Tax authorities verify the registered address only when a taxpayer registers for VAT; in other cases, audits are conducted on other grounds.
A verification of a registered address is not considered a tax audit.
It is impossible to predict this audit; the Tax Code does not specify the timing or procedure for the audit, and, moreover, no one will notify you of an upcoming audit.
During an audit, tax authorities verify whether the company is actually located at the address provided; most often, they look for the director or his or her authorized representative.
If neither the company nor its director is found at the registered address, and the tax authorities do not receive a timely explanation, certain consequences may ensue, such as: the freezing of bank accounts, the blocking of the Electronic Tax System (ETS), removal from the VAT registry, and even the compulsory liquidation of the LLP.
To avoid negative consequences for your business, we recommend taking the following steps:
1. Install a sign with the company name and contact phone number
2. Issue a power of attorney to another person in the event that the director is absent
3. Check the mailbox at the rented premises regularly
4. Check the taxpayer's account daily for notifications
If you have any further questions about doing business in Kazakhstan, you can contact an EGSAT Consultingspecialist for more detailed advice. Please submit a request, and we will contact you shortly.
