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BISHKEK (TCA) — On June 13, the first Double Taxation Agreement was signed between the Kyrgyz Republic and the United Kingdom of Great Britain and Northern Ireland by British Ambassador Robin Ord-Smith and Kyrgyz Minister of Economy Arzybek Kojoshev, the British Embassy in Bishkek said. Continue reading
BISHKEK (TCA) — The capital of Kyrgyzstan, Bishkek, is playing an important role in the country's economy, accounting for 38.6% of the national GDP and 15.5% of industrial production. Foreign direct investment in Bishkek was 58.7% of the country’s total FDI in 2016, Vice Prime Minister of Kyrgyzstan Oleg Pankratov said on January 25 at the Bishkek municipality’s meeting to review the city’s socio-economic results for 2016. Continue reading
TASHKENT (TCA) — Starting from 1 January 2017, the government of Uzbekistan has raised excise duties for alcoholic products, beer, and cigarettes produced in the country by an average of 23 percent, Novosti Uzbekistana news agency reports. Continue reading
BISHKEK (TCA) — There is only one social-tax payer per every two pensioners in Kyrgyzstan, whereas according to the International Labor Organization standards one pensioner shall have at least three working-age social-tax payers. Continue reading
ALMATY (TCA) — Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan implemented a total of 12 reforms across nine business regulatory areas during the past year. Kazakhstan carried out seven regulatory reforms – the most among the Central Asian countries – thereby creating a better environment for entrepreneurs. Uzbekistan undertook three such reforms, while Kyrgyzstan and Tajikistan implemented one each, the World Bank Group’s annual ease of doing business assessment says. Continue reading
BISHKEK (TCA) — The Respublika – Ata-Jurt faction in the Kyrgyz parliament has proposed introducing tax benefits for investors developing Kyrgyzstan’s regions, KyrTAG news agency reports. Continue reading
