EXPERT OPINION
Applicable taxes and obligatory payments to the budget
Signature bonus
Payment for compensation of historical costs
Mineral extraction tax
Excess profit tax (“ EPT ”)
Payment for the use of land plots
Tax base
A one-time payment for acquiring the rights to mining on the contract territory and / or for an extension of the contract territory
Rate / amount
The starting amount of the signature bonus is determined separately for each contract
Part of the historical costs incurred by the government on geological investigation of the contract territory and exploration of mining fields
The value of the taxable volume of mined-out reserves of mineral resources contained in the mineral raw material
0 % -18.5 % ( depending on the type of mineral resource and mineral raw material )
Since 1 January 2018 , subsurface users operating under subsurface contracts for exploration and / or production of mineral resources , underground waters and / or therapeutic mud do not pay EPT provided that such subsurface contracts do not include the production of other types of mineral resources
The validity period of the license for exploration and production of mineral resources
From 15 to 450 MCIs , 1 depending on the license ’ s validity period
Corporate income tax
Taxable income , adjusted for specific income and expenses , as well as losses
20 %
Withholding tax
Branch income tax on nonresident ’ s income operating in Kazakhstan through a permanent establishment
Land tax
Property tax
Environmental fees
Value added tax (“ VAT ”)
Non-resident ’ s income from activities in Kazakhstan that do not create a permanent establishment in Kazakhstan
Net income derived from business activities of a permanent establishment in Kazakhstan
Land plot area
The average annual balance value of taxable properties as per the accounting books
The actual volume of emissions into the environment within and / or above established limits
VAT applies to the following transactions :
• Supplies of goods , work and services in / from Kazakhstan
• Imports of goods
5-20 % ( depending on the type of income ). Exemptions or reduced rates under the relevant double tax treaty may apply
15 %. A reduced rate under the relevant double tax treaty may apply
The rates vary depending on the purpose of usage and relevant categories to which the land plot belongs . The rate could either be increased or decreased by local state authorities ( by up to 50 %)
1.5 %
The rates depend on the source and type of polluting substances , and may be increased by local state authorities
12 % on sales in the territory of Kazakhstan 0 % on export sales
1
Monthly calculation index (“ MCI ”). MCI for 2021 is KZT 2,917 .
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