This law was adopted by the Jogorku Kenesh on September 18, 2025.
The main objective of the new document is to improve tax legislation, simplify tax administration, create conditions for fair competition, and combat the shadow economy.
The law introduces amendments to several regulatory acts, including:
1. Tax Code of the Kyrgyz Republic:
- Abolishment of part 3 of article 3, concerning the priority of the norms of investment agreements over tax norms (except for new taxes).
- The obligation for market and mini-market administrations to monitor compliance with tax legislation in the manner established by the Cabinet of Ministers.
- Exemption from income tax for individuals' income from the sale of wool, hides, and used batteries.
- Exemption from income tax for the income of contract workers of football clubs (including salaries, bonuses, allowances, rewards, and other payments).
- Introduction of investment deductions for individual investment accounts according to article 196¹ of the Tax Code.
- Application of a zero tax rate when transferring or exchanging real estate for state needs by decision of the Cabinet of Ministers.
- Adaptation of norms to digital realities, simplification of administrative procedures, and repeal of outdated provisions.
2. Labor Code of the Kyrgyz Republic (article 91): cashless payment for labor becomes mandatory not only for legal entities but also for individual entrepreneurs.
3. Law "On Consumer Rights Protection": a direct prohibition on the use of equipment for cashless payments (bank cards, electronic money, QR codes, etc.) registered to individuals in entrepreneurial activities has been introduced.
4. Law "On Notaries": the absence of tax and insurance contributions when performing notarial actions, as well as the non-use of a cash register, may become grounds for license revocation.
5. Law "On the Implementation of the Tax Code of the Kyrgyz Republic" (article 4): tax benefits under investment agreements concluded by the Cabinet of Ministers before December 31, 2025, will remain in effect until the expiration of their term, even after the repeal of part 3 of article 3 of the Tax Code.
