National taxes and fees shall include:
1) Personal Income Tax;
Income tax (paid by natural persons in percentage terms according to
sum of annual taxable income). At annual taxable income up to 50 minimal
salaries rate of tax is 10 % from sum of income, at income over 50 minimal
salaries rate of tax is rate from 50 minimal salaries plus 20 % of sum
exceeding it. If your activity is production or retail trade of consumer
goods, or it is related to consumer services or agriculture, you could
choose fixed form of income tax payment, that is you could buy patent. Cost
of patent depends on kind of activity and it granted for a fixed period from
15 days to 1 tax year.
Profit Tax -tax on profit and revenue of enterprises ;
(paid by juridical persons). Profit tax is calculated by rate of 10 % from
income, which is estimated as difference between total return and payments
set by Tax Code.
3) Value Added Tax;-(20
percent of the value of taxable goods);
VAT is applied to imports entering from non-CIS countries when the goods
entering the country were not processed by customs of another CIS country
before reaching Kyrgyzstan. This tax is collected from any legal entity and
physical person. Imports from CIS countries are not subject to VAT. Various
goods are exempt from VAT, including disaster relief, goods entering
Kyrgyzstan erroneously, goods for official (diplomatic, consular,
representative) and personal purposes, goods imported as basic means of
production or purchased on credit, humanitarian aid, and transit goods.
Maximum fees, based on the declared value may include:
--VAT: 20 percent;
--processing documents: 0.15 percent;
--customs duties: 10 percent.