29.05.2023
The information herein is based on theoretical and practical information available as of April 2023. The content of this publication is intended for foreign businessmen and companies seeking to do business in the Republic of Kazakhstan. In particular, the brochure allows you to learn about the main forms of doing business in Kazakhstan, including a detailed comparison table of such forms, information on the tax structure, bankruptcy, and it also provides answers to the frequently asked questions for starting and doing business in Kazakhstan. Please note, however, that the legislation in the Republic of Kazakhstan is subject to frequent changes.
Changes in the Tax Code of the Republic of Kazakhstan
The law on the amendments to the Tax Code of the Republic of Kazakhstan was published on 22 December 2022. Below you may find the most significant amendments introduced by this law. These amendments with few exceptions have come into effect on 1 January 2023.
Changes in the digital mining taxation in Kazakhstan
This alert highlights the latest changes to the digital mining taxation in Kazakhstan. A part of these changes has been already enacted, while another one will come into effect later.
24.02.2023
The Belarusian office of GRATA International law firm is pleased to welcome you to the pages of our business guide, dedicated to the legal overview of investment opportunities in Belarus.
Amendments to the legislation of the Republic of Azerbaijan in connection with the provision of tax and other benefits to persons engaged in activities in the field of information technology
From 1 January 2023 a number of amendments to the legislation of the Republic of Azerbaijan in connection with the provision of tax and other incentives to persons engaged in activities in the field of information technology will take effect.
Amendments to the legislation of the Republic of Azerbaijan establishing tax and other incentives in relation to activities in the liberated territories of Azerbaijan will take effect
From 1 January 2023 a number of amendments to the legislation of the Republic of Azerbaijan establishing tax and other incentives in relation to activities in the liberated territories of Azerbaijan will take effect
Tax system in the Republic of Moldova
The Republic of Moldova has a very attractive tax system compared to many European Union countries. The Tax Code of the Republic of Moldova provides that legal entities pay Corporate Income Tax in the amount of 12% of taxable income (general taxation system).
Amendments to the Tax Code of the Republic of Kazakhstan
On 12 July 2022 a number of amendments to the Tax Code of the Republic of Kazakhstan (the ‘Tax Code’) was introduced. Below you may find the most significant of them, which with certain exceptions come into effect on 1 January 2023.
General aspects regarding the VAT regulation in the Republic of Moldova
This tax is of major importance not only for the state, as the main source of budget revenues, but also for VAT payers. In general, VAT administration is a complex thing and involves increased effort and attention for entrepreneurs. Another important aspect of that tax is the nature of its recovery. The possibility of recovering VAT is an important tool in managing a business because it has an important share in the costs of the products and services provided.
Amendments to the legislation in the Republic of Azerbaijan
The Law of the Republic of Azerbaijan “On making amendments to the Tax Code of the Republic of Azerbaijan” #534-VIQD which was adopted on May 13, 2022 and entered into legal force on June 10, 2022 has expanded the types of income of individuals exempt from income tax
25.07.2022
In a period of unprecedented geopolitical turbulence and associated financial and logistical challenges, many entrepreneurs are considering relocating their businesses to more politically and economically stable jurisdictions. An alternative to the countries of the European Union and offshore countries can be rapidly developing member states - Armenia, Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Tajikistan and Uzbekistan.
Electronic invoices verification upon export of goods to Russia
The Pilot project is aimed at controlling movement of the sanctioned goods from Kazakhstan to Russia in order to prevent the sanction regime breach.