The Kyrgyzstan State Tax Service (STS) recently issued a release announcing that the patent taxation regime will be abolished from 1 July 2024. Earlier, the regime was to be abolished from 1 January 2024. The patent taxation regime is a simplified regime primarily used by micro-businesses and entrepreneurs involved in certain trade activities. With the end of the patent taxation regime, taxpayers carrying out trade activity under the regime must switch to either the general tax regime or the simplified single tax regime.