Measures to support entrepreneurship
Decree of the Government of the Republic of Kazakhstan dated March 20, 2020 No. 126
1. For 2020 exempt from:
1.1. payment of property tax by legal entities and individual entrepreneurs for large shopping facilities, shopping and entertainment centers, cinema halls, theaters, exhibitions and sports and recreational and sports facilities;
1.2. land tax on agricultural land producers of agricultural products;
1.3. individual income tax individual entrepreneurs working in accordance with the generally established procedure for taxation.
2. For taxpayers specified in clauses 1.1. and 1.2. of paragraph 1, for all taxes, the accrual of penalties on tax obligations not fulfilled on time until August 15, 2020 was suspended and the deadlines for submitting tax reports were postponed to the 3rd quarter of 2020.
3. Cattle and breeding chickens are included in the list of imported goods for which VAT will be paid by the offset method.
Decree of the Government of the Republic of Kazakhstan dated March 27, 2020 No. 141
1. For the period up to 01.10.2020, the VAT rate is set at 8% when making turnovers on the sale and import of goods included in the list of socially significant food products, approved by the Decree of the Government of the Republic of Kazakhstan dated 01.03.2010 No. 145.
2. For the period until December 31, 2020, manufacturers of excisable goods in the territory of the Republic of Kazakhstan for gasoline (except for aviation), diesel fuel sold for export are exempted from paying excises.
3. For 2020, legal entities and individual entrepreneurs are exempted from paying property tax on objects of taxation used in the implementation of entrepreneurial activities in the field of tourism, catering and hotel services.
4. For taxpayers classified as micro, small or medium-sized businesses in accordance with the Entrepreneurial Code of the Republic of Kazakhstan:
4.1. a deferment of the payment deadline for all taxes and other obligatory payments to the budget, as well as social payments, was granted until 06/01/2020;
4.2. until 01.06.2020, the adoption of measures regarding the application of methods for ensuring the fulfillment of tax obligations that were not fulfilled on time and the enforcement of tax and customs debts, as well as debts on social payments, were suspended, with the exception of taxpayers with a high degree of risk;
4.3. extended until 06/01/2020, the deadlines for the execution of the notification provided for by subparagraph 10) of paragraph 2 of Article 114 of the Code of the Republic of Kazakhstan dated 12/25/2017 “On taxes and other obligatory payments to the budget” (Tax Code), occurring during the state of emergency (from 15.03 .2020 to 15.04.2020), except for high-risk taxpayers;
4.4. the timing of inspections carried out by state revenue bodies was suspended for the period of emergency, while the suspension period is not included in the inspection period.
Decree of the Government of the Republic of Kazakhstan dated March 27, 2020 No. 142
1. When holding annual general meetings of shareholders (participants) in accordance with the procedure established by law, the state bodies exercising the rights to own and use the state block of shares (stakes in the authorized capital) of the JSC (LLP) are instructed to take measures to direct part of the net income of the JSC (LLP) for the payment of dividends (income) in the amount of up to 100 (one hundred)% of the amount of net income at the end of 2019, reflected in the annual financial statements, and their timely transfer.
2. National Welfare Fund Samruk-Kazyna JSC, in accordance with the procedure established by law, was instructed to take measures to direct net income for the payment of dividends in the amount of up to 100 (one hundred)% based on the results of 2019.
3. To state bodies exercising the rights of ownership and use of the state block of shares (stakes in the authorized capital) of JSC (LLP), based on the results of 2020. and subsequent years, when holding annual general meetings of shareholders (participants) in accordance with the procedure established by law, it was instructed to take measures to direct part of the net income of the JSC (LLP) for the payment of dividends (income) in the amount of at least 70 (seventy)% of the amount of net income reflected in consolidated annual financial statements, and in the absence of a subsidiary (subsidiaries) organization (organizations), in the unconsolidated annual financial statements, and their timely transfer.
4. The establishment of a part of the net income for a JSC (LLP) for the payment of dividends (income) in the amount below the percentage determined in accordance with paragraph 3 is subject to mandatory consideration by the Republican Budget Commission.
Decree of the Government of the Republic of Kazakhstan dated April 20, 2020 No. 224
1. Exempt from payment:
1.1. IIT held at the source of payment;
1.2. PIT paid independently by a person engaged in private practice;
1.3. social tax, CPV, CPV, social contributions, contributions and deductions for compulsory health insurance (with the exception of those paid by an individual entrepreneur for himself):
– from April 1, 2020 to 01.10.2020 subjects of micro, small or medium-sized businesses and persons engaged in private practice (the list includes 29 types of economic activity – Appendix 1 to the resolution);
– from April 1, 2020 until 07/01/2020, large business entities (the list includes 10 types of economic activity – Appendix 2 to the resolution).
2. Exempted from paying property tax for the period from 04/01/2020. until 01.10.2020, private practitioners, as well as runways at airfields and airport terminals.
3. Until 01.01.2021 for taxpayers – residents of the Republic of Kazakhstan, engaged in the activities of air passenger transport – a deferment was granted for the payment of calculated VAT for a non-resident for maintenance and legal support of aircraft leasing transactions. At the same time, these taxpayers shall offset the amount of calculated VAT for a non-resident in the tax period in which such purchase of works, services from a non-resident is recognized as taxable turnover, provided that the amount of calculated VAT was paid to the budget before 01/01/2021.
4. Released from 03/01/2020. from the payment of individual income tax withheld at the source of payment, social tax, CPC, CPC, social contributions, contributions and deductions for compulsory health insurance, employees involved in anti-epidemic measures, for allowances paid from 03/01/2020. in accordance with the order of the Minister of Health of the Republic of Kazakhstan dated April 4, 2020 No. 28/2020
5. The deadline for submitting tax reporting forms for 2019 obligations has been postponed from 03/31/2020. as of May 31, 2020