Opening a company in Kyrgyzstan
Kyrgyzstan is a unique economic zone with extensive opportunities for investors. The country actively attracts foreign investment and is constantly improving its economy.
Openness to foreign investment, a stable macroeconomic situation and favorable tax policy make Kyrgyzstan attractive for international business projects.
Benefits of registering a company in Kyrgyzstan
The decision to buy a business in Kyrgyzstan or create a new one is associated with a number of attractive factors:
Low corporate tax rate — 10%
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Membership in the Eurasian Economic Union (EAEU)
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A dynamically developing economy with an annual average GDP growth of about 4.5%
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Favorable regime for foreign investment, including the possibility of repatriation of profits and dividends.
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Extensive mineral deposits and significant gold reserves.
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The main organizational and legal forms of doing business in Kyrgyzstan
In Kyrgyzstan, there are several main forms of legal entities that can carry out commercial activities:
This is a form of organization in which participants are liable for the company's obligations only within the limits of their contributions to the authorized capital. LLC is one of the most common forms of enterprises in Kyrgyzstan.
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Limited Liability Company (LLC)
Joint-Stock Company (JSC):
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is an organization in which capital is divided into shares. Depending on the availability of shares to the public, a JSC can be open (public) or closed (private).
Branch and representative office:
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These are structural divisions of foreign companies that can carry out commercial activities in Kyrgyzstan. A branch has the right to carry out commercial activities, while a representative office is limited to non-commercial functions only.
List of documents for company registration in Kyrgyzstan
Limited Liability Company (LLC):
- Preparation of constituent documents, such as the charter and minutes of the constituent meeting.
- Registration with the tax office and obtaining a tax identification number (TIN).
- Payment of state duty and registration in the trade register.
- Opening a bank account in the name of the LLC.
- Registration with the pension fund and social security fund.
Joint-Stock Company (JSC):
- Preparation of constituent documents, including the charter and minutes of the constituent meeting.
- Registration with the tax office and obtaining a TIN.
- Payment of state duty and registration in the trade register.
- Opening a bank account in the name of the company.
- Registration with the pension fund and social security fund.
Representative Office / Branch:
- Preparation of documents confirming the right to represent the company or create a branch.
- Registration with the tax office and obtaining a TIN.
- Payment of state duty and registration in the trade register (for a branch).
- Opening a bank account in the name of the representative office or branch.
- Registration with the pension fund and social insurance fund.
Business registration deadlines
It usually takes about 10 working days to register a company in Kyrgyzstan for Russian citizens. The same period is true for opening a branch or representative office of a foreign company. It is important to take into account that the time may increase due to the need to translate documents into Kyrgyz.
Each of these organizational and legal forms has its own characteristics and requires the implementation of certain procedures in accordance with the legislation of Kyrgyzstan.
For more detailed information and preparation of all necessary documents, we recommend that you contact us.
For more detailed information and preparation of all necessary documents, we recommend that you contact us.
Our experienced lawyers are ready to provide you with professional advice and full support in the process of registering your business in Kyrgyzstan.
If you have any questions about obtaining citizenship, our immigration specialist will answer them.
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