New Benefits for the Sewing and Textile Industry Have Emerged

The State Tax Service of the Kyrgyz Republic announces the adoption of the Law "On Amendments to Certain Legislative Acts of the Kyrgyz Republic in the Field of Taxation, Social Insurance, and Non-Tax Revenues." This law allows for a reduction in income tax rates and insurance contribution rates for enterprises engaged in sewing and textile production.

According to the new regulations, until January 1, 2030, a unified insurance contribution rate of 12% is established for all enterprises in the sewing and textile industry, calculated from 40% of the average monthly wage. The minimum income tax rate for employees in these sectors is set at 1% of the average monthly salary.

For example, starting from January 1, 2026, entrepreneurs will pay an insurance contribution of 12% of 40% of the average monthly wage for one worker, which amounts to 2,115.5 soms. The income tax will be 1% of the average monthly income, which is 440.7 soms. In total, the overall amount of mandatory payments for one employee will be 2,556.2 soms.