United States-Kyrgyzstan Tax Treaty
Kyrgyzstan International Tax Compliance Rules
Quick Summary. Located in Central Asia, Kyrgyzstan is a landlocked country bordering Kazakhstan, Uzbekistan, Tajikistan and China. Long at the crossroads of great civilizations as part of the Silk Road, Kyrgyzstan is a mountainous country with heavy agricultural production. Kyrgyzstan consists of seven provinces and a capital at Bishkek.
Kyrgyzstan is a unitary parliamentary republic. Kyrgyzstan obtained independence in 1991 following the fall of the Soviet Union. Its 1993 constitution provides for a unicameral republic with a legislative branch, president and prime minister, independent judicial branch headed by a Supreme Court. Following the 2005 so-called “Tulip Revolution” and subsequent political reforms, it became a parliamentary country.
The country’s tax laws are set out primarily in the Tax Code of the Kyrgyz Republic.
Kyrgyzstan is a member of the World Trade Organization (WTO), Eurasian Economic Union, the Shanghai Cooperation Organisation, the Organisation of Islamic Cooperation, and the United Nations.
U.S.-Kyrgyzstan Tax Treaty.
Currency. Kyrgyzstan Som (KGS)
Common Legal Entities. Limited liability company, open and closed joint stock companies, partnership, sole proprietorships, and branches.
Tax Authorities. State Tax Service
Tax Treaties. Kyrgyzstan is a signatory to more than 25 tax treaties.
Corporate Income Tax Rate. 10%
Individual Tax Rate. 10%
Corporate Capital Gains Tax Rate. Subject to ordinary income tax rates.
Individual Capital Gains Tax Rate. Subject to ordinary income tax rates.
Residence. Individuals are deemed a tax resident if physically present in Kyrgyzstan for 183 days or more during a 12-month period.
Transfer Pricing. Kyrgyzstan provides for an arm’s-length standard and generally follows OECD guidelines.
CFC Rules. No.
Hybrid Treatment. No.
Inheritance/estate tax. No.
Tax Treaty Network – International Tax Attorneys
Our international tax expertise allows us to guide clients through tax planning and compliance so that they can focus on what matters most. At Freeman Law, our clients are engaged in an interconnected business environment that spans across the globe. From supply chains to markets, cross-country taxation impacts every global business.
Do you have questions about Tax Treaties? Schedule a consultation with one of Freeman Laws International Tax Experts Today!