Among the key changes is the repeal of part 3 of Article 15 in the Administrative Procedure Code. The Code on Non-Tax Revenues clarifies the functions of tax authorities, including fees for licenses to use subsoil resources, waste disposal (with an exception for individuals using residential buildings for personal needs), as well as payments related to the production of ethyl alcohol and alcoholic beverages.
Additionally, the draft law specifies new deadlines for considering applications for the refund of overpaid amounts and modifies the wording for interaction with authorized bodies, replacing previous references to the treasury.
A new article has also been added to the Code on Offenses, establishing liability for the sale of jewelry made from precious metals and stones without registration: fines are provided for both individuals and legal entities.
The tightening of penalties will also affect the movement of goods and vehicles across the state border from EAEU countries without the necessary documents: fines have been increased, and in cases of repeated violations within a year, confiscation of goods and vehicles may occur.
A special regime has been introduced into the Tax Code — a transaction tax set at a rate of 0.1 percent. This tax applies to operations involving the crediting of funds to the accounts of banks in the Kyrgyz Republic related to transfers between foreign banks.
The obligation to withhold and remit the tax is imposed on banks, which will also be required to submit reports. The law clarifies the restrictions of the new regime, including a ban on the sale of goods and services on the territory of Kyrgyzstan and a requirement that foreign organizations can open accounts only in one bank in the country.
Furthermore, the draft law provides for changes in property taxation, including the expansion of the powers of tax authorities in calculating taxes for specific objects, as well as clarifying the deadlines for the payment of tax on non-residential buildings.
For hired employees of organizations and individual entrepreneurs in the sewing and textile industries, an income tax rate of 1 percent is established, effective until January 1, 2030.
The amendments also affect state social insurance: in part 2 of Article 26, the word "fivefold" has been replaced with "twice." The law on arbitration courts has also been adjusted, excluding tax disputes from its jurisdiction.
The law will be officially published and come into force in ten days. Meanwhile, most provisions will take effect from January 1, 2026, while some provisions will come into effect on the dates specified in the document.
