An individual entrepreneur is entitled to apply the special tax regime based on a simplified declaration, provided that the conditions established by Article 723 of the Tax Code of the Republic of Kazakhstan are met.
The activity under OKED 68201 “Renting and managing own real estate” is not included in the list of activities for which the application of this special tax regime is prohibited. Therefore, leasing out own real estate, including property located in another settlement, in itself does not constitute a basis for switching to the general taxation regime.
Income from leasing property is reflected as part of the income taxed under the special tax regime and is included in the simplified declaration form 910.00, which is submitted at the place of registration of the individual entrepreneur.
At the same time, the declaration form 700.00 on property tax, land tax, and (if applicable) transport tax is submitted to the tax authority at the location of the respective real estate object.
Department of State Revenues for East Kazakhstan Region