Urgent: Kazakhstan Tax Law Changes Impact Businesses

Kazakhstan Tax Law Changes Affect Businesses NUR-SULTAN, Kazakhstan—Recent changes to Kazakhstan's tax laws have resulted in unexpected consequences for several businesses. According to Gulnaz Teleuova, a business consultant, the inclusion of wholesale trade as a qualifying activity has led to the removal of some companies from simplified tax regimes. "The state statistical agency made adjustments to the types of activities," Teleuova explains in a recent video, "and as a result, some entrepreneurs were removed from the simplified tax system because wholesale trade was added to their activities." This change has caused concern among business owners who now face increased administrative burdens and potentially higher tax liabilities. The video, which has already garnered significant views, highlights the need for businesses to review their registration data and ensure compliance with the updated regulations. Teleuova's advice is straightforward: "It is necessary for everyone to urgently check their registration data." The situation underscores the importance of staying informed about tax law changes and seeking professional advice when necessary. The government's actions, while aiming to streamline the tax system, have inadvertently created challenges for some businesses, highlighting the need for clear communication and support during periods of regulatory change.