The Free Economic Zone "Bishkek" has been a territory for successful business in the Kyrgyz Republic since 1995. The land of the free economic zone “Bishkek " is the exclusive property of the Kyrgyz Republic. The rent for the land depends on the occupied area, the purpose of using the land, the location of the plot and the amount of investment in the project. Land plots are allocated to subjects on the terms of a long-term lease with a term of up to 49 years, with the right of further prolongation. Land plots on the territory of the FEZ "Bishkek" are not sold to private ownership. All communication facilities (electricity, water, sewerage, roads) are carried out by the General Directorate of the FEZ "Bishkek" to the land plot leased by the subject. In addition, the General Directorate leases production facilities, warehouses and office premises on the territory of the Bishkek FEZ.
Payment for the rental of real estate
Rent for the provision of real estate for temporary use is charged: For land plots: - on the territory of the NVC-at a price of US $ 1.4 per 1 sq. m. per year; - on the territory of Ak-Chiy – at a price of US $ 0.7 per 1 sq. m.per year; - on the territory of Kara-Balta – at a price of US $ 0.3 per 1 sq. m. per year.
The cost of utilities
On the territory of the FEZ "Bishkek" there are some of the cheapest water and energy resources in the world: - electricity 2.24 som per 1 kW ($0.03 USD per 1 kW); - water 13 som per 1 cubic meter ($0.15 USD per 1 cubic meter); - sewerage of 6 som per 1 cubic meter ($0.07 USD per 1 cubic meter).
Tax regime
On the territory of the FEZ "Bishkek" there is a preferential tax regime for the activities of the subjects of the FEZ "Bishkek" according to Chapter 57 of the Tax Code of the Kyrgyz Republic. The preferential tax regime of the FEZ "Bishkek" includes: - zero rate of income tax in the FEZ "Bishkek"; - zero rate on property; - zero rate on land tax. The subjects of the FEZ "Bishkek" can conduct economic activities both on the territory of the FEZ "Bishkek" and on the entire territory of the Kyrgyz Republic outside the territory of the FEZ. The preferential tax regime does not apply to the activities of the entity that will be introduced outside the territory of the Bishkek FEZ and is subject to general taxation.
Customs regime
The Bishkek FEZ was created on a specially designated territory, which is provided by customs control and customs regulation of the activities of the subjects of the Bishkek FEZ in accordance with the requirements of the legislation of the Kyrgyz Republic in the field of customs affairs. In accordance with the Law of the Kyrgyz Republic "On Free Economic Zones in the Kyrgyz Republic", a special customs regime is established on the territory of the Bishkek FEZ - all goods, raw materials, equipment that are imported into the territory of the Bishkek FEZ become goods of the free customs zone and are not subject to duties. Cargo going to the Bishkek FEZ on the territory of Kyrgyzstan moves in transit mode.
Export to the Kyrgyz market
When exporting products produced in the Bishkek FEZ to the Kyrgyz market, the following are charged: - a customs fee of 0.25% of the customs value of the products. - VAT 12% - the rate of customs duty under the EAEU ETT on a part of foreign raw materials brought from countries outside the EAEU and used for the production of goods recognized as domestic goods according to the Agreements of the EAEU Member states. - payment for the right to carry out activities and provide benefits on the territory of the FEZ "Bishkek" as a subject of the FEZ "Bishkek" in the amount of 2% of the proceeds from the sale of goods, works and services, upon completion of the processing of invoices and cargo customs declarations.
Export to the EAEU market
When exporting products produced in the Bishkek FEZ to the EAEU market (Russia, Kazakhstan, Belarus, Armenia), the following are charged: - a customs fee of 0.25% of the customs value of the products. - the rate of customs duty under the EAEU ETT on a part of foreign raw materials brought from countries outside the EAEU and used for the production of goods recognized as domestic goods according to the Agreements of the EAEU Member states. - payment for the right to carry out activities and provide benefits on the territory of the FEZ "Bishkek" as a subject of the FEZ "Bishkek" in the amount of 1% of the proceeds from the sale of goods, works and services, upon completion of processing invoices and cargo customs declarations.
Export to the market outside the EAEU
When exporting products produced in the Bishkek FEZ to the market outside the EAEU (Uzbekistan, Tajikistan, Turkey, etc.), the following are charged: - a customs fee of 0.25% of the customs value of the products. - payment for the right to carry out activities and provide benefits on the territory of the FEZ "Bishkek" as a subject of the FEZ "Bishkek" in the amount of 1% of the proceeds from the sale of goods, works and services, upon completion of processing invoices and cargo customs declarations.
Special currency regime
A special currency regime on the territory of the FEZ provides for the free circulation of foreign currency, including when providing services and settlements between legal entities and individuals in accordance with the rules established by the legislation of the Kyrgyz Republic. Settlements of FEZ subjects with foreign participants in foreign trade activities are carried out in any currency by agreement of the parties. On the territory of the FEZ "Bishkek" there is a banking institution that provides settlement and cash services to the subjects of the FEZ and convenient payment of customs and tax payments without leaving the territory of the FEZ "Bishkek", as well as the possibility of making money transfers in all directions, obtaining preferential loans and carrying out currency exchange operations.