These changes have been made to the Tax Code of the country 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," adopted on December 31, 2025.
It should be reminded that this tax was established by the Law of the Kyrgyz Republic dated July 31, 2025. It represents a special tax regime that pertains to operations for the transfer of funds received only from the account of a foreign bank through the taxpayer's account opened in a bank of the Kyrgyz Republic to an account in a foreign bank.
The bank where the account is opened acts as a tax agent and withholds the tax, which is then transferred to the budget when the taxpayer conducts the transactional operation.
Organizations and individuals engaged in such transactions must exclusively use the special tax regime "transaction tax." They need to submit an application for the application of this regime at their tax registration location by February 1, 2026.
It is important to note that taxpayers using this tax are not allowed to engage in other entrepreneurial activities on the territory of the Kyrgyz Republic.
If a taxpayer decides to combine transactional activities with others, they will need to register a separate limited liability company or individual entrepreneur to carry out such activities.
