The State Revenue Committee of the Ministry of Finance has published a memo for persons required to submit an asset and liability declaration in accordance with the Law "On Elections in the Republic of Kazakhstan." This was reported by Qazaqyia.kz citing Sputnik Kazakhstan.
Candidates and their spouses must submit an asset and liability declaration to the state revenue authorities at their place of residence before registration, as of the first day of the month of nomination.
The declaration includes the following information: - Property whose rights and (or) transactions are subject to state or other registration in a competent authority of a foreign state in accordance with the legislation of that state: real estate, land plots and (or) land shares, aircraft and sea vessels, inland navigation vessels, river-sea vessels; vehicles, special equipment and (or) trailers; funds in foreign bank accounts exceeding 1000 MCI in total. - Property and liabilities in Kazakhstan and (or) abroad: share in housing construction; share in the authorized capital of a legal entity established outside Kazakhstan; securities, derivative financial instruments; digital assets; investment gold; intellectual property, copyright objects; cash within 10,000 MCI; funds in foreign brokerage accounts; other property worth more than 1000 MCI (optional) (if appraised value exists). - Accounts receivable/payable confirmed by: a notarized agreement between individuals; a reconciliation statement and a civil law contract between an individual and a legal entity and (or) individual entrepreneur, including non-residents; a court decision that has entered into force.
Before filling out the declaration, it is recommended to prepare supporting documents in advance: appraise property with a unit value exceeding 1000 MCI as of December 31, 2025, by an independent appraiser (optional) before submitting the declaration (before September 15); notarize loan agreements (paragraph 2 of Article 423 of the Civil Code) (bank loan agreements are not subject to declaration), as well as their completion (execution).
Before completing the declaration, it is necessary to independently verify the accuracy of the information subject to declaration on the following websites: 1. for securities; 2. for equity participation agreements in housing construction; 3. for intellectual property, copyright objects; 4. for property transferred to trust management; 5. for the presence of accounts receivable/payable (loan agreement certified by a notary) – send a request to the Republican Notary Chamber.
Methods of submitting the declaration: - Electronically: through the web portal of the State Revenue Committee "Taxpayer Cabinet" (IS ISNP); - On paper by personal visit: to state revenue authorities; to the Public Service Center; by mail via registered letter.
