author_orbitax
Orbitax

Share This Article

Kyrgyzstan Explains Preferential Tax Treatment for Industrial Enterprises in Designated Areas

13 August 2019

|

Approved Changes

|

Kyrgyzstan

The Kyrgyzstan State Tax Service issued a release in July 2019 concerning the preferential tax treatment available for qualified industrial enterprises. The release includes that new industrial enterprises established from 1 January 2019 in specified areas may be eligible for preferential tax treatment. This includes an exemption from sales tax, income tax, land tax, and property tax for a period of five years, which may be subsequently extended for an additional period of up to 10 years. The release also clarifies that the preferential tax treatment does not extend to any branches or representative offices of an enterprise outside of...