Procedure for Writing Off Penalties and Fines for Micro and Small Businesses - FCHAIN

Procedure for Writing Off Penalties and Fines for Micro and Small Businesses

 The Ministry of Finance of the Republic of Kazakhstan has approved the Rules for writing off penalties and fines for micro and small business entities. The document was registered with the Ministry of Justice on February 13, 2026 (No. 37975).

This measure is aimed at reducing the financial burden on entrepreneurs and provides an opportunity to settle tax arrears without additional sanctions.

 

Who Can Benefit from the Support Measure?

The right to have penalties and fines written off is granted to micro and small business entities, provided they fully repay the principal amount of tax arrears outstanding as of January 1, 2026.

The principal debt must be repaid between January 1 and March 31, 2026.

 

What Will Be Written Off

Upon full repayment of the principal amount of the debt:

• all accrued penalties will be written off, including penalties accrued up to the date of full payment;
• fines related to the taxes and mandatory payments for which the debt has been repaid will be written off;
• fines for turnover carried out before January 1, 2026 during the period of non-registration for VAT may also be written off, provided that no enforcement measures were applied as of January 1, 2026.

 

How the Write-Off Process Works

To qualify for the write-off, the entrepreneur must fully repay the principal debt by March 31, 2026.

After payment, the write-off of penalties and fines will be carried out following a review of taxpayer accounts by special commissions under the state revenue authorities.

 

Why This Is Important for Business

The adopted Rules allow entrepreneurs to:

• close old tax debts without additional financial losses;
• reduce debt burden;
• avoid further accrual of sanctions;
• stabilize business operations and continue activities without accumulated penalties and fines.

This measure provides a real opportunity for micro and small businesses to settle outstanding liabilities and start a new financial period without accumulated obligations.

 

How FChain Can Help

FChain provides professional accounting and tax services for micro, small, and medium-sized businesses. We offer a full range of solutions — from day-to-day accounting to support during tax audits and assistance in resolving outstanding tax liabilities.

Within the framework of the current Rules on the write-off of penalties and fines, our specialists help entrepreneurs promptly verify outstanding liabilities, accurately calculate the principal amount required for repayment, and monitor the process of writing off accrued sanctions.

This comprehensive approach minimizes the risk of refusal and allows businesses to resolve debt issues quickly and without additional financial losses.

 

New Reference Section on the FChain Kazakhstan Website

 

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