The State Tax Service of Kyrgyzstan reminds taxpayers operating under the simplified taxation system using the unified tax about important deadlines for submitting reports and paying taxes.
According to the current tax legislation, entrepreneurs are divided into three categories based on their total income for the past year: small, medium, and large businesses.
Small Business
· The total income for the last 12 months should not exceed 8 million soms — for both organizations and individual entrepreneurs.
· Reporting deadline: by the 20th of the month following each quarter.
· Tax payment deadline: also by the 20th of the month following each quarter.
Medium Business
· The total income ranges from 8 to 50 million soms for the last 12 months — for organizations and individual entrepreneurs.
· Reports are submitted monthly, no later than the 20th of the following month after the reporting month.
· Tax payments are also made monthly, by the 20th of the following month.
Large Business
· The total income exceeds 50 million soms for the last 12 months — for organizations and individual entrepreneurs.
· Tax authorities may classify certain organizations as large taxpayers based on criteria established by the Cabinet of Ministers.
· Reporting deadlines: monthly, by the 20th of the month following the reporting month.
· Tax payment: similarly, by the 20th of the following month.
It is important to note that even if income changes throughout the year, the enterprise retains its category until the end of the calendar year.
It is necessary to remember that timely fulfillment of tax obligations helps avoid fines and other sanctions.
