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Kazakhstan: Tax benefits regime, moratorium on tax audits of small businesses

Kazakhstan: Tax benefits regime, small businesses

Two relief provisions for small businesses have been introduced in Kazakhstan—a three-year tax benefits regime and a moratorium on inspections for small and micro enterprises. Both are effective beginning 1 January 2020.

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Certain “small taxpayer businesses” operating under special tax regimes are exempt from certain taxes including corporate income tax, social contributions, and a land tax. The exemption is available from 1 January 2020 to 1 January 2023. There are exceptions to the tax exemption benefits under this rule.

In addition, a three-year moratorium on tax-related audits for small and micro business applies for the period from 1 January 2020 to 1 January 2023. The moratorium does not apply to audits that already began in 2019.

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