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LAW OF THE KYRGYZ REPUBLIC

of February 13, 2015 No. 32

About entering of amendments and changes into some legal acts of the Kyrgyz Republic

(as amended of the Law of the Kyrgyz Republic of 10.08.2018 No. 89)

Accepted by Jogorku Kenesh of the Kyrgyz Republic on December 31, 2014

Article 1.

Bring in the Law of the Kyrgyz Republic "About investments in the Kyrgyz Republic" (Sheets of Jogorku Kenesh of the Kyrgyz Republic, 2003, No. 7, the Art. 252) the following amendments and changes:

1. Add Article 1 with Items 8 and 9 of the following content:

"8. The invested company - the economic partnership or society created in the territory of the Kyrgyz Republic in which activities the investor performs investment of investments.

9. The stabilization mode - favorable legal regime for the investor and/or the invested company in case of modification and amendments of the regulatory legal acts of the Kyrgyz Republic regulating questions of tax and non-tax payments.".

2. State Article 2 in the following edition:

"Article 2. Legislation of the Kyrgyz Republic on investments and mode of stabilization

1. The legislation regulating investment regime consists of the Constitution of the Kyrgyz Republic, this Law and other regulatory legal acts of the Kyrgyz Republic.

2. In case of introduction of amendments or amendments to this Law, the tax legislation of the Kyrgyz Republic and the legislation on non-tax payments the investor, and also the invested company answering to the conditions established by this Article within ten years from the date of agreement signature about stabilization have option of conditions on tax payment, optimum for them, including the value added tax, but excepting other indirect taxes, and non-tax payments (except for payments for the services rendered by state bodies) according to the procedure, established by the legislation of the Kyrgyz Republic. The procedure and conditions of application of the mode of stabilization in tax and non-tax legal relationship are established by the legislation of the Kyrgyz Republic.

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