Kazakhstan Oil & Gas Tax Guide 2026

Kazakhstan remains a key energy market in Eurasia, with the oil and gas sector playing a major role in the country’s economy and exports. As the regulatory environment evolves, a clear understanding of the tax framework is essential for investors and industry participants.

This guide provides a practical overview of Kazakhstan’s oil and gas sector and the key tax rules applicable to subsurface users.

What’s inside

• Overview of the oil and gas industry
• Key taxes: CIT, VAT, MET, EPT and others
• Alternative tax regimes and incentives
• Recent and upcoming regulatory changes

Why it matters

With the new Tax Code effective from 2026 and further changes expected in 2027, companies need to reassess their tax position, risks and planning strategies.

How PwC can help

PwC supports oil and gas companies in Kazakhstan with tax structuring, compliance and regulatory advisory, helping clients navigate complex requirements and manage risks.