Kazakhstan Government Proposes Standard VAT Rate Increase and Other VAT Changes

The Kazakhstan government has proposed certain Tax Code amendments, including the following VAT amendments:

• An increase in the standard VAT rate from 12% to 16%;
• The introduction of a 10% VAT rate for the health sector;
• The introduction of a VAT exemption for agricultural product producers; and
• A reduction in the VAT registration threshold to KZT 15 million.

The amendments are to apply from 1 January 2026. Additional details will be published once available.