Amendments have been made to Article 4 of Article 82 of the Code of the Republic of Kazakhstan" on taxes and other mandatory payments to the budget", starting from 01.01.2022, the limit of the amount of circulation for registration with the value added tax payer has been reduced from 30,000 MCI to 20,000 MCI(61,260,000 tenge).
The tax application must be submitted no later than ten working days from the date of the end of the month in which the amount of turnover exceeds the minimum turnover. The application can be submitted in person on paper and in electronic form.
In case of non-registration as a Value-Added Tax Payer with a limit of 20,000 MCI, i.e. 61,200,000 tenge, in accordance with paragraph 5 of Article 275 of the Administrative Code of the Republic of Kazakhstan, it entails a fine of fifteen percent of the turnover amount for the period not accounted for.
If you have any questions, please call 40-01-05 (ext.4032)