Universal declaration

Universal declaration

Universal declaration in Kazakhstan was introduced on January 1, 2021 and will take place in 4 stages.

On January 1, 2021, the first stage of the introduction of universal declaration for civil servants and persons equated to them started. Since 2023, employees of state institutions and the quasi–public sector and their spouses have filed a declaration (in the form 250.00), since 2024 - heads and founders of legal entities, as well as individual entrepreneurs and their spouses, since 2025 – the remaining categories of citizens, that is, almost the entire adult population of the country.

Since January 1, 2024, the third stage of universal declaration has begun. In Zhambyl region, more than 140 thousand employees of managers and founders of legal entities, as well as individual entrepreneurs and their spouses, will submit an initial declaration of assets and liabilities for the first time.

The Declaration of Assets and Liabilities should reflect:

* Property outside the Republic of Kazakhstan: real estate, land plots and (or) land shares, aircraft and sea vessels, inland navigation vessels, river-sea navigation vessels;

vehicles, special equipment and (or) trailers;

money in bank accounts with foreign banks located outside the Republic of Kazakhstan in an amount that collectively exceeds 1000 times the monthly calculation index established by the law on the republican budget and effective as of December 31 of the reporting tax period for all bank deposits;

the share of participation in the authorized capital of a legal entity established outside the Republic of Kazakhstan.

* Property both in the Republic of Kazakhstan and abroad: a share in a residential building under an agreement on equity participation in housing construction; securities, derivative financial instruments (with the exception of derivative financial instruments, the execution of which occurs through the acquisition or sale of the underlying asset); investment gold; objects of intellectual property, copyright; cash, which is indicated in an amount not exceeding the limit of 10,000 times the monthly calculation index established by the law on the republican budget and effective as of December 31 of the year preceding the year of submission of the declaration of assets and liabilities of an individual; debts of other persons to an individual (accounts receivable) and (or) debts of an individual to other persons (accounts payable) in the presence of a notarized (certified) contract or other document that is the basis for an obligation or claim, with the exception of debts to banks and organizations engaged in certain types of banking operations established in accordance with the legislation of the Republic of Kazakhstan on banks and banking activities in the Republic of Kazakhstan; at the request of an individual, other property may be indicated if the price (value) per unit of this property exceeds 1000 times the monthly calculation index established by the law on the republican budget and effective as of December 31 of the reporting tax period, if there is a value determined in the assessment report conducted under an agreement between the appraiser and the taxpayer in in accordance with the legislation of the Republic of Kazakhstan on valuation activities. Other property does not include property subject to state or other registration, as well as property for which rights and (or) transactions are subject to state or other registration. Thus, the Declaration of Assets and Liabilities (form 250.00) is submitted to record accumulated assets and liabilities on the date of entry into the declaration system. At the same time, information about real estate and vehicles registered with the authorized bodies of the Republic of Kazakhstan should not be reflected in the declaration.

Ways to submit a Declaration of assets and liabilities: The declaration can be submitted electronically through the Taxpayer's Office (cabinet.salyk.kz ), the e-government portal (egov.kz ), as well as through the mobile application eSalyq Azamat, Halyk, Bank Centercredit. Citizens also have the right to submit a declaration in hard copy by mail or in person by September 15.

Administrative liability for failure to submit a declaration of assets and liabilities: In accordance with paragraph 1 of Article 272 of the Code of the Republic of Kazakhstan "On Administrative Offenses", failure to submit a Declaration of assets and liabilities within the time limit established by legislative acts of the Republic of Kazakhstan entails a warning.

At the same time, according to paragraph 2 of Article 272 of the Code of the Republic of Kazakhstan "On Administrative Offenses", acts committed repeatedly within a year after the imposition of an administrative penalty entail a fine in the amount of 15 monthly calculation indices. If you have questions about universal declaration, individuals can get advice at the unified contact center at number 1414.

Дата публикации

26 июня 2024