AmCham News

The working meeting between AmCham member companies and the State Tax Service of the Kyrgyz Republic

On September 15, 2023, within the framework of the project “Business Development and Entrepreneurship Support through Dialogue,” supported by the U.S. Embassy in the Kyrgyz Republic, a working meeting took place between member companies of the American Chamber of Commerce and the State Tax Service of the Kyrgyz Republic.

Representatives from various sectors, including manufacturing, services, construction, banking, education, logistics, insurance, ICT, and others, gathered at this event, along with the leadership of the Kyrgyz Republic’s State Tax Service, to discuss and resolve important issues related to tax administration.

The meeting actively discussed topics related to electronic invoicing, electronic goods transport waybills, including potential standardization and upcoming legislative changes to simplify their administration. Participants also raised questions about excise stamps, product labeling, reporting on electronic invoicing and electronic goods transport waybills, VAT on digital services, and desk audits. Mr. Nurlan Jumalievich Umtulov, Deputy Chairman of the State Tax Service of the Kyrgyz Republic, provided detailed answers to all questions and informed attendees about ongoing efforts to improve administration, digital platforms, and data storage systems.

Furthermore, it was noted that with parliamentary approval and the president’s signature on a new bill, simplifications in the document processes replacing electronic invoicing can be expected.

At the conclusion of the meeting, both sides emphasized their readiness for further productive collaboration. Members of the American Chamber of Commerce expressed their gratitude for the event and expressed their desire to continue similar meetings in the future.

The project “Development of Business and Support of Entrepreneurship Through Dialogue”, funded by the US Embassy in Kyrgyzstan and implemented by the American Chamber of Commerce in the Kyrgyz Republic, is aimed at expanding the rights and opportunities of businesses and entrepreneurs by providing a platform for public-private dialogue.