The law on amendments to taxes, social insurance, and non-tax revenues has been adopted. What will change?

The President of the Kyrgyz Republic, Sadyr Japarov, has signed a new law concerning amendments to a number of legislative acts related to taxation, social insurance, and non-tax revenues. This document contains amendments to several codes and laws, as well as new mechanisms for administering various payments and responsibilities for certain offenses.

In particular, amendments have been made to the Administrative Procedure Code, resulting in the repeal of part 3 of article 15. Significant changes have affected the Code on Non-Tax Revenues: the responsibilities of tax authorities regarding the administration of various fees have been clarified, including fees for licenses to use subsoil resources, waste disposal fees (excluding individuals not engaged in entrepreneurship), contributions for local infrastructure development, as well as payments related to the production and circulation of alcoholic products and assay fees.

Additionally, deadlines have been established for considering applications for refunds or offsets of overpaid taxes, and the wording regarding interaction with authorized bodies has been updated, replacing previous references to the treasury.
According to the new amendments to the Code on Offenses, a new article has been introduced concerning liability for commercial activities involving jewelry made from precious metals and stones without their registration: fines are provided for both individuals and legal entities.
At the same time, liability for the movement of goods and vehicles across the border with EAEU member states in the absence of necessary documents has been tightened: fines have increased, and in cases of repeated violations within a year, confiscation of goods and vehicles used in such transport may occur.
In the Tax Code, a new special regime has now been established—a transaction tax, set at 0.1 percent, which applies to operations for crediting funds to accounts in banks in Kyrgyzstan related to transfers of money to/from accounts of foreign banks.
The obligation to withhold and remit this tax has been assigned to banks as tax agents, which are also required to submit reports monthly. The law contains restrictions for this regime, including a ban on the sale of goods and services on the territory of Kyrgyzstan under this regime and a requirement for foreign organizations to open accounts only in one bank in the country.

The document also describes changes in property taxation, including an expansion of the powers of tax authorities to calculate tax on specific objects, the establishment of norms for informational calculations, and clarification of deadlines for the payment of tax on non-residential buildings.
A personal income tax rate of 1 percent has been established for employees of organizations and individual entrepreneurs working in the sewing and textile sectors, effective until January 1, 2030.
The amendments also affect the law on state social insurance: in part 2 of article 26, the word "fivefold" has been replaced with "double." Additionally, the law on arbitration courts is being amended to exclude tax disputes from its scope.

The law will come into force ten days after its official publication. At the same time, most provisions will take effect from January 1, 2026, while some provisions will take effect at other dates specified in the document.