On certain issues related to transactions with cash foreign currency
By Resolution of the Board of the National Bank of the Kyrgyz Republic, commercial banks of the Kyrgyz Republic are instructed to strengthen control over transactions with cash foreign currency (specifically transactions involving Russian rubles).
This measure is aimed at ensuring the security and stability of the banking system of the Kyrgyz Republic, as well as enhancing the monitoring of cash foreign currency transactions and ensuring compliance with legislation on countering the financing of criminal activities and the legalization (laundering) of criminal proceeds.
The Resolution shall enter into force on the date of its official publication and shall remain in effect until March 1, 2027.
On the establishment of the minimum authorized capital for a virtual asset trading operator (crypto exchange)
A Presidential Decree of the Kyrgyz Republic establishes the minimum authorized capital for virtual asset trading operators (crypto exchanges).
As of July 1, 2026, the minimum authorized capital for such operators is set at KGS 300,000,000 (three hundred million).
Existing virtual asset trading operators (crypto exchanges) are required to bring their authorized capital into compliance with the requirements of this Decree by July 1, 2026.
The Decree shall enter into force ten days after the date of its official publication.
On the introduction of a temporary ban (moratorium) on inspections of business entities
By Presidential Decree of the Kyrgyz Republic a temporary ban (moratorium) on inspections of business entities has been introduced.
The moratorium is effective until December 31, 2026 and applies to inspections conducted by law enforcement and other authorized state bodies empowered to carry out inspections, except for certain cases provided for by the Decree.
The introduction of the moratorium is aimed at stabilizing the activities of business entities, promoting the development of the business environment, improving the investment climate, and reducing unjustified and excessive interference by state authorities in business activities.
During the period of the moratorium, state supervisory authorities shall provide consultations to business entities on compliance with legislation, offer recommendations and clarifications, and assist in identifying and preventing potential violations. Such consultations shall be conducted without carrying out scheduled or unscheduled inspections.
The Decree shall enter into force ten days after the date of its official publication.
On approval of the regulation on the procedure for conducting tax audits
The Resolution approves the regulation on the procedure for conducting tax audits.
The approved regulation establishes a unified procedure and framework for conducting tax audits, including the rights, duties, and responsibilities of officials of the tax authorities carrying out tax audits.
Tax audits shall be conducted in respect of entities and within the timeframes determined by decisions of the Cabinet of Ministers of the Kyrgyz Republic.
During a tax audit, officials of the tax authorities use tax returns, reports on non-tax revenues and insurance contributions submitted by the taxpayer, as well as accounting records, registers, financial statements, information on the taxpayer’s activities contained in the information systems of the tax service, and other documents related to the calculation and payment of taxes, non-tax revenues, and insurance contributions.
The Resolution shall enter into force fifteen days after the date of its official publication.
On amendments to the Code on non-tax revenues
The Law of the Kyrgyz Republic “On Amendments to the Code of the Kyrgyz Republic on Non-Tax Revenues,” adopted by the Jogorku Kenesh of the Kyrgyz Republic on February 26, 2026, has been signed.
The Law is aimed at creating more convenient conditions for citizens when paying state duties.
It introduces the possibility of paying state duties through ATMs, payment terminals, internet banking, electronic wallets, mobile banking, mobile applications, as well as other remote service channels.
The implementation of these measures will enhance citizens’ access to courts, state bodies, and other authorities, while eliminating limitations associated with cash payments or bank transfers.