Kazakhstan: Accounting and Tax News — July 2025

In July 2025, Kazakhstan introduced several significant regulatory updates impacting accounting, taxation, labor, and international trade. Below is a detailed overview of the key developments and upcoming deadlines that businesses operating in Kazakhstan should keep in mind.

Key Regulatory Updates

1. Planned Minimum Wage Increase from 2026

The Ministry of Labor is conducting research and calculations for a proposed increase of the national minimum wage by 5,000 tenge starting in 2026. This initiative aims to improve income levels and labor conditions across the country.

2. Ban on Street Exchange Rate Displays

Effective from September 9, 2025, the use of street boards displaying foreign exchange rates will be prohibited. This move is intended to enhance transparency and stability in the currency exchange market.

3. Expansion of the Aktau Free Economic Zone (FEZ)

As of June 10, 2025, the FEZ “Seaport Aktau” has been expanded to further stimulate trade and logistics:

• Port Zone: 656.3543 hectares
• Industrial Zone: 2,021.1487 hectares
• Logistics Zone: 1,730 hectares

This expansion is expected to boost investment and export potential in the Mangystau region.

4. EAEU Signs Duty-Free Trade Agreement with UAE and Mongolia

The Eurasian Economic Union (EAEU) has entered into a groundbreaking agreement with the United Arab Emirates and Mongolia, eliminating import customs duties on 85% of goods traded between the parties. This will provide Kazakh exporters with duty-free access to UAE markets.

Eligible goods include:

• Agricultural and Food Products: meat, poultry, dairy, honey, vegetables, cereals, legumes, apples, flour, oils, chocolate, and juices
• Chemical and Industrial Goods: plastics, fertilizers, household chemicals
• Light and Woodworking Industry Goods: fabrics, clothing, knitwear
• Metallurgical Products: ferroalloys, rolled metal, pipes, and metal structures

This agreement is indefinite and opens significant new trade opportunities for Kazakh businesses.

Key Accounting and Tax Deadlines – July 2025

1. Payroll

• July 1–10: Calculation and payment of salaries for June

2. Tax Reporting

• By July 8: Submission of Form 701.00 for current vehicle tax payments for 2024
• By July 15: Submission of excise tax return (Form 400.00) and calculation for subdivisions (Form 421.00)
• By July 21: Submission of import application (Form 328.00) and VAT payment for received imports under the EAEU framework

3. Tax Payments

• By July 21:
  • Excise tax and aggregate customs payments
  • Indirect taxes on goods imported from EAEU countries
  • Fees for the use of plant resources
• By July 25:
  • Payroll taxes and contributions
  • Withholding tax and advance CIT payments
  • Other applicable taxes

4. Statistical Reporting

Submission of statistical reports in accordance with the approved schedule for your industry sector.

5. Daily and Monthly Operational Tasks

• Reconciliation of electronic invoices on the state portal with internal accounting systems (e.g., 1C)
• Review and archiving of primary documentation
• Preparation of reconciliation statements and audit trails
• Ongoing bookkeeping and compliance management

 

Conclusion

Remaining compliant with the latest legislative changes is essential for avoiding financial penalties and ensuring smooth business operations in Kazakhstan. The updates for July 2025 reflect both national policy changes and broader international trade developments that could influence your strategic planning.

For assistance with tax calculations, reporting obligations, or general compliance matters, the team at FChain Kazakhstan is ready to help.

For detailed updates and professional guidance, visit our website: kz.f-chain.com

Prepared by:
Ekaterina Kassumova
Director, FChain Kazakhstan
Date: July 11, 2025