The innovations in the Tax Code of the Republic of Kazakhstan provide for preventive measures and are designed to facilitate the payment of taxes by both legal entities and individuals.
The application of an additional VAT offset (70%) is provided for new manufacturing companies when selling goods that are the result of manufacturing activities in the manufacturing industry in order to stimulate the creation of new industries, as well as increase investment in the manufacturing industry.
The extension of VAT exemption on imports to the FEZ "Qyzyljar" is provided for the purpose of reducing the cost of agricultural machinery by 12% percent and ensuring its availability.
The application of the minimum level of control prices for certain goods from the EAEU countries will help prevent the facts of undervaluation of imported goods and will allow collecting VAT from the current tax base, the measure is aimed at supporting and protecting domestic producers, since it will allow applying mirror measures against countries that discriminate against Kazakh exports.