Reminder on the upcoming deadline for 2025 monitoring reporting

As of January 2025 the list of international business transactions subject to monitoring reporting in Kazakhstan has been expanded. In particular, the list was extended to include transactions related to coal, aluminium, rare metals, products of inorganic chemistry and certain other goods, as well as loan transactions.

In addition, updated rules on monitoring reporting came into the force on 1 January 2026. The revised rules introduce separate reporting forms depending on the type of transaction, including oil and gas condensate, other goods, works/ services and loans. These updated rules are applicable to preparation and submission of monitoring reports for 2025.

Who provides? Taxpayers in Kazakhstan are required to submit monitoring reporting if in 2025 they executed international business transactions included in the monitoring list (irrespective of relationship of the parties) and the aggregate amount of income (expenses) and/or obligations for such transactions exceeded the threshold of 250,000 MCI (KZT 983M).

When? The statutory deadline for submission of the 2025 monitoring reporting is 15 May 2026.

In what form? Reports must be submitted electronically.

What are the consequences? Under the Kazakhstan administrative code, failure to submit monitoring reporting within the statutory deadline may result in administrative penalties of up to 350 MCI (approx. KZT 1,5M) for large taxpayers. In cases where material discrepancies are identified between the monitoring report and audit findings or where violations are repeated administrative penalty may be up to 750 MCI (approx. KZT 3,2M).

How EY can help? EY’s transfer pricing team is ready to assist you with the preparation or review of monitoring reporting.