Special zones: export is allowed, import is prohibited:
The same import restrictions apply to the Dordoi and Kara-Suu markets. However, given the export orientation of these zones, export operations remain allowed. Entrepreneurs in these zones are exempt from electronic invoices and cash registers, but their counterparties will not be able to recognize tax deductions when purchasing goods from them.
Exclusion from deductions
The law prohibits taking into account purchases from patent holders, participants in a special zone or single tax payers with a rate of 0.5% for tax deductions under the general regime. This is done to prevent tax evasion schemes.
Reducing the tax burden:
• Sales tax for anonymous buyers reduced from 4% to 2%
• When selling goods to entities with reduced rates and cash payment – from 3% to 2%, non-cash – from 2% to 1%;
• Single tax:
o The rate of 6% has been reduced to 4%;
o The rates of 0.1% and 1% were canceled;
o The 0.5% limit has been increased from 30 to 50 million soms.
Sanctions for lack of documents: a new procedure
If the goods arrived without documents, but are registered in the electronic invoice system, sanctions do not apply. The exception is only for general regime entities and 4-2% taxpayers.
Market Price Control
In order to prevent the underestimation of the tax base, now, when selling goods at reduced prices to patent holders or to special zones, taxation will be carried out at a higher (market) price.
What will happen to markets and street trade
Taking into account the abolition of the 0.1% rate on the single tax in six markets, entrepreneurs are offered a choice of:
• Go to patent,
• Remain on a single tax (rates of 0%, 0.5% or 4-2%),
• Or select the general mode.
Most markets have expressed their willingness to move to the patent system.
Kiosks, pavilions and containers up to 20 sq.m outside the territory of markets will also be able to apply the patent.
