Who must file a declaration from January 1, 2025

• For securities, the audit is carried out at the Central Securities Depository.
• For contracts on shared participation in housing construction — IS Kazreestr of the Committee for Construction and Housing and Utilities.
• For intellectual property, copyright — National Institute of Intellectual Property.
• For property transferred to trust management — NAO Government for citizens.
• For the presence of debts and loans — a request to the Republican Notary Chamber via the Doculite system.

The obligation to submit a declaration of assets and liabilities of an individual (FNO 250.00) applies to the following categories:

• ⁠citizens and residents of the Republic of Kazakhstan who own property abroad;
• ⁠candidates for elective and public office;
• ⁠persons applying for the status of a major participant in a bank, securities market or insurance organizations;
• ⁠persons engaged in private practice;
• ⁠citizens wishing to voluntarily submit a declaration.

1. All loan agreements that you plan to include in the declaration must be notarized;
2. If you have cash exceeding 10,000 MCI, they must be placed in bank accounts or other financial instruments to avoid questions during the verification process;
3. If your property (e.g. cultural values, jewelry, antiques, biological assets and other items) exceeds the value of 1,000 MCI, it should be assessed by an independent expert. You can optionally reflect such items in the declaration, but to avoid misunderstandings, it is worth conducting an assessment in advance.
4. Before filing the declaration, you must independently verify your assets. This will help ensure that all data in the documents is accurate and true.

The income and property declaration is submitted at the place of residence (stay), the deadline for submitting the income and property declaration of the 4 stage:

• if submitted in hard copy, no later than July 15 of the year following the reporting calendar year (until July 15, 2025);
• in case of submission in electronic form - no later than September 15 of the year following the reporting calendar year (until September 15, 2025).

At the same time, individual entrepreneurs must submit a declaration at the location of the sole proprietor.

The income and property declaration can be submitted through the "Taxpayer's Office" (kgd.gov.kz), the portal of "Electronic Government", the eSalyq Azamat mobile application, eGov mobile, Halyk bank, Kaspi bank as well as in hard copy in person to the state revenue authorities, PSC and by mail.

If you have submitted an entrance declaration and forgot to specify some property there, it is possible to submit an additional declaration. It is allowed to make changes within the next three years.

What will happen if you do not submit the declaration?

Administrative responsibility is provided for failure to submit the declaration. The first time is a warning, and the second time the tax authorities can issue a fine of 15 MCI for failure to submit a declaration, in addition, a fine is provided for the concealment of taxable objects in the amount of two hundred percent of the amount of unpaid taxes, and in the amount of three hundred percent if such a violation is repeated.

Individuals who have concealed information about the presence of property on the right of ownership outside the Republic of Kazakhstan, as well as having money in foreign banks located outside the Republic of Kazakhstan, will pay a fine of 100 MCI.