How are cash payments conducted in Kazakhstan?

How are cash payments conducted in Kazakhstan?

21.05.2025 18:31:17 18427

Cash payments in the territory of the Republic of Kazakhstan are carried out as follows:

Using cash registers: all enterprises and entrepreneurs engaged in trading activities or providing services to the public are required to use cash registers.

 Thisallows you to recordeverycashpaymentandissue a cashreceipt to the client.

Through bank cash desks: Funds can be deposited or withdrawn from a bank account in cash through bank cash desks. Such transactions are usually confirmed by relevant bank documents, such as cash receipts and disbursements.

 Use of paymentterminals:paymentterminals are installedinretailoutletsandenterprisesthatallowcustomers to makecashpaymentsthroughautomateddevices.

The terminals will issue the appropriate receipt or receipt. Receipts and receipts: in some cases, for small purchases or services, cash payments can be confirmed by receipts or receipts issued by the seller or service provider.

 Amountlimits: The lawsetslimitson the maximumamounts of cashpayments. For example,forlegalentitiesandindividualentrepreneurs, a limitmaybeseton the amount of a one-timecashtransaction.

Compliance with taxlaws:allcashtransactionsmust be reflectedin the company's accounting records andincludedintaxreturns.

Cash payments must be documented for tax purposes. These measures are aimed at ensuring transparency of cash flows, prevention of tax evasion and compliance with financial discipline in Kazakhstan.

Source : https://www.gov.kz/memleket/entities/kgd-akmola/press/news/details/1006550?lang=kk