The Cabinet approved the protocol with the Russian Federation on exempting the RKFR from paying insurance contributions and other social deductions.
According to the terms of the protocol, the Russian-Kyrgyz Development Fund is exempt from paying mandatory insurance contributions and social deductions to any budget of the Kyrgyz Republic from the moment the temporary agreement comes into effect.
The Ministry of Foreign Affairs of the Kyrgyz Republic has been instructed to notify the Russian side about the completion of all necessary internal procedures for the implementation of the protocol.
In a separate clause of the resolution, it is stated that the insurance contributions paid by the fund as an employer during the period from 2014 to 2017 inclusive are considered voluntary and are not subject to refund.
The resolution comes into effect seven days after its official publication.
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