What Happened
Starting from January 1, 2026, a new Tax Code of the RK comes into effect in Kazakhstan, which provides an updated approach to the application of investment tax preferences. This was reported by the Committee of State Revenues of the Ministry of Finance of the RK.
According to the agency, one of the key tasks of investment tax preferences is to create more favorable conditions for making investments, updating production capacities, and expanding business activities. Essentially, this is a tool through which the government encourages companies to invest in development rather than just in current operational activities.
What Are Investment Tax Preferences
Investment tax preferences are a provision in tax legislation that allows a taxpayer to receive a preferential accounting treatment for expenses related to investments in fixed assets and production capacities. In simpler terms, a company that invests in new equipment, buildings, and business expansion can benefit from a special tax regime for such investments.
The goal of the mechanism is to reduce the tax burden at the investment stage, thereby making modernization and expansion of production more economically viable. This is particularly important for enterprises planning long-term capital-intensive projects.
Who Is Affected
This topic is particularly relevant for:
- manufacturing enterprises that are updating or expanding their capacities;
- companies implementing investment projects and investing in fixed assets;
- accountants and financial services who need to accurately reflect the preferences in accounting and reporting;
- business leaders and owners planning capital investments in 2026 and beyond.
For users of accounting solutions on the 1C platform, this means the need to timely account for changes when preparing tax reporting and setting up fixed asset accounting.
What to Do
To correctly apply investment tax preferences under the new rules, it makes sense to organize work in several directions:
1. Study the updated regulations. Familiarize yourself with the provisions of the new Tax Code of the RK that regulate the procedure and conditions for applying preferences, as well as the clarifications from the Committee of State Revenues of the Ministry of Finance of the RK.
2. Evaluate your projects. Analyze planned and current investments in fixed assets to understand whether they fall under the conditions for applying preferences.
3. Prepare accounting. Ensure that the procedure for reflecting investment objects and related expenses complies with legal requirements, and that the accounting system correctly generates the necessary indicators.
4. Check documentation. Investment expenses must be supported by primary documents — this is the basis for the lawful application of preferences.
5. If necessary — consultation. For disputed situations, it is advisable to seek official clarifications from the tax authority.
Deadlines
The updated approach to applying investment tax preferences is effective from January 1, 2026 — from the moment the new Tax Code of the RK comes into force. This means that when planning investments and preparing reports for the tax periods of 2026, one should already refer to the new rules.
Frequently Asked Questions
When does the updated approach to investment tax preferences come into effect? — From January 1, 2026, when the new Tax Code of the Republic of Kazakhstan came into force.
What is the purpose of introducing investment tax preferences? — To create more favorable conditions for making investments, updating production capacities, and expanding business activities.
Who should pay attention to these changes first? — Companies that invest in fixed assets and production capacities, as well as accountants and financial services responsible for tax accounting.
Where can I find official clarifications on the application of preferences? — In the information from the Committee of State Revenues of the Ministry of Finance of the RK and in the provisions of the new Tax Code; for disputed issues, one can seek official clarification from the tax authority.
Do investment expenses need to be documented? — Yes, investment expenses must be supported by primary documents — this is the basis for the lawful application of preferences.