Published
03/13/2026, 12:48The Cabinet of Ministers of the Kyrgyz Republic has amended the procedure for including goods in the list of products exempt from value-added tax when exported from free economic zones to the rest of Kyrgyzstan.
The relevant amendments were adopted as part of the implementation of Article 430 of the Tax Code of the Kyrgyz Republic and included in the Cabinet of Ministers' Resolution No. 23 of January 17, 2025.
According to the changes, goods included in the list are exempt from VAT for a period of one year from the date of the Cabinet's decision to include the products in this list.
The criteria for selecting goods have also been revised. In particular, the import share threshold for recognizing products as import-substituting has been reduced from 80% to 50%.
The provision establishing an annual application period from June 1 to July 1 has been removed from the document. Now, applications and documents can be accepted as they are received.
In addition, the list of documents that can confirm the fact of production of goods in the territory of a free economic zone has been expanded.
The new rules also clarify the application review procedure. The FEZ Directorate conducts economic calculations and sends proposals for the inclusion of goods in the list to the National Investment Agency under the President of the Kyrgyz Republic.
An interdepartmental working group is formed to evaluate applications, with the participation of representatives of state bodies, including the State Tax Service under the Cabinet of Ministers of the Kyrgyz Republic, the State Customs Service under the Cabinet of Ministers of the Kyrgyz Republic, and the National Statistical Committee of the Kyrgyz Republic.
Based on the results of the review, the working group issues a conclusion. If the criteria are met, the National Investment Agency prepares a draft decision of the Cabinet of Ministers on amendments to the list of goods.
