In brief
It is expected that from 1 January 2022, entities involved in electronic trade of goods and services to Kyrgyzstan entities and individuals will have obligation to pay e-commerce tax in Kyrgyzstan.
Details
Entities (foreign and local) involved in e-commerce activities are subject to e-commerce tax at the rate of 2% on revenues from:
- provision of electronic services;
- electronic trade of goods.
Such entities are expected to:
(i) assess e-commerce tax independently;
(ii) submit quarterly and annual tax returns;
(iii) pay tax at the rate of 2%;
The e-commerce tax should be settled through specific bank accounts, including e-wallet and other payment instruments, tied to such account.
How can we help you?
We recommend considering applicability of these amendments to your activities to ensure compliance with the Kyrgyzstan tax legislation.
We can:
- review your operations for applicability of Kyrgyzstan e-commerce tax;
- assist with tax registration;
- assist with tax compliance, including preparation and submission of annual tax return.
For more details, please contact us.
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If you are interested in additional information, please contact us.
