New Benefits for the Sewing and Textile Industry Have Emerged

Анна Федорова Economy
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The State Tax Service of the Kyrgyz Republic informs that in accordance with the Law of the Kyrgyz Republic "On Amendments to Certain Legislative Acts of the Kyrgyz Republic in the Field of Taxation, Social Insurance, and Non-Tax Revenues," a reduction in tax rates for the sewing and textile industry is provided.

According to the innovations, until January 1, 2030, a unified insurance contribution rate of 12% has been introduced for all participants in the sewing and textile industry, calculated from 40% of the average monthly wage. The minimum income tax rate for employees in this sector will be 1% of their average monthly salary.

Starting from January 1, 2026, enterprises will pay 12% of the insurance contribution for each employee based on 40% of the average monthly salary, which will amount to 2,115.5 soms, as well as 1% of the income tax from this salary — 440.7 soms. Thus, the total amount of mandatory payments for one employee will be 2,556.2 soms.
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