Currency legislation and currency control in Kazakhstan in 2026 for exporting enterprises: practice, changes, risks

Programme

CURRENCY LEGISLATION AND EXPORT TRANSACTIONS IN 2026

MODULE 1. Currency regulation in the Republic of Kazakhstan in 2026: what an exporter needs to know

The current currency regulation system

• Key provisions of the Law of the Republic of Kazakhstan «On Currency Regulation and Currency Control»
• Powers of the National Bank and currency control bodies
• New control priorities for 2025–2026

The role of:

• authorised banks
• tax authorities
• currency control bodies

Practice:

• Defining the exporter's currency transactions (analysis)

MODULE 2. Key changes 2025–2026 affecting exports

• Enhanced monitoring of export contracts
• Digitalisation of currency control
• Updated data exchange: bank — National Bank — State Revenue Committee
• New requirements for supporting foreign trade documents
• Control of cross-border payments
• Enhanced control over repatriation of foreign exchange earnings

Practical analysis:

• How an exporter's work will change in 2026
• Typical company mistakes after the changes

MODULE 3. The export contract as an object of currency control

The exporter's currency agreements

• When a currency agreement registration number is required
• Export of goods vs export of services
• Contract currency and payment terms
• Partial deliveries and multi-stage contracts

Critical contract terms for the bank

• payment deadlines
• delivery terms (Incoterms)
• penalties
• currency clauses

Workshop (in-person document work):

• Analysing a real export contract
• A checklist for «the ideal contract for currency control»

MODULE 4. Bank currency control of export transactions

• Registering the contract for currency control
• Documents requested by the bank from the exporter
• Electronic currency control
• Interaction with the bank on currency transactions

Case:

• The bank refused to make a currency payment — the action algorithm

REPATRIATION OF EARNINGS, INSPECTIONS AND EXPORTER RISKS

MODULE 5. Repatriation of foreign exchange earnings: the exporter's main risk zone

Repatriation requirements in 2026

• Deadlines for receiving foreign exchange earnings
• Partial payment by a non-resident
• Advances and deferred payment
• Offsetting counter-claims

Repatriation violations (real practice)

• Late payment by a non-resident
• fictitious export transactions
• outstanding receivables

Practical case:

• There is an export, but no payment: how to avoid fines

MODULE 6. Export-import currency control: inspections and automatic monitoring

• Recording export contracts
• Removing a contract from currency control
• The role of customs declarations and invoices
• Automatic data reconciliation (customs, bank, tax authorities)

Workshop:

• The currency control procedure for an export deal (step by step)

MODULE 7. Inspections of exporters: the National Bank, the State Revenue Committee, the bank

• Desk control of export transactions
• Risk-based control
• Typical grounds for inspecting an exporter
• Documents requested by inspecting bodies

Analysis of real cases:

• Inspection over non-receipt of foreign exchange earnings
• Inspection of currency agreements

MODULE 8. Liability for violating currency legislation

• Administrative fines for exporters
• Blocking of transactions by the bank
• Financial sanctions
• Personal liability of the director and chief accountant

MODULE 9. Final practical session (workshop)

Group work:

• A complete review of an export deal: contract, shipment, foreign exchange earnings, currency control, closing the contract