As previously mentioned, the tax rate on transactions through foreign banks has been reduced to 0.1%. These changes to the Tax Code were made in accordance with the aforementioned Law dated December 31, 2025.
Banks where accounts are opened act as tax agents, withholding and transferring this tax to the budget when taxpayers carry out transactional operations.
Entities conducting such transactions are required to use only the special tax regime "transaction tax." They must submit an application for the application of this regime at their place of tax registration by February 1, 2026.
It is important to note that taxpayers using this tax cannot engage in other activities on the territory of Kyrgyzstan. If they decide to combine transactional activities with another type of business, they will need to register a separate limited liability company or individual entrepreneur to conduct such activities.
