In the jewelry sector, numerous problems have accumulated, including a high share of shadow turnover, - GNS

Владислав Вислоцкий Legislation
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- Recently, President Sadyr Japarov approved the Decree "On Measures to Support Certain Sectors of the Economy," as well as a law concerning changes in tax legislation aimed at assisting businesses. This was reported on December 15, 2025, by the Deputy Chairman of the State Tax Service, Kubanychbek Isabekov, on the radio.

According to him, the document outlines several priority areas and sets the task of supporting the economy and creating more favorable conditions for entrepreneurs.

“A separate section addresses issues in the jewelry industry. This year, functions related to this sector were transferred to the Tax Service, making it one of the main executors of the decree. The jewelry sector has accumulated many problems, among which is a significant share of shadow turnover. Representatives of the sector also acknowledge the existence of a shadow economy and point to the duration of this problem,” he added.

Furthermore, according to Isabekov, producers emphasize that it is difficult for them to compete with imported products if they operate "legally" and fully pay taxes, which, in their opinion, creates unequal conditions in the market.

The State Tax Service has begun active measures to interact with industry participants—producers, importers, and traders—to identify and analyze existing problems. Support measures and benefits are planned, but they will be temporary. After stabilizing the situation in the market, the agency intends to strengthen control over compliance with established requirements, concluded Isabekov.
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