New Transparency Rules for Foreign Funding in Kazakhstan: What You Need to Know?

Minister Aida Balayeva recently announced that anyone getting money from foreign sources must now provide more data to the state. This applies to both individuals and companies.

What is changing?

Starting January 1, 2026, a new rule began. Now, people and organizations that get money or property from foreign governments, international groups, or foreigners must show even more information than before.

How does the "Foreign Money List" work?

• Reporting: Every three months, these people and companies must send a financial report to the tax office.
• The List: Based on these reports, the government makes a special list (registry). This list is published every six months. Right now, there are 186 people and groups on it.
• New Details: Starting in March 2026, the list will show two new things:
• Where the money came from (who gave it).
• Exactly how much money was received.

What happens if you don't report?

The Minister warned that there are punishments for hiding this information:

• Fines: Individuals or non-profits can be fined between 185,000 and 923,000 tenge (50 to 250 MCI).
• Jail Time: If someone avoids paying a large amount of taxes on purpose, they could face criminal charges.

Also, since January 1, tax officers have more power. They can now check exactly how this foreign money is being spent to make sure it is used for the right reasons and that all taxes are paid.
The government says these steps are necessary to keep a close eye on foreign funding and make sure everyone follows the law.