Changes in tax legislation regarding the application of a special tax regime based on a patent

  To switch from a patent to other tax regimes, individual entrepreneurs applying the patent regime had to take care of choosing a tax regime by January 1, 2020 and send a notice of the applicable tax regime to the tax authorities electronically (through the taxpayer's office) or on paper.

At the same time, for such individual entrepreneurs, for the correct registration in the notification, it is necessary to indicate the selected taxation regime, and as a reason - non-compliance with the conditions for the application of the patent with the obligatory indication of the date - January 1, 2020.

If the specified notification is not submitted by January 1, 2020, the tax authorities will be obliged to transfer such taxpayers exclusively to the generally established taxation procedure, from which it is possible to switch from which to other special tax regimes for small businesses only after a year.

Benefits of using other SNRs that entrepreneurs will switch to

Entrepreneurs who apply special tax regimes and are recognized as micro or small businesses as part of the implementation of the Address of the Head of State dated September 2, 2019 "CONSTRUCTIVE PUBLIC DIALOGUE - THE BASIS OF STABILITY AND PROSPERITY OF KAZAKHSTAN" will receive income tax exemption for a period of three years.

The simplified procedure for accounting and tax reporting, exemption from accounting is preserved.