The Kazakhstani Parliament considers a draft law[4] and plans to add the foreign company’s Merchant ID[5] number and requisites for payment or money transfer receipt to the list of data required for conditional registration[6]. In addition, the draft law aims to ensure the tax administration of VAT payable due to electronically supplied goods and services to Kazakhstani individuals. While the draft law is under consideration, according to the Section 25 of Tax Code, the foreign company have obligations to register, calculate and quarterly pay VAT at the rate of 12% to the cost of electronically supplied goods and(or) services. At the same time, no invoicing and tax reporting obligations arise.
Source: gratanet.com
Latest Posts in "Kazakhstan"
- Kazakhstan’s Finance Ministry Limits VAT Refunds for Certain Diplomatic Missions: List Released
- Kazakhstan Updates List of Diplomatic Missions for VAT Refunds Effective October 2025
- Kazakhstan to Exempt Certain Medicines and Medical Services from VAT Starting 2026
- Voluntary VAT Deregistration No Longer Allowed from 2026 in Kazakhstan
- Kazakhstan’s Subsoil Users: Who Will Be Exempt from VAT on Imports?