Since January 1, 2025, the minimum turnover threshold for VAT registration has increased in Kazakhstan. This is due to the increase in the monthly calculation index (MCI), which amounted to 3,932 tenge. Now the threshold is 78,640,000 tenge (in 2024 it was 73,840,000 tenge, and in 2023 – 69,000,000 tenge).
According to the Tax Code, the threshold for VAT registration is defined as 20,000 times the MCI as of January 1 of the current financial year. However, this minimum does not include turnover associated with the use of special tax regimes (STR) and settlements through the three-component integrated system (TIS).
For individual entrepreneurs applying the STR based on a simplified declaration, the threshold is 124,184 times the MCI, which in 2025 amounts to 488,291,488 tenge. However, this only applies to non-cash payments using TIS.
Actions when the turnover threshold is exceeded
If the limit is exceeded, the entrepreneur is obliged to submit an application for VAT registration within 10 working days after the end of the month in which the excess occurred. Failure to comply with this rule may result in the following measures:
- Notification by tax authorities.
- Suspension of transactions on bank accounts 30 working days after notification.
Also, for violating the deadline for filing an application, a fine of 50 MCI is provided, which in 2025 is 196,600 tenge.
Obligations of registered VAT payers
After registration, the payer is required to submit a quarterly tax return on form 300.00 by the 15th day of the month following the reporting quarter, and the tax at a rate of 12% must be paid by the 25th day of the second month after the reporting period.
Thus, timely control of turnover and compliance with established procedures will help entrepreneurs avoid problems with tax authorities.
