The Kyrgyzstan State Tax Service has issued a release announcing that with effect from December 2022, the social security (insurance) contribution rates are reduced for small and medium-sized enterprises (SMEs) with annual revenue not exceeding KGS 30 million, excluding state-owned enterprises. The reduction applies until 1 January 2027 and depends on the number of employees as follows: 5 or more employees - reduced from 27.25% to 22% (12% from the employer and 10% from the employee); 15 or more employees - reduced from 27.25% to 14% (4% from the employer and 10% from the employee) on all types of payments...