New Rules for Assessing Income of Self-Employed Individuals and Individual Entrepreneurs - FCHAIN

New Rules for Assessing Income of Self-Employed Individuals and Individual Entrepreneurs

 

On March 11, 2026, the National Bank of the Republic of Kazakhstan adopted Resolution No. 18, introducing amendments to macroprudential standards and methodologies for calculating borrowers’ income. The document came into force on March 20, 2026, and applies to relationships arising from March 19. The changes directly affect self-employed individuals and individual entrepreneurs operating under special tax regimes.

 

What has changed

The main purpose of the amendments is to align banks’ requirements for assessing borrowers’ income with the Law “On Banks and Banking Activity” and the Tax Code of the Republic of Kazakhstan. Banks now have clearer guidelines for determining official income for clients with non-standard income sources.

 

How income is now assessed

The key criterion remains the confirmed official income for the last 6 months prior to applying.

Income can be determined based on one or several sources:

• bank account statements (salary and other receipts)
• data from government databases
• pension contribution records
• individuals’ income net of mandatory payments

Additionally, the following may be included:

• pension payments
• insurance payments (including annuities and mandatory employee insurance)

 

Specifics for self-employed individuals

For self-employed individuals, official income is now based on:

• data from mobile applications (used for income registration)
• tax registries

• other sources other sources provided for by tax legislation

This is a significant change, as previously it was more difficult for this category of borrowers to confirm income.

 

Specifics for individual entrepreneurs under the simplified declaration

For IEs, income is determined based on tax reporting, taking into account expenses and paid individual income tax (IIT). Thus, banks will assess the actual financial position of the business, rather than just gross revenue.

 

Accounting and Tax Services by FChain

FChain provides comprehensive accounting and tax support for businesses, taking into account all актуальные changes in the legislation of the Republic of Kazakhstan.

We ensure transparent and accurate accounting, minimize risks, and create conditions for confident business operations under new requirements.

Our services include:

• full accounting and tax bookkeeping in compliance with current regulations
• timely preparation and submission of reports without risks of penalties or additional charges
• correct tax calculation, including VAT, considering the latest changes

FChain experts continuously monitor legislative updates and help businesses quickly adapt to new rules while maintaining stability and transparency.

 

HR Enbek: How an employee can independently update employment contract data

Prepared by: Moldir Mukhtar

Business Development Specialist

FChain Kazakhstan

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