The State Tax Service of the Kyrgyz Republic has announced a temporary suspension of raid inspections and test purchases related to compliance with tax legislation in the area of cashless payments. This concerns the use of payment equipment, including POS terminals, electronic wallets, and QR codes, and affects small and medium-sized businesses, as reported by the agency's press service.
It is also noted that the temporary suspension applies to the requirements for the use of specialized bank accounts for conducting business when dealing with electronic wallets and QR codes.
This measure will be in effect until December 31, 2026, and applies to taxpayers operating:
- under a simplified taxation system with a single tax rate of 0 and 0.5 percent;
- on a patent basis;
- while paying taxes in a trade zone with a special regime;
However, the moratorium will not apply to those who:
- conduct activities without tax registration or without paying taxes on a patent basis;
- are subjects of complaints or statements received by tax authorities from individuals and legal entities, as well as investigative bodies;
- have confirmed information about tax evasion, including taxes on hired workers;
- trade in excise goods — regarding checks for the presence of excise stamps.
Meanwhile, the State Tax Service will continue to conduct explanatory work with entrepreneurs regarding compliance with tax legislation norms related to the use of payment equipment, including POS terminals, electronic wallets, and QR codes.
