2 March 2022
Kyrgyzstan recently confirmed that from January 2022, VAT will be applied on the sale of e-services to local Kyrgyz consumers by non-resident businesses.
Before January, non-resident businesses providing digital services did not have to charge VAT on their sales in the country. However, to remove the unfair advantage this gave to non-resident companies over resident providers, the Kyrgyzstan tax authorities confirmed that VAT will be charged at 12% on these types of supplies.
The new tax will require foreign providers of electronic services to register through a new simplified registration process from the first sale they make and will apply to a range of electronic services including streaming games, music, apps, films, e-books, e-journals, software, and internet services.
Are you trading globally? Whether you require basic VAT advice or specific VAT compliance support, Fiscal Solutions can help. Our team of multi-lingual experts are knowledgeable in all the different VAT rules in Europe and around the world.
We help you simplify today’s complexities and address tomorrow’s challenges. The values we represent, and our consistent advice, mean you can trust Fiscal Solutions to do the right thing – for you and your organisation.
LATEST NEWS
UPDATE: France provides guidance relating to mandatory...
During November 2024 the French tax authorities updated its explanatory guidelines and PDP FAQ’s for the September 2026 B2B e-invoicing launch. The new...
SEE MORE
LATEST NEWS
EU Council agrees VAT in the digital age (ViDA) package
During November the EU Council reached an agreement on new measures that will bring the EU’s Value Added Tax (VAT) rules into the digital age (ViDA). These...
SEE MORE
LATEST NEWS
UPDATE: 2025 SME Special Scheme introduces pan-EU...
From 1 January 2025, significant changes to the EU’s SME scheme will extend VAT registration thresholds for EU companies trading in other EU member...
SEE MORE