Kyrgyzstan

Corporate - Significant developments

Last reviewed - 24 December 2020

The following updates were introduced into the Kyrgyzstan Tax Code during July 2020 - December 2020:

  • Tax on mining was added to the Tax Code which entered into force from 22 of August 2020. Companies and individual entrepreneurs engaged into the mining activities should pay tax on mining at the rate of 15% (instead of CIT, VAT on taxable supplies and sales tax).  The base of taxation for mining is the accrued amounts for electricity consumed during mining, including VAT and sales tax. Tax period for tax on mining is 1 calendar month.
  • Vehicles powered only by an electric motor produced at enterprises of the Kyrgyz Republic are VAT-exempt starting from 1 November 2020.
  • Companies that are specialised on water supply for the selection and use of groundwater and companies for the selection of groundwater for drinking water supply to settlements, as well as for rural producers in livestock, crop production and fish farming fields are exempt from subsurface use tax. Enters into force from 14 February 2021. 
  • Double Taxation Treaty between the Kyrgyz Republic and the Czech Republic entered into force on 30 November 2020. 

The more detailed information on above were introduced into the relevant sections of WWTS Kyrgyzstan page.