On the regulatory guillotine in the field of permitting documents
A Presidential Decree of the Kyrgyz Republic introduces temporary legal regulation in the field of issuance of permitting documents and approves an exhaustive list of such documents.
The Decree provides that:
- permitting documents include licenses, permits, certificates, patents, statements, certifications, accreditations, registrations, expert opinions, and other documents required for carrying out certain types of activities or performing specific actions, except for permitting documents issued by the National Bank of the Kyrgyz Republic;
- from the date the Decree enters into force until March 31, 2027, citizens and business entities of the Kyrgyz Republic are entitled to carry out activities without obtaining permitting documents, except for those included in the approved list, as well as documents issued by the National Bank of the Kyrgyz Republic.
The Decree shall enter into force on the date of its official publication.
On the ratification of the Protocol on amendments to the Treaty on the EAEU
The Law of the Kyrgyz Republic «On the ratification of the Protocol on amendments to the Treaty on the Eurasian Economic Union dated May 29, 2014, signed on July 28, 2025, in Moscow (hereinafter – the Law) has been signed.
The Law is adopted for the purpose of completing the domestic procedures required for the entry into force of the Protocol.
The Protocol is aimed at eliminating identified gaps in legal regulation, clarifying the terminology used, and expanding and specifying the powers of the Eurasian Economic Commission, including in relation to the identification and removal of barriers in the internal market of the EAEU.
The key amendments introduced by the Protocol include:
- in the field of customs regulation – clarification of the purposes for the use of information by the Eurasian Economic Commission and elimination of duplicative data exchange provisions;
- in the field of technical regulation – granting the Council of the Eurasian Economic Commission the authority to ensure uniform application of technical regulations;
- in the field of standardization – clarification of the definition of “reference material”;
- in the investment sphere – improvement of the compensation calculation mechanism, including a transition to market-based rates and replacement of the LIBOR benchmark with SOFR;
- in the field of competition and enforcement – clarification of the procedures for execution of decisions of the Eurasian Economic Commission, allocation of fines, and establishment of certain exceptions;
- in the energy sector – further development of legal regulation of the common electricity market, including defining the status and functions of new participants (registrars);
- in the transport sector – introduction of electronic permits for international road transport;
- in public procurement – transition to electronic interaction formats, clarification of terminology, expansion of cases for single-supplier procurement, and increased transparency of procedures;
- regarding the powers of the Eurasian Economic Commission – formalization of authority to approve methodologies for identifying and eliminating barriers in the internal market of the EAEU;
- technical amendments – removal of outdated provisions and updating of certain clauses, including the change of the capital of the Republic of Kazakhstan from «Nur-Sultan» to «Astana».
The Law shall enter into force ten days after the date of its official publication.
On amendments to the Laws «On Investments in the Kyrgyz Republic» and «On Arbitration Courts in the Kyrgyz Republic»
The Law of the Kyrgyz Republic «On Amendments to Certain Legislative Acts of the Kyrgyz Republic (the Laws of the Kyrgyz Republic «On Investments in the Kyrgyz Republic» and «On Arbitration Courts in the Kyrgyz Republic»)» has been signed.
The Law is aimed at improving the effectiveness of state policy in the field of investment activity and eliminating existing legal inconsistencies.
Amendments have been introduced to the Law of the Kyrgyz Republic «On Investments in the Kyrgyz Republic», providing that investment disputes arising in connection with investment activities within the territory of the Kyrgyz Republic shall be resolved through negotiations.
By agreement of the parties, such disputes may also be settled through mediation or other agreed pre-trial dispute resolution methods.
If an investment dispute is not resolved by the above means, it shall be considered by the courts of the Kyrgyz Republic or may be referred to arbitration, provided there is a relevant written agreement containing a valid arbitration clause, or in cases provided by international treaties of the Kyrgyz Republic.
The Law also establishes that confiscation of an investor’s property as a criminal measure may be carried out exclusively based on a court decision and in cases provided by the criminal legislation of the Kyrgyz Republic.
In addition, the Law grants foreign investors intending to carry out investment activities in the Kyrgyz Republic the right to undergo voluntary accreditation.
At the same time, Article 46 of the Law of the Kyrgyz Republic «On Arbitration Courts in the Kyrgyz Republic», which regulated the consideration of investment disputes by arbitration courts, has been repealed.
On approval of the regulation on the procedure for state registration of legal entities, branches, and representative offices
The Resolution approves the regulation on the procedure for state registration of legal entities, branches, and representative offices.
It is established that legal entities, branches, and representative offices registered (re-registered) before January 1, 1997, and not included in the unified state register are required, by January 1, 2027, to undergo state re-registration or to register the termination of their activities in accordance with the established procedure.
In addition, legal entities, branches, and representative offices that completed state registration before March 1, 2026, are required, by August 1, 2026, to submit to the registering authority the information necessary for identifying and registering beneficial owners.
The National Statistical Committee of the Kyrgyz
Republic is instructed to initiate the procedure for compulsory liquidation of legal entities, branches, and representative offices registered before January 1, 1997, and not included in the state register.
The Ministry of Justice of the Kyrgyz Republic is instructed to take the necessary measures arising from this Resolution in accordance with the established procedure.
The Resolution shall enter into force seven days after the date of its official publication.
