Mobile Transfer Audits Prompt 17,000 Kazakhstanis to Register as Sole Proprietors

Around 17,000 citizens in Kazakhstan have registered as individual entrepreneurs following tax audits of personal mobile money transfers.

The State Revenue Committee shared preliminary results from its monitoring program, which utilizes transaction data provided directly by commercial banks. The initiative aims to curb undeclared business activity and bring informal commerce into the formal economy.

Fiscal authorities intend to continue monitoring cashless transactions to improve tax compliance and enhance transparency in retail trade.