On liquidation of business entities

    ·

    The state revenue authorities are continuously working to simplify procedures and digitalize workflows within the cameral monitoring framework. Particular emphasis is being placed on establishing a convenient, seamless environment for taxpayers during the dissolution of business entities. In line with the implementation of the new Tax Code, Order No. 654 of the Acting Minister of Finance of the Republic of Kazakhstan, dated October 31, 2025, "On Certain issues of fulfilling tax obligations during the liquidation, reorganization, and termination of activities by taxpayers," was officially adopted. Currently, the process for terminating the activities of specific categories of business entities is conducted via a simplified, primarily digital format. Taxpayers are no longer required to visit state revenue offices in person to submit documentation, schedule appointments with specialists, or file hard-copy paperwork. The application for termination of activity is submitted remotely through the Taxpayer’s office. Upon receipt of the application, an automated cameral audit is initiated, with all interactions between the taxpayer and the state revenue authorities maintained in an electronic format.

    One of positive changes is the elimination of the requirement for a specialist of the State Revenue Office to conduct an on-site visit to the taxpayer's location. This optimization reduces time constraints for businesses and minimizes administrative friction. Furthermore, current legislation introduces a specific transitional norm: for micro and small businesses that fulfill the statutory criteria for dissolution, tax reports submitted before December 17, 2025, for tax periods ending prior to January 1, 2026, are exempt from desk audits, provided that a formal tax application for the termination of activities has been filed.

    This norm means that if a micro or small business entity meets the following conditions:

    • files a formal tax application for the termination of activities;

    • satisfies the legal criteria for liquidation;

    • faces no outstanding barriers the termination of activities.

    Upon review of their application, any tax reporting submitted by the entity prior to December 17, 2025, will not be subject to a cameral audit, provided that the reporting covers tax periods concluding before January 1, 2026.

    The conclusion based on the results of cameral control is formed and sent electronically. The taxpayer can receive and familiarize themselves with the conclusion through the taxpayer's office without visiting the state revenue authorities. This format ensures prompt information receipt, transparency of procedures and convenience for entrepreneurs.

    Since the beginning of 2026, simplified cameral control has been carried out for more than 170 legal entities in East Kazakhstan region upon application for termination of activities.

    The transition to the electronic format allows to speed up the termination process, reduce paper document flow and increase the interaction efficiency between the government and business. Work on further improvement and automation of cameral monitoring processes continues on an ongoing basis.

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