Changes to CIT and VAT in Kazakhstan in 2026 - FCHAIN

Changes to CIT and VAT in Kazakhstan in 2026

 

During the 15th meeting of the Project Office on the implementation of the new Tax Code of the Republic of Kazakhstan, chaired by the Deputy Prime Minister, key changes related to Corporate Income Tax (CIT), Value Added Tax (VAT), and tax reporting for small and medium-sized businesses were discussed. Below is an overview of the main initiatives and their potential impact on businesses in Kazakhstan.

 

Adjustment of Advance Corporate Income Tax Payments

One of the main topics of the meeting was the taxation of income from monetary and credit market operations. From January 1, 2025, to January 1, 2026, a special taxation procedure applied to certain types of income generated from these operations. Under the previous Tax Code rules, income from monetary market operations in 2025 was taxed at a 10% rate. At the same time, the tax base was formed only at the end of the completed tax period, making it a one-time calculation.

 

What is the issue for businesses?

Current regulations require this tax amount to be included in the calculation of advance CIT payments. According to representatives of the National Bank of Kazakhstan, this could lead to an unjustified increase in advance tax payments in 2026, even though these operations will no longer be subject to additional taxation. As a result, the following changes have been proposed:

• ~ revise the procedure for calculating and paying advance CIT payments;
• ~ update the rules for preparing tax reporting;
• ~ reconsider the mechanism for calculating the difference between advance tax payments and the final CIT amount.

The Ministry of Finance supported the initiative and accepted the proposals for further consideration.

 

VAT in Healthcare: Discussion of a Unified VAT Rate

Another important topic was the introduction of a unified VAT rate in the healthcare sector. Currently, Kazakhstan applies a mixed VAT system:

• ~ starting January 1, 2026, a reduced 5% VAT rate will apply to the sale and import of medicines, medical devices, and components;
• ~ starting January 1, 2027, the VAT rate will increase to 10%;
• ~ certain medical services and medicines provided under state healthcare programs remain exempt from VAT.

 

Why does this create challenges?

According to participants of the meeting, the combination of reduced rates and VAT exemptions complicates tax administration because:

1. the risk of accounting errors increases;
2. tax accounting becomes more complicated;
3. difficulties arise in allocating input VAT;
4. the workload on accounting departments grows.

For this reason, the government is discussing the introduction of a unified VAT rate for the healthcare industry. However, the final rate has not yet been determined.

 

Possible Cancellation of Form 200.00 for Small Businesses

Another issue discussed was the possible cancellation of Form 200.00 for businesses operating under the simplified tax regime. Tax consultants noted that even small companies with a minimal number of employees are currently required to submit Form 200.00 along with large businesses.

 

Position of the State Revenue Committee

The State Revenue Committee believes that Form 200.00 is necessary for:

1. monitoring social payments;
2. recording employee income;
3. protecting labor rights;
4. preventing social payment arrears.

According to official data, out of 1.2 million taxpayers who submitted simplified declarations in February 2026, around 800,000 had outstanding social payment obligations. Authorities believe that quarterly reporting helps distribute the financial burden more evenly and reduces the risk of debt accumulation.

 

What Does This Mean for Businesses in Kazakhstan?

The proposed changes demonstrate that Kazakhstan’s tax system continues to evolve rapidly. For companies, this means the need to:

1. closely monitor changes in tax legislation;
2. promptly adjust accounting policies;
3. review tax burdens;
4. adapt accounting processes to new requirements.

These changes are especially important for companies operating under special tax regimes, healthcare businesses, financial institutions, and organizations with a large number of employees.

 

Accounting and Tax Services by FChain in Kazakhstan

FChain is one of Kazakhstan’s leading consulting companies specializing in accounting support and tax consulting services. FChain supports businesses in Kazakhstan effectively adapt to changes in the tax legislation of the Republic of Kazakhstan.

Why Businesses Choose FChain

• ~ Expertise in Kazakhstan tax legislation
• ~ Experience working with LLPs, sole proprietors, and international companies
• ~ Tax risk minimization
• ~ Reliable accounting and tax reporting support
• ~ Fast and professional business assistance
• ~ Individual approach to every client

FChain — A Reliable Business Partner in Kazakhstan

Changes in Kazakhstan’s Tax Code require businesses to respond quickly, maintain accurate accounting records, and ensure timely tax reporting. The FChain team builds effective accounting and tax support systems so businesses can focus on growth instead of tax risks, penalties, and administrative challenges. If you want to prepare your company for upcoming tax legislation changes in Kazakhstan, FChain is ready to support your business at every stage.

 

Rules for the Sale of Medicines and Medical Devices to Be Updated

Prepared by: Moldir Mukhtar

Business Development Specialist

FChain Kazakhstan

📩 almaty@f-chain.com
📱 WhatsApp: +7 771 214 1820