The State Tax Service of Kyrgyzstan reminds taxpayers of important deadlines related to the submission of reports and payment of taxes for those using the simplified taxation system based on the unified tax.
According to the current tax legislation, business entities are classified by their total income over the past year into three categories: small, medium, and large businesses.
Small Business
- The total income for the last 12 months does not exceed 8 million soms for organizations and individual entrepreneurs.
- Reporting deadline: no later than the 20th of the month following each quarter.
- Tax payment deadline: similarly, no later than the 20th of the month following the quarter.
Medium Business
- The total income for the last 12 months is more than 8 million but does not exceed 50 million soms.
- Reports are submitted monthly by the 20th of the month following the reporting month.
- Tax payments are also made monthly by the same deadline.
Large Business
- The total income exceeds 50 million soms.
- Some entities may be classified as large taxpayers according to the criteria established by the Cabinet of Ministers.
- Reporting and tax payment occur monthly by the 20th of the following month.
It is important to note that even with changes in income during the year, entities retain their category until the end of the calendar year.
Adhering to tax obligation deadlines helps avoid fines and other sanctions.
