Obligatory social insurance contributions
Obligatory social insurance contributions are payable by employers at the rate of 3.5% to the State Pension Centre of Pension
Payments. Obligatory social insurance contributions are capped at 3.5% of seven times the minimum monthly wage (approximately 26
United States dollars [USD]) per month, and are deductible from social tax. Only Kazakhstan citizens, foreigners holding a residence
permit in Kazakhstan, and citizens of member countries (i.e. Russia, Belarus, Armenia, and Kyrgyzstan) of the Eurasian Economic
Union (EAEU or EEU), who have a local employment agreement are subject to obligatory social insurance.
Obligatory medical insurance contributions (OMIC)
Starting from 1 January 2020, employer’s OMIC are increased to the rate of 2%. All employers, including branches and representative
offices, should pay OMIC for all their employees, including Kazakhstan citizens and foreigners holding Kazakhstan residence permit, or
citizens of member countries of the Eurasian Economic Union. The monthly income accepted for calculating deductions and
contributions should not exceed ten times the minimum monthly wage (in 2019, the calculation of income is not more than KZT
425,000). Until 2019, the maximum limit was 15 times the minimum monthly wage.
And starting from 1 January 2021, employee OMIC are withheld at a rate of 2% out of employees' gross income and paid to the Social
Health Insurance Fund. The gross income subject to employee OMIC is capped at 10 times the minimum monthly wage per employee
per month. Subject to employee OMIC are Kazakhstan citizens, foreigners holding Kazakhstan residence permit, and citizens of
member countries of the Eurasian Economic Union.