The Labor Code of Kazakhstan and other national laws state that every employee is entitled to an annual paid leave, and 2026 is no exception. While vacation is a time for employees to rest and recharge, for an accountant, it is a busy period: they must handle all the paperwork (applications, orders), consider the type of leave, and calculate the number of days and the amount of vacation pay according to Kazakhstan’s legislation.

How should vacation days be calculated in Kazakhstan in 2026? What nuances should be considered? We will answer these questions, taking into account the types of leave relevant for Kazakhstan.

Unlike standard bank cards, premium debit cards offer access to exclusive opportunities..

Let’s explore what a premium card offers and what functions it provides.

Any companies and individuals with whom you conduct business are considered your counterparties. The success of your transactions equally depends on both you and your partners. This means that entering into business relationships is only advisable with verified, reliable, and responsible partners. Unfortunately, not all counterparties meet these criteria. How can you determine whether a partner is trustworthy? You need to assess the counterparty's risk level.

The New Year traditionally brings new legislative norms in Kazakhstan. Starting January 1, 2026, companies in Kazakhstan are required to make mandatory employer pension contributions (OPVR) for their employees. It is important to note that these contributions are only required for employees born after January 1, 1975.

To manage work time effectively, optimally distribute workloads considering the specifics of each employee's work, and efficiently plan vacation time, companies in Kazakhstan use a production calendar. In 2024, there will be 249 working days (for a five-day workweek), with 117 days designated as weekends and holidays.

The new year 2024 brings yet another change for business owners in Kazakhstan: starting January 1, individual entrepreneurs and legal entities are required to undergo universal income declaration. This process, essentially a business assets census, applies to all entrepreneurs regardless of their industry. Thus, the submission of Declaration Form 250 is required for everyone from small shop owners and confectioners to large enterprise managers.

For novice individual entrepreneurs, accounting can be a daunting task. The fear of making mistakes, which could lead to fines and other problems, is very real. Outsourcing accounting tasks may seem like an attractive option, but hiring an external accountant is often too expensive for those just starting out in business.

However, accounting can be done independently—correctly, efficiently, and without risks. How can this be achieved? One of the modern solutions is online accounting.

Since 2018, Kazakhstan has been implementing the "Economy of Simple Things" program. In 2023, the fifth package of amendments was introduced, which resulted from close cooperation between the government and the business community.

To cease the activities of a company registered as a Limited Liability Partnership (LLP), one must go through the liquidation process, which takes about four months and requires thorough preparation.

Interestingly, the decision to close an LLP in Kazakhstan is not always made by the partnership's founders. In some cases, it happens involuntarily—by court order. For example, a common reason for forced LLP closure in Kazakhstan in 2026 was bankruptcy. Other reasons include registration violations (such as the owner failing to register the partnership with the tax authorities or being unable to obtain a BIN in time).

How can you close an LLP in Kazakhstan in 2026, and is it possible to do it online? What documents are required for closure? What pitfalls should you be aware of? Let's take a step-by-step look at the process.

Today, the perception of the phrase "made in China" has dramatically changed. Firstly, high-quality products are manufactured in China. Secondly, nearly everything is produced in local factories—from jewelry and branded clothing to household appliances and industrial equipment. It's no wonder that China is becoming an increasingly attractive destination for those who are starting a business or want to grow their existing ventures.

Collateralized lending is a type of borrowing where the borrower pledges real estate or other property as security for the loan. The purposes of such lending can vary widely, including the purchase of real estate, a vehicle, home renovation or construction, acquiring equipment for a business, and more.

When an entrepreneur needs to acquire a vehicle or specialized equipment but doesn't have the full amount, they can opt for a loan. However, leasing is gaining popularity as a financing option. While it is similar to a loan in some ways, there are significant differences.

Transporting goods within the country involves a significant amount of documentation. To simplify the paperwork for certain groups of goods, Kazakhstan introduced a document known as the Consignment Note (СНТ) in 2020. This document also facilitates tax and customs administration procedures.

Чтобы встать на ноги, новому бизнесу нужно изрядно потрудиться: создать корпоративный сайт, разработать маркетинговую стратегию и потратиться на рекламу. Эти меры позволят потенциальным заказчикам узнать о вашей компании. Но есть и иной путь: реализовать товар или оказать услуги крупному государственному или частному заказчику. Это гарантирует быстрое и эффективное продвижение без лишних затрат. Именно по такой причине многие бизнесмены решают начать своё дело в Казахстане с участия в тендерах.

For businesses of various sizes and specializations to legally operate in Kazakhstan, they must pay taxes. The funds collected by the government are used to address various needs, from ensuring national security to implementing state programs, including those supporting businesses.

What taxes exist for businesses in Kazakhstan? How many and what types of taxes do companies pay?

It is a mistake to think that an accident that occurs to an employee while performing their duties only harms that specialist. In fact, it is a serious blow to the business: any incident is thoroughly investigated, and if the employer is found to be at fault, they face hefty fines and prolonged court proceedings. Mandatory insurance of organization employees against accidents can protect the entrepreneur from such problems.

To carry out entrepreneurial activities, an individual entrepreneur must obtain a document that grants the right to operate after company registration. Previously, this document in Kazakhstan was the Certificate of Individual Entrepreneur Registration, but it has now been replaced by a certificate (talon). Let’s look at where to obtain it online and how to download this document.

For conducting legal business activities, a legal entity, including an LLP (Limited Liability Partnership), needs a bank current account. This account provides access to numerous services: you can pay suppliers, disburse employee salaries, transfer money between your accounts, pay taxes, and make other contributions.

How do you open a current account for a legal entity? What documents need to be prepared? We explain the nuances you should be aware of.

The information provided on this page is for archival (informational) purposes only and is no longer current.

The Bank does not guarantee the accuracy or applicability of the information as of the current date and shall not be held liable for any decisions made based on this material.

The up-to-date information is available at the following link: https://www.bcc.kz/bcc-journal/self-employment-2026/

Many people provide services or produce goods which they then sell, but work illegally. One of the ways to legalize their activities is to become self-employed. This format is relevant for individuals working as freelancers.

How to register self-employment in Kazakhstan? How much tax should be paid? What nuances should be kept in mind?

A Limited Liability Partnership (LLP) is a type of business activity that allows to carry out legal business operations in the territory of the Republic of Kazakhstan. LLP is suitable for businesses of various scales, from a small company to a large organization.

To successfully open an LLP in Almaty or other cities in Kazakhstan, you need to be aware of many nuances, which we will discuss in this article.

Usually, borrowers focus on such parameters as loan amount, nominal interest rate, monthly payment, and early repayment option. However, an equally important indicator is the AEIR (Annual Effective Interest Rate). The lower the AEIR, the more favorable the lending terms for the borrower.

Let's understand what the AEIR in a bank loan is and try to explain this concept in simple words.

What is AEIR?

The AEIR, or Annual Effective Interest Rate, is the total amount you will overpay in a year while using a loan. It includes not only interest on the loan from the bank but also other fees and charges related to loan servicing. This includes insurance, the cost of issuing and maintaining a bank card to which the loan funds are credited, and account maintenance fees. It is important to clarify the interest rate size before signing a loan agreement.

By the way, the bank’s obligation to indicate the AEIR when issuing a loan is regulated by the Civil Code of the Republic of Kazakhstan. This makes the lending process more transparent and helps the borrower choose the most favorable loan program.

Annual Effective Interest Rates

For ten years—from 2011 to 2021—the rate was unified and remained at 56%. However, starting in 2011, it was differentiated depending on the type of loan, the form of collateral, and the loan term:

• 46% — for loan programs without collateral (i.e., unsecured loans). If the loan is issued with collateral, the borrower may qualify for a 35% rate.
• 25% — the interest rate for mortgage loans. This rate will remain applicable at least until July 1, 2026.
• 179% — the maximum rate for short-term microloans (this type of lending involves borrowing small amounts). This applies to both secured and unsecured microloans.

Thus, rates range from 20% to 46%. However, the upper cap is 46%. In other words, the APR (GESV) cannot exceed 46%.

Loan Repayment Methods

There are two types of payments to repay loan agreements – annuity and differentiated payments. Let's try to understand these concepts in more detail.

A loan consists of two components: the principal (the amount you directly borrowed from the bank) and interest (the bank's reward for using loan proceeds). The way how you repay the principal and interest is the basis for dividing payments into annuity or differential payments.

Annuity payment is the most popular due to its simplicity. The entire amount (principal + interest) is divided into equal installments considering the loan term. You repay the loan monthly, with part of the payment going towards the principal and the other part towards the interest. The ratio of principal to interest gradually changes: in the first half of the term, most of paid money covers interest, and in the second half of the term - the principal. Borrowers like this type of payment for a stable debt load: you know exactly how much you need to pay the bank, which allows for effective expense planning.

Differentiated payment does not offer such stability but means that monthly payments will decrease over time. However, in the first months, you will experience the maximum loan load. The essence of this approach is simple: each month you pay a fixed amount of principal, while the amount going towards interest repayment to the Bank gradually decreases. Also, the bank or organization engaged in certain types of banking operations has the right to offer the borrower additional loan repayment methods calculated according to internal rules.

How to Calculate AEIR?

A manager of the bank where you are consulting on a loan will help you calculate the overpayment amount. This is the simplest and most effective way, as all fees and other charges need to be considered in the calculation. Moreover, according to the Civil Code of Kazakhstan, calculations are performed using a complex formula designed for professionals – bank employees and financiers.

If you want to make calculations yourself, use the online calculator on the Kazakhstan Government’s website at Gov.kz. First, the system will prompt you to choose the loan repayment method: annuity or differentiated payment. Then, you need to provide information about the loan amount and term, issue date, interest rate, etc. The final step is to click the Apply button. The amount of interest on the loan will be calculated automatically.

In this article, we have figured out what the loan interest is and established that it is one of the most important indicators. It needs to be carefully studied when choosing a loan program, as it will help to adequately assess your solvency and avoid problems in the future, such as penalties and deterioration of credit history.

Author - Broslavskaya Natalia Alexandrovna