Products sold in Bishkek tend to be marketed in Russian and Kyrgyz. There is a mandatory requirement for all advertisements to be in the Kyrgyz language. Due to the widespread use of the Russian language, however, companies usually advertise in both languages.
Trade Promotion & Advertising
A full range of advertising opportunities is available via print media, radio, television, billboards, promotional goods, and sponsorship of events. Several local agencies can handle advertising campaigns.
Taxation
The Kyrgyz Republic’s VAT is currently 12 percent. There is also a sales tax of 1 percent for trade activity and 2 percent for all other business. For companies that are not obligated to pay VAT, sales taxes are a bit higher – 2 percent for trade activity and 3 percent for all other business. Leasing companies are exempt from VAT and sales tax and receive a preferential income tax rate of 5 percent. Depending on economic conditions and increased demand, the government may temporarily cancel VAT for certain products. Since 2022, foreign companies providing digital services without using a domain name or IP address registered in the Kyrgyz Republic have been required to pay VAT on income from their services.
Sales Service/Customer Support
Consistent, friendly customer service is still a relatively rare phenomenon in the Kyrgyz Republic, but service in Bishkek is improving. Any firm offering reliable customer and after-sales service stands to benefit in the local marketplace.
Local Professional Services
Firms providing professional services include:
Grant Thornton
Avangard Business Center, 5th floor
125/1 Toktogul str.
Bishkek, 720001
Kyrgyz Republic
Phone: +996 312 97 94 90
Ernst & Young Audit LLC
Avangard Business Center, Offices 309-310
125/1 Toktogul str.
Bishkek, 720001
Kyrgyz Republic
Phone: +996 312 90 70 90 (Bishkek Office)
PricewaterhouseCoopers Bishkek LLP
Avangard Business Center, Tower B, Office 404
125/1 Toktogul str.
Bishkek, 720001
Kyrgyz Republic
Phone: +996 555 51 52 34
KPMG
2 Erkindik Blvd., Office 201
Bishkek, 720040
Kyrgyz Republic
Phone: +996 312 62 33 80
E-mail: kpmg@kpmg.kg
Baker Tilly
Victory Business Center, 7th Floor
103 Ibraimova str.
Bishkek, 720011
Kyrgyz Republic
Phone: +996 312 90 05 05
E-mail: contact@bakertilly.kg
For a list of legal services providers, please see the U.S. Embassy website:
https://kg.usembassy.gov/legal-assistance/
Principal Business Associations
AmCham, the International Business Council (IBC), and the JIA Business Association are leading organizations that represent hundreds of international and local companies from diverse industries. All associations are members of different platforms that assist with business and government dialogues, including the Business Development and Investment Council under the Cabinet of Ministers and the Business and Entrepreneurship Development Council under the Speaker of the Parliament. AmCham and IBC accept U.S. companies as members.
Limitations on Selling U.S. Products and Services
There are no restrictions on selling U.S. products, though all products must conform to Kyrgyz and EAEU standards and regulations.