In particular, the third part of Article 15 of the Administrative Procedural Code has been repealed. The Code on Non-Tax Revenues has undergone significant changes: the functions of tax authorities regarding the administration of various fees have been clarified, including fees for the use of subsoil resources, waste disposal (taking into account individuals who own residential properties and are not engaged in entrepreneurship), contributions for the development of local infrastructure, as well as payments related to the production and circulation of alcoholic products and sampling fees.
New deadlines have also been established for considering applications for the refund or offset of overpaid amounts, and the wording of interactions with authorized bodies has been clarified, replacing previous references to the treasury.
One of the innovations introduced in the Code on Offenses is a new article concerning liability for activities involving jewelry made from precious metals and stones without their special accounting, which implies fines for both individuals and legal entities.
Additionally, penalties for the movement of goods and vehicles across the border with EAEU member states without the appropriate documents are being tightened: fines are increasing, and in the case of repeated violations within a year, confiscation of goods and vehicles used for transportation may occur.
A new special taxation regime has been introduced into the Tax Code — a transaction tax, which will be set at 0.1 percent and applied to operations for crediting funds to accounts in banks of Kyrgyzstan related to transfers to/from accounts of foreign banks.
Banks act as tax agents, responsible for withholding and remitting the tax, and are also required to provide monthly reporting. The law includes restrictions, including a ban on trading goods and services within Kyrgyzstan under this regime and a requirement for foreign organizations to open accounts only in one bank in the country.
Furthermore, the changes affect property tax, increasing the role of tax authorities in calculating for individual properties, introducing new norms regarding informational calculations, and clarifying deadlines for the payment of tax on non-residential properties.
A personal income tax rate of 1 percent has also been established for hired workers in the garment and textile industries, which will be in effect until January 1, 2030.
The amendments also pertain to legislation on state social insurance, where the word "fivefold" in the second paragraph of part 2 of Article 26 has been replaced with "twice." The law on arbitration courts is also being amended to exclude tax disputes.
The law will be officially published and will come into effect in ten days. However, most of the new provisions will only take effect from January 1, 2026, while some provisions will come into force at other dates specified in the law itself.
