Launch a Business in Kazakhstan

There are different ways to form a business in Kazakhstan, each with own advantages and disadvantages. The most common form of business vehicle used by foreign companies is a limited liability partnership.

Novelty in transfer pricing in 2024

Lawmakers approved amendments to transfer pricing issues in the first reading, which will come into force on January 1, 2024. The document aims to prevent losses of government revenue in international business transactions.
 

Stick or twist

The car industry has generated wealth for generations of family-owned component manufacturers and well-paid jobs for millions. Now this delicately balanced ecosystem is facing an existential challenge with the rise of electric vehicles.

COVID-19 FINANICAL REPORTING IMPLICATIONS

As the impact of COVID-19 continues to unfold around the globe, the COVID-19 pandemic, and the conditions resulting from the measures taken to contain it have also created significant challenges to preparers and auditors of financial statements. 

EXEMPTION FROM PAYROLL TAXES AND ADDITIONAL TAX BENEFITS ARE PROVIDED TO CERTAIN TYPES OF ECONOMIC ACTIVITIES

The Resolution of the Government of Kazakhstan dated 20 April 2020 #224 «Concerning further measures on the implementation of the Decree of the President of the Republic of Kazakhstan dated 16 March 2020 #287 «Concerning further measures on stabilizing the economy» regarding tax matters» approved the list of economic activities exempt from payroll taxes and extended the 2019 annual tax reports filing deadline until 31 May 2020.

EXTENSION OF THE DEADLINE FOR SUBMITTING ANNUAL TAX REPORTS IN THE STATE OF EMERGENCY

In the course of implementation of the Decree of the President of the Republic of Kazakhstan dated 15 March 2020 No. 285 “Concerning the introduction of a state of emergency in the Republic of Kazakhstan” and in accordance with Articles 19, 212 of the Code of the Republic of Kazakhstan “Concerning taxes and other obligatory payments to the budget” (Tax Code), the deadline for submitting 2019 annual tax reports was extended until 30 April 2020, subject to electronic submission of those reports.

MOORE STEPHENS NAMED ACCOUNTANCY FIRM OF THE YEAR

The awards celebrate London’s financial and business community and its most successful individuals and firms. This is the eighth year the awards have been held – and the first time that the Accountancy Firm of the Year accolade has been awarded to a firm from outside the largest six firms. 

NEW GLOBAL CEO APPOINTED

We’re delighted to announce that Anton Colella has been appointed as Moore Stephens International’s new global Chief Executive Officer following a worldwide search.