Starting from January 1, 2025, a new List of Taxpayers Subject to Monitoring came into effect, including 356 companies with their names and Business Identification Numbers (BINs).
According to Article 130 of the Tax Code, monitoring applies to large taxpayers, representing commercial organizations (excluding state-owned enterprises) with the highest aggregate annual income before adjustments. The document was approved by Order No. 798 of the Minister of Finance of the Republic of Kazakhstan dated December 4, 2024, and became effective on January 1, 2025.
On the same day, amendments to the tax legislation also came into force, including an increase in tax rates and social contributions.
- The rate of social contributions increased from 3.5% to 5%.
- Social contributions now also apply to civil-law contracts, which were previously used to optimize tax payments.
- The social tax increased from 9.5% to 11%.
- Mandatory employer pension contributions rose from 1.5% to 2.5%.
- The rate of mandatory employee pension contributions under the unified payment scheme will be 10.5%, while social contributions will amount to 18.9%.
- The overall unified payment rate increased to 23.8% (previously 21.5%).
The monthly calculated index (MCI) in 2025 increased from 3,692 KZT to 3,932 KZT. The minimum monthly wage remains unchanged at 85,000 KZT.
The increase in MCI affects:
- deduction amounts for personal income tax (PIT) and corporate income tax (CIT);
- maximum limits of mandatory contributions and payments (MPC, SC, MSHIС, MSHID);
- amounts of fines, state duties, and other payments.
Tax regimes and changes in rates:
- Corporate Income Tax (CIT) remains at 20%.
- The rate for bookmakers and the gambling industry may increase to 25%. A similar increase is being considered for the banking sector.
- For enterprises in the social sector and manufacturing industry, the tax will be reduced to 10%.
- Agricultural producers will pay tax at a rate of 3% of income.
- The dividend tax rate will be reduced from 10% to 5% to improve the investment climate.
- Incentives will be provided to investors financing science, mineral extraction, and production.
Three special tax regimes:
- Self-employed regime – a unified minimum payment of 4% for those whose income does not exceed 1.25 million KZT per month.
- Farmers’ regime – instead of a unified land tax, PIT will apply.
- Small business regime – the simplified declaration tax of 3% will be combined with the retail tax.
- If services are provided to individuals – 2%. If services are provided to legal entities – 8%. Maximum annual income – 500 million KZT.
These changes are aimed at optimizing the tax system, enhancing investment attractiveness, and ensuring transparency of tax payments.
