According to the provided data, the new provisions of the law introduce various benefits for individuals and legal entities, as well as for entrepreneurs.
The key changes made to the law include:
- the abolition of VAT on equipment, technologies, reagents, and semi-finished products used in jewelry production;
- exemption of legal and physical entities from paying sales tax on vehicles until January 1, 2029;
- wiping out the tax debts of individuals arising from re-export operations of vehicles until January 1, 2026;
- exemption from taxation on the sale of vehicles manufactured or assembled in the territory of Kyrgyzstan, as well as their components;
- establishment of a minimum income tax rate of 1% of the average salary for workers in the garment and textile industry until January 1, 2030, as well as unified rates for insurance contributions;
- aligning the insurance contribution rate for property tenants with the rate for individual entrepreneurs, set at 6% of the reduced average salary;
- reducing the single tax rate for activities outside Kyrgyzstan to 0.1% (from 1%);
- lowering the tax rate on transactions through foreign banks to 0.1% (from 0.2%);
- legalizing previously imported or produced stocks of jewelry made from precious metals within two months, as well as introducing a moratorium on inspections by tax authorities during this period;
- abolishing licensing for the retail sale of alcoholic beverages;
- excluding tax disputes from the jurisdiction of arbitration courts.
The law also makes changes to the Code of Offenses:
- introduction of a new article 295¹, which establishes liability for working with jewelry without proper accounting (fine for individuals — 5,000 soms, for legal entities — 13,000 soms);
- increasing liability under article 311 for the illegal movement of goods and vehicles across the borders of EAEU countries (fine for individuals increased from 10,000 to 20,000 soms, for legal entities — from 28,000 to 65,000 soms);
- increasing fines for repeated violations within a year: for individuals — from 20,000 to 40,000 soms, for legal entities — from 65,000 to 100,000 soms;
- introduction of confiscation of goods and vehicles in case of repeated violations.
The law was adopted by the Jogorku Kenesh on December 24, 2025.
