CodeIn force
Tax Code (2025)
Tax Code of the Republic of Kazakhstan
The new Tax Code, adopted on 18 July 2025 and in force from 1 January 2026, replacing the 2017 Tax Code. It sets all taxes and budget payments, including the special regime for subsoil users (signature bonus, mineral extraction tax, excess profit tax and others) and the rent tax on crude oil exports.
What matters for an oil & gas company
- In force from 1 January 2026 (a few provisions from 1 July 2026 and 1 January 2027); the 2017 Tax Code was repealed on the same date.
- Special payments and taxes of subsoil users: signature bonus, historical costs reimbursement payment, alternative subsoil use tax, royalty, Kazakhstan's share under production sharing, mineral extraction tax (MET) and excess profit tax.
- MET on crude oil is charged on the value of production; in 2026 the rate depends on annual output (5% to 18%, with a 0.5 reduction factor for oil sold domestically), and from 2027 on both output and the world oil price.
- Rent tax on export is due on crude oil exports (HS subheading 2709 00); from 1 January 2027 volumes produced by MET payers are exempt (in 2026 only volumes of alternative-tax payers and of contracts with a stabilised tax regime under Article 755).
- The standard VAT rate is 16% (12% under the 2017 Code); tax stability is kept only for production sharing agreements signed before 1 January 2009 that passed tax expertise and for contracts approved by the President.
The summaries are for orientation and are not legal advice. Only the official text is legally binding. Checked in September 2026.