This joint publication from HLB Taxence LLC and ARTE Law Firm provides a practical guide for foreign investors considering business opportunities in the Kyrgyz Republic. Key investment protections outlined include guarantees against unlawful expropriation, free capital repatriation, and the availability of stabilization agreements to lock in favorable tax conditions for up to 10 years. Notable regulatory updates feature the transition to a new electronic Unified Permit system for foreign employment and an overview of flexible business structuring options. The guide also covers significant tax frameworks, detailing standard rates alongside special incentives like the High Technology Park and the “Tamchy” Special Financial Investment Territory. These insights aim to provide a seamless, integrated resource for navigating legal and tax compliance while maximizing investment potential in the region.
Tax Alert, December 2025
This Tax Alert from HLB Taxence LLC summarizes major December 2025 amendments to the Kyrgyz Republic Tax Code. Key administrative updates include the introduction of a Unified Tax Account and digital som payments. Notable sector-specific changes feature full tax exemptions within the “Tamchy” investment territory, a 0.1% transaction tax for international fund redirections, and PIT exemptions for the football sector. The alert also covers significant indirect tax adjustments, including revised VAT import rules for EAEU goods and extended profit tax holidays for renewable energy. These updates aim to streamline tax administration while providing strategic incentives for investment and local industry growth.
Inflow of direct foreign investments in Kyrgyzstan decreased by 16% in Q1 of 2020
In January-March 2020, inflow of foreign direct investment in Kyrgyzstan decreased by 16.1% compared to the same period in 2019 and amounted to $148.3 million, the press service of the National Statistics Committee reported Monday.







