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Kyrgyzstan is a Central Asian country that has been steadily gaining the interest of foreign investors and entrepreneurs in recent years. This is due to a number of factors: a favorable tax environment, relatively low business costs, a strategic location between China and the Eurasian Economic Union (EAEU), and steady…

Registering an IT company abroad opens up new opportunities for businesses by allowing them to benefit from various tax incentives and government support measures. Let’s explore the key features of registering in foreign countries, especially in the post-Soviet region, as these have recently become hotspots for IT businesses relocating from…

To open a corporate bank account in Kyrgyzstan, simply contact us. We will promptly provide up-to-date information about banks currently offering account opening services for foreign and other types of companies. In some cases, we also offer alternatives: Can a Company Open a Bank Account in Kyrgyzstan Remotely? Yes, it…

When one close an Individual Entrepreneur (IE) in Kyrgyzstan, it involves several mandatory steps. As of today, the country does allow full remote liquidation of an IE, but the process can be quite lengthy — on average, it takes about 2-3 months. This article provides a detailed overview of the…

A detailed guide on how to rent housing in Kyrgyzstan. For those who have just arrived or are planning to move, it’s important to know that +996 is the international dialing code for Kyrgyzstan. Within the country, phone numbers are often written with an additional zero at the beginning. For…

Uzbekistan is one of the post-Soviet countries where many companies with international founders have been opening recently. Registering a company in Uzbekistan provides an opportunity to work with international suppliers and buyers amid increasing sanctions pressure. Why Register a Company in Uzbekistan? Uzbekistan is becoming an attractive destination for businesses…

A PIN (Personal Identification Number) is the equivalent of a Taxpayer Identification Number (TIN) in Kyrgyzstan. Below, we explain who needs to obtain it and why it is necessary. TIN for Legal Entities in Kyrgyzstan The Personal Identification Number (PIN) for legal entities in the Kyrgyz Republic is a unique…

Kyrgyzstan’s taxes is attracting more and more foreigners from neighboring countries due to its flexibility and low rates. Companies can choose between the general tax regime (10% corporate income tax) or a simplified system (2-6% of turnover) without income limits, which is a unique advantage compared to neighboring countries. Residents…

Value-Added Tax (VAT) is a key element of Kyrgyzstan’s tax system and plays a significant role in forming the state budget. It applies at all stages of production and sale of goods, services, and works, ensuring transparency in economic processes. Many entrepreneurs from neighboring countries establish LLC in Kyrgyzstan for…

Registering a Limited Liability Company (LLC or OsOO) in Kyrgyzstan offers entrepreneurs unique opportunities to expand their business into international markets. While the process has its specific requirements, it is manageable for foreign citizens who are ready to invest their efforts in establishing a successful enterprise in Kyrgyzstan. This article…