Kazakhstan’s Ministry of National Economy has proposed tax incentives for priority investment projects, Golden Visa holders and digital asset transactions under draft amendments to the Tax Code. The package, opened for public consultation on 3 September 2026, is set to accept comments until 25 September 2026.
Kazakhstan’s Ministry of National Economy has opened a public consultation on a draft law proposing amendments and additions to the country’s Tax Code. The draft was published on the Open NPAs portal on 3 September 2026 and reflected feedback from government bodies, working groups and the business community.
The proposals cover investment incentives, digital assets, VAT, tax administration, special tax regimes and sector-specific taxation. The draft law is generally scheduled to come into force on 1 January 2027, with certain provisions taking effect later.
The proposed amendments are open for public comments until 25 September 2026.
Investment and tax incentives
The draft would restore tax incentives for priority investment projects and entities that have concluded Investment Agreements. It would also introduce a specific tax regime for “Altyn Visa” holders and their family members and remove the 7,000 MRP fee previously charged to AIFC investors for documents confirming RK tax residency.
Businesses would also deduct 150% of actual expenses incurred for goods labelling and marking. Investment Agreements and Investment Contracts would receive a two-year VAT exemption on imported raw materials and inputs, starting from the commissioning of fixed assets.
For Investment Agreements, the proposed incentives would include a 100% CIT reduction for up to 10 years, a 0 coefficient for land tax for up to 10 years and a 0% property tax rate for up to eight years.
Digital assets and digital taxation
Individuals would be exempt from PIT on income from digital asset transactions conducted through licensed Kazakhstani digital asset service providers from 1 January 2026 to 31 December 2028.
The draft would also provide an amnesty for taxpayers transferring digital assets from unlicensed platforms to licensed providers before 31 December 2028, with related tax arrears, penalties and administrative fines written off.
A mechanism would allow excess VAT to be returned without a tax audit within 10 working days where transactions and refunds were processed using the digital tenge.
VAT and excise measures
The draft would gradually reduce the additional VAT offset coefficient for agricultural producers, starting at 80% in 2026–2027 and reaching 10% in 2033–2034, with the mechanism due to be eliminated by 2035.
It would also introduce hookah mixtures as a new excise product category and set progressive excise rates for spirits, wines, tobacco products and hookah mixtures for 2026–2030.
Tax administration and online platforms
The proposals would tighten the special tax regime for self-employed individuals by preventing founders of LLPs and shareholders of JSCs from using the regime.
Internet platform operators and banks would act as tax agents for self-employed individuals, withholding and transferring individual income tax and social payments. They would also be required to integrate with a special mobile application for issuing digital receipts.
Tax authorities would gain powers to suspend sales through internet resources or online platforms where businesses failed to address tax violation notifications or camera control discrepancies within three working days.
The draft would also clarify Electronic Invoice (ESF) requirements, non-resident income from financial loans and VAT offsets relating to payments made on behalf of non-residents.
Sector-specific measures
For the oil sector, the draft would revise the world market oil price calculation using North Sea Dated (Brent Dtd) quotations and price spreads or premiums relative to KEBCO.
Reduced MET rates would remain available for certain low-rent, high-viscosity, water-flooded, low-yield and depleted oil fields, subject to annual recalculation where profitability exceeded specified thresholds.
The proposals would also establish special amortisation rules for geology, exploration and preparatory costs related to complex onshore and offshore hydrocarbon projects, using conditional multipliers of 1.5 and 2.0 respectively.
Relief for micro and small businesses
The draft would provide several measures for micro and small businesses, including protection from camera control and tax audits for certain historical filings and relief from administrative penalties relating to earlier tax registration and filing failures.
It would also provide for the write-off of penalties and administrative fines where qualifying businesses had settled specified principal tax debts during the relevant period, while penalty accruals on unpaid tax obligations would be halted during 2026.
