OrbitaxKazakhstan Enacts New Tax Code Including New Corporate Tax Rates, Increased VAT Rate, and Progressive Individual Income Tax Rates
|Approved Changes|Kazakhstan
Kazakhstan has published Law No. 214-VIII, which was signed by President Kassym-Jomart Tokayev on 18 July 2025 for the introduction of a new Tax Code. Some of the key measures of the new Tax Code include the following:
- The general corporate income tax rate is maintained at 20%;
- An increased corporate income tax rate of 25% is introduced for banking activities of second-tier banks (with except…
