PRESIDENTIAL DECREE OF THE KYRGYZ REPUBLIC

of July 26, 2022 unitary enterprise No. 250

About support of subjects of small and medium business

For the purpose of support to subjects of entrepreneurship, creation of favorable tax climate for fair taxpayers, being guided by article 71 of the Constitution of the Kyrgyz Republic, I decide:

1. To the Cabinet of Ministers of the Kyrgyz Republic:

To submit 1) for consideration of Jogorku Kenesh of the Kyrgyz Republic the drafts of the laws of the Kyrgyz Republic providing:

- decrease in the size of penalty for the violation of requirements for application of cash registers regarding lack of distribution of cash register receipts assuming application of collection in the form of the prevention for the first offense and gradation of the sizes of penalties for subsequent offenses from 5 settlement indicators for physical persons and 50 settlement indicators for legal entities;

- establishment of the lowered flat tax rate for subjects of trading activity, except for the producers, importers, distributors and subjects realizing fuels and lubricants, medicines and medical products on condition of obligatory application of cash registers and/or electronic invoices in the amount of:

a) 0, percent - with annual turnover to 30, 0 million som;

b) 1 percent - with annual turnover from 30, 0 million som to 50, 0 million som;

- rate increase of the sales tax to:

a) 3 percent - in case of sales of goods, works and services to the subjects performing activities for the patent and the single tax with the lowered tax rate;

b) 4 percent - in case of sales of goods, works and services to the depersonalized subjects;

- optimization of the types of activity which are subject to patent system of the taxation;

- establishment for individual entrepreneurs irrespective of the chosen tax regime (except for occupied in the sewing and textile productions leasing personal and real estate) rates of rates of insurance premiums in the amount of 6% of the size of the average monthly salary by areas and the cities of the Kyrgyz Republic without data on the companies and the organizations which level of the average monthly salary more than for 50 percent exceeds the average level of the salary on the republic in general;

- introduction of special procedure for appointment and release from post of officials of bodies of Tax Service when making minor offense by the decision of the head of tax authority;

2) temporarily before legislative settlement of the sizes of penalties for violation of requirements for application of cash registers to suspend carrying out control purchase concerning issue of cash register receipts, except as specified control according to claims of citizens, the acquired information from other state bodies and on the facts of the revealed violations during the draw of the stimulating lottery upon the demand of cash register receipts, the held Tax Service;

3) to simplify requirements for licensing for retail sale of alcoholic products with obligatory application of cash registers, the electronic invoice and electronic commodity transport waybill;

4) to extend terms on introduction of application of cash registers in the markets and the mini-markets, except for in case of realization for their territories of excisable groups of goods, medicines and medical products;

To exempt 5) from application of cash registers:

- the physical persons performing street trade in floriculture produktion, agricultural products, bakery products, national and soft drinks with use of portable counters, booths and stalls;

- the subjects of public catering performing activities in the dining rooms and buffets located in educational institutions;

6) to enter state regulation of service prices of the centers of maintenance of cash registers, and also to oblige them to render non-paid services in training in application of cash registers.

2. Recommend to National Bank of the Kyrgyz Republic to take effective measures on transition of commercial banks of the Kyrgyz Republic to obligatory use of POS terminals with function of the cash registers providing data transmission in real time in the State Tax Administration under the Ministry of Finance of the Kyrgyz Republic.

3. This Decree becomes effective from the date of official publication.

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