Kyrgyzstan Explains Preferential Tax Treatment for Industrial Enterprises in Designated Areas

The Kyrgyzstan State Tax Service issued a release in July 2019 concerning the preferential tax treatment available for qualified industrial enterprises. The release includes that new industrial enterprises established from 1 January 2019 in specified areas may be eligible for preferential tax treatment. This includes an exemption from sales tax, income tax, land tax, and property tax for a period of five years, which may be subsequently extended for an additional period of up to 10 years. Th…