Accounting and tax reporting for a foreign-owned LLP in Kazakhstan in 2026: which returns to file, deadlines, VAT and financial statements

From its first day after registration, an LLP (TOO) in Kazakhstan must keep accounting records and file tax returns, even if it has no turnover. A new Tax Code has applied since 2026. The standard VAT rate rose to 16%, the mandatory VAT registration threshold fell to 10,000 MCI (KZT 43.25 million in 2026), and some special regimes were abolished. Below are the returns a typical foreign-owned LLP files, the deadlines, and how to set up the work with an accountant.

Choosing a tax regime

The regime is chosen at registration or within the set switching windows, and changing it later is awkward. From 2026 the special regimes with a fixed deduction and the retail tax were abolished, so schemes recommended by acquaintances may no longer work. Rates are covered in our 2026 tax overview for foreign business.

Which returns an LLP files, and when

The main tax returns (FNO forms) for an LLP:

This is the basic set, and the exact list depends on the business. According to the State Revenue Committee, form 200.00 is for companies with employees. Tax payment deadlines differ from filing deadlines, and the accountant keeps them in the calendar.

Returns are filed electronically through the taxpayer account, signed with the EDS of the director or an authorised person. A foreigner first needs an IIN to get one.

VAT under the 2026 Tax Code

• Rate: 16% (12% before 2026).
• Threshold: 10,000 MCI of annual turnover, which is KZT 43,250,000 in 2026. It used to be 20,000 MCI.
• Types of registration: voluntary, mandatory and conditional.
• Electronic invoices. A VAT payer issues e-invoices in the information system; without them the buyer cannot offset the VAT.

Track the threshold monthly: with the lower threshold, a company may become a VAT payer in its first year. If your customers are large VAT payers, voluntary registration is sometimes the better option, because they can offset the tax.

Payments to the foreign participant and the parent company

• Dividends to a non-resident are subject to CIT withheld at source. The rate may be reduced under a double tax treaty if the recipient provides a certificate of tax residence.
• Services, royalties and loan interest paid to a foreign corporate participant are also a non-resident's Kazakhstan-source income; the withheld tax is reported on form 101.04.
• A loan from the participant instead of charter capital is a common structure. Mind the limits on deducting interest and the currency control rules.

How the legal form affects taxes is covered in branch or representative office and how a foreigner registers an LLP.

Financial statements and audit

Accounting. An LLP keeps its accounts under Law No. 234-III on Accounting and Financial Reporting: source documents, ledgers and annual financial statements (balance sheet, income statement, cash flow statement, statement of changes in equity and notes). The participants approve the annual statements.

The financial statements depository of the Ministry of Finance. Public interest entities (financial organisations, large companies and others) must file their annual statements there no later than 31 August of the following year. An ordinary small LLP usually does not fall into this group, but check the status with your accountant.

Mandatory audit applies to an LLP under the criteria of the Law on Audit Activity (company size and participant structure). A small LLP usually falls outside it, but a bank, an investor or the parent company may still ask for an audit.

Statistical reports are filed on the forms and schedule set by the statistics authorities; the list depends on the business activity.

Working with an outsourced accountant

1. A contract that splits duties. Who handles source documents, who prepares and signs returns, deadlines for handing over documents, liability for errors.
2. Access. The accountant files using an EDS under a power of attorney or as an authorised person. The director keeps his or her own signature and can see the taxpayer account.
3. A monthly cycle. Bank statements, acts, invoices and e-invoices are handed over by a set date; the accountant sends a payment calendar.
4. A report for the foreign participant. A management summary in English or Chinese covering revenue, taxes and balances. Write it into the contract.
5. Handover. When changing accountants, sign a handover act for databases, documents and passwords. When changing the director, reissue the EDS.

Responsibility to the state remains with the LLP and its director, even when accounting is outsourced.

An annual calendar for an LLP under the general regime

In simplified form, a typical year for an LLP with employees and VAT looks like this:

• monthly: payroll, withholdings and employee contributions, issuing e-invoices;
• by 15 February, May, August and November: forms 200.00 and 300.00 for the previous quarter;
• by 31 March: form 100.00 (CIT) and form 700.00 for the previous year;
• spring: participants approve the annual financial statements;
• when paying non-residents: withholding tax and form 101.04;
• ongoing: tracking the VAT threshold and payment deadlines.

Under the simplified declaration, instead of form 100.00 and the quarterly 300.00, form 910.00 is filed twice a year (by 15 August and by 15 February). Your accountant builds the exact calendar for your company.

Penalties

• Failure to file leads to administrative liability under the Code of Administrative Offences and to the tax authority suspending outgoing payments from bank accounts. For a foreign-owned company this often means supplier payments and salaries stop.
• Late payment means a penalty for each day overdue. Tax debt can also lead to restrictions on disposing of property.
• VAT and e-invoice errors lead to additional assessments and fines after an audit or desk review.
• Consequences at closure. Unsettled debts block the liquidation of the LLP.

Common mistakes by foreign founders

• "No turnover yet, so no reporting." Nil returns are mandatory too.
• Choosing a regime on a friend's advice without modelling expenses and customers' VAT status.
• Not tracking the VAT threshold and missing the point of mandatory registration.
• Paying abroad without withholding tax at source.
• Hiring a foreign employee without an IIN and contract registration, which causes problems with both taxes and immigration status.

How Visa Navigator can help

We register LLPs for foreign founders, gather the information needed to choose a tax regime before registration, obtain IINs and EDS for participants and the director, and handle permits and visas for foreign employees. Bookkeeping and tax calculations are done by an accountant; audit decisions are made by the tax authority. More on the company registration service page.

This material is for information only and does not constitute legal advice. Rules and practice change — verify the current requirements as of the date you apply.