at the same time have different easing regimes.
That register a company in Kazakhstan, A thorough understanding of local regulations is required. If you do not have enough information in this profile, but want to open your own business in this country, then the E-COMMERCE BROKER Company is ready to offer comprehensive financial and accounting services.
Tax system of Kazakhstan
Businessmen who open a commercial business in the Republic of Kazakhstan are offered 6 tax regimes. The most common are:
- ERM is a generally established regime chosen by large companies, which involves paying taxes on the amount representing the difference between income and expenses;
- a simplification used by medium and small organizations. The regime involves the use of a simplified tax return, and only the amount of income is taxed.
Types of taxes paid by legal entities in Kazakhstan:
- Corporate (income tax) - both residents and non-residents of the country are subject to tax. The object of taxation is the income received after deductions are made from the entire annual income of the legal entity. The CIT rate is:
- 10% for agricultural producers;
- 15% withholding tax (dividends);
- 20% - all other cases (standard rate).
- VAT is an indirect tax that goes to the budget of the republic. The rate is 14%. All legal entities that have taxable turnover, as well as companies importing goods, pay the fee.
- Social tax - this type of tax is provided for all commercial organizations and individual entrepreneurs who have employees. The rate is 11%. The object of calculation is the legal entity's labor costs.
For entrepreneurs who plan to conduct commercial activities using gambling equipment, billiard tables, and so on, a tax is provided for the gaming business (its rate is determined in each tax period in accordance with the law on the republican budget) and a fixed tax, which is levied on all equipment involved in the implementation of the activity (the rate is determined by the type of equipment).
Help in organizing a business from E-COMMERCE BROKER
If you decide open a gambling business in the Republic of Kazakhstan, then the company’s specialists will help you:
- obtain any types of gambling licenses;
- register a company in Kazakhstan;
- open a bank account;
- optimize the tax burden and so on.
We are true professionals in our field. Over the years of existence, we have enriched ourselves with extensive experience in working with various jurisdictions, which now, without hindrance, and most importantly within the framework of current legislative norms, we conduct successful activities, helping businessmen and commercial organizations build businesses in European countries.
Leave your requests for a free consultation on our website, and we will definitely contact you!
