Since 2024, Kazakhstan has started the III stage of universal declaration.

Who must file declarations in 2024

  • executives;
  • founders (participants) of legal entities;
  • individual entrepreneurs;
  • spouses of these persons.

Tax residency

From 13.7 amendments were made to the legislation on declaration in the Republic of Kazakhstan (Law No. 105-VIII of 01.07.24).

The requirement to declare in 2024 the heads, founders (participants) of legal entities, individual entrepreneurs and their spouses now applies only to tax residents of the Republic of Kazakhstan.

An individual is considered a tax resident of the Republic of Kazakhstan if:

  • permanently resides in the Republic of Kazakhstan, i.e. is in the Republic of Kazakhstan for at least 183 days in any 12-month period ending in 2024 (for investment residents of MFC Astana – 90 days)
    or
  • is not permanently staying in the Kazakhstan, but has a center of vital interests in the Kazakhstan, i.e. the conditions are simultaneously met:
    • You have citizenship of the Republic of Kazakhstan or a residence permit in the Republic of Kazakhstan (residence permit)
    • Spouse and/or close relatives live in the Republic of Kazakhstan
    • There is real estate in the Republic of Kazakhstan, which belongs to this person (spouse, close relatives) by right of ownership or on other grounds, available for residence of this person (spouse/close relative).

Why you need to file a declaration

The objectives of declaration at the state level are: ensuring fair taxation, controlling personal income, and reducing corruption.

What to declare in 2024

In 2024, entry into the declaration system is carried out. For this purpose, a Declaration of Assets and Liabilities (Form 250.00) is submitted. It provides information about the presence of an individual in the Republic of Kazakhstan and abroad:

  • of property subject to registration. These are real estate, airplanes and ships; vehicles, money in bank accounts;
  • other property: participation in housing construction; participation in a legal entity; securities; gold; intangible assets; cash; loans certified by a notary.

In subsequent periods, a Declaration of Income and Property Form 270.00 is submitted annually. It reflects income, acquisition and alienation of property, sources of covering expenses for the acquisition of new property, including outside the Republic of Kazakhstan.

For which period to file a declaration in 2024

In 2024, a Declaration of Assets and Liabilities (Form 250.00) is filed as of 12/31/2023.

Deadlines for declaration

The declaration must be filed by September 15, 2024.

Consequences for violations

Failure to submit a declaration or providing incomplete information is subject to fines of 15 MRP and 3 MRP respectively. The MRP from January 1, 2024 is 3,692 tenge. For concealment of objects of taxation – a fine of 200% of the amount of unpaid taxes, for repeated violation – a fine of 300% of the amount of unpaid taxes.

How to file a declaration

  • Declaration is submitted at the place of residence (stay) on paper.
  • Declaration can be submitted electronically through the “Cabinet of the taxpayer” (kgd.gov.kz), web portal of “Electronic Government”, mobile applications eSalyq Azamat, Halyk, Bank Centrcredit (BCC).

Our support

Our tax experts can prepare the declaration and/or advise on its preparation and filing.