Size is font:
A A A
Site color:
Ц Ц Ц
Show images:
На сайте присутствует голосовой помощник
Вам необходимо выделить текст и нажать на кнопку громкости
Режим доступности
Size is font:
A A A
Site color:
Ц Ц Ц
Show images:
На сайте присутствует голосовой помощник
Вам необходимо выделить текст и нажать на кнопку громкости
Log In
Cканируйте QR-код, камерой вашего телефона
Cканируйте QR-код, камерой вашего телефона
Cканируйте QR-код, камерой вашего телефона
Log In
Cканируйте QR-код, камерой вашего телефона
Cканируйте QR-код, камерой вашего телефона
Cканируйте QR-код, камерой вашего телефона
Menu
Наталья Брославская
Статьи автора
bcc journal
Starting in 2024, Kazakhstan Implements Universal Declaration: What Is It and Who Does It Concern?

The new year 2025 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.

bcc journal
How and Where to Check the Reliability of a Counterparty

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.

bcc journal
Property Tax in Kazakhstan in 2025

Every year, individuals and legal entities in Kazakhstan who own taxable property are required to pay property tax. This article will clarify what types of property are subject to taxation and identify those who are exempt from payment.

bcc journal
The SWIFT International Transfer System: What It Is and How to Use It

In 2024, Bank CenterCredit launched the SWIFT GO service, becoming the first bank in Kazakhstan to operate with this system. This means your transfers will now be even more secure and faster.

bcc journal
How to Properly Calculate Vacation Pay? What Types of Leave Are There and What Are Their Features?

The Labor Code of Kazakhstan and other national laws state that every employee is entitled to an annual paid leave, and 2025 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 2025? What nuances should be considered? We will answer these questions, taking into account the types of leave relevant for Kazakhstan.

bcc journal
MRP and MWP: What Are Their Values in Kazakhstan for 2025?

Minimum calculation indicators are used when calculating social benefits, determining tax amounts and other payments, and the amount of fines. Specialists primarily operate with indicators such as MRP and MWP.

bcc journal
Form 910 Declaration: What Is It and How to Submit It?

Individual entrepreneurs and partnerships operating under a simplified system in 2025 must submit Form 910 to regulatory authorities. This declaration contains data on income, taxes paid (including Personal Income Tax and social tax, totaling 3% of income), deductions made for oneself and employees. The form allows reporting these parameters for each month of the half-year.

bcc journal
Re-registration of an LLP

When registering an LLP (Limited Liability Partnership) in Kazakhstan, entrepreneurs provide crucial information, such as the legal address and the list of founders. But what should they do if this information changes? In such cases, a re-registration procedure for the LLP is required.

bcc journal
Sewing Business: From Dream to Goal. The Story of Gulmira Aytimbetova – Founder of GUITEX

In mid-March, Bank CenterCredit launched a series of interviews featuring Kazakhstani entrepreneurs. The protagonist of the first interview was Gulmira Aytimbetova. Her story is truly inspiring: she embarked on a challenging journey from running a small tailor shop in a rented apartment to establishing her own business, whose clients now include some of the largest Kazakhstani and international companies. Among them are the luxury hotel chain The Ritz-Carlton, the Shymkent Brewery, the SMALL supermarket chain, and the Kazakhstan Hotel.

Today, GUITEX is one of the largest companies in the country specializing in corporate clothing production. It boasts over 100 regular organizational clients, and its production volume reaches 60 million tenge.

bcc journal
How to Open a Pickup Point?

Wildberries, Ozon, Lamoda – these marketplaces are used by thousands of Kazakhstani citizens daily to order goods. For example, within just one year, Ozon’s turnover in Kazakhstan increased tenfold, and the number of orders per active customer approached 20 per year. An equally large number of people use the courier service SDEK. Therefore, opening a pickup point (PVP) for these companies is a promising business idea.

Articles
Transport Tax for Businesses and Individuals in Kazakhstan in 2025

In Kazakhstan, individuals who own a car are required to pay an annual transport tax, and 2025 is no exception. This obligation also extends to legal entities.

bcc journal
Taxes in Kazakhstan

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?

bcc journal
Тендеры по госзакупкам в Казахстане

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.

bcc journal
What is AEIR?

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 10 years, between 2011 and 2021, the rate was unified and maintained at 56%. However, since 2011, it has been differentiated based on the type of loan, the method of its collateralization, and the loan term:

  • > 56% – for unsecured loan programs (i.e. collateral-free). If the loan is secured, the borrower can count on a rate of 40%.
  • > 25% – interest on a mortgage housing loan.
  • > 56% – the maximum for microloans (such lending involves borrowing small amounts). This applies to both secured and unsecured loans. However, borrowers who take out a secured microloan for less than 45 days (amounting up to 50 MCIs) can expect a rate of 20%.

Thus, rates range from 20% to 56%, with the upper limit being 56%. In other words, the AEIR cannot exceed 56%.

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

Поиск по сайту
We use cookies
We use cookies to improve website performance and your user experience
Back
Cookie settings
We use cookies to improve website performance and your user experience
Essential cookies
Always active
These Cookies do not gather information about you that could be used for marketing purposes, and do not remember when you have been on the Internet. You can disable these Cookies by changing your browser settings, but this may affect the functioning of our website when interacting with our website.
Non-essential cookies
Analytics cookies: help improve the user experience and ensure that any information provided to you matches your interests and preferences. The cookies collect information in a way that does not directly identify anyone.