Register at the One-stop shop
Agency: One-stop shop (local registration office) at the Ministry of Justice
Companies with merely Kyrgyz ownership should be registered at the local office of registration (in Bishkek, there are several offices for registering a local company). Companies with foreign investments should be registered in the Ministry of Justice itself.
The following documents need to be submitted at the time of registration:
- Application (can be purchased for KGS 6 at the register or downloaded at http://minjust.gov.kg/ru/content/87);
- Decision on Company Formation (signatures must be notarized if documents are not submitted by the founders);
- Copy of passport (one for each owner);
- Power of Attorney for submission of registration documents;
- Paper-folder.
Once the application documents are received, the Ministry of Justice provides information on the newly formed company to the Tax Service, Statistical Committee and the Social Fund. The notifications happen as follows:
- Within 2 hours the basic information is provided to Statistical Committee;
- Ministry of Justice determines the company’s code according to the General Classifier of Enterprises and Organizations (код ОКПО);
- Once classification number is determined, it is provided to the Tax Service together will other relevant information;
- Tax Service assigns TIN for the newly registered company;
- Once TIN is assigned, it is provided to the Ministry of Justice, Statistical Committee, and Social Fund;
- Copy of passport general directors.
Time and cost: 5 days, KGS 100 (registration fee) + KGS 20 (bank processing fee)
Apply for “parameters” at the State Tax Service
Agency: State Tax Service
Entrepreneurs have to go to the tax authority in order to apply for a set of customized characteristics (Parameters). The Parameters are issued in about 3 days.
Documents that have to be submitted to the STS:
- Registration Certificate (received from the Ministry of Justice);
- Registration Application;
- Tax Registration Application;
- Registration Form of the taxpayer;
- Decision on Company Formation (notarized);
- Copy of passport (for each owner and for director);
- Power of Attorney for submitting the documents for registering the company;
- Paper-folder;
- Articles of Association.
Time and cost: 3 days, no charge
Obtain notification from the Social Fund
Agency: Social Fund
Entrepreneurs need to visit the Social Fund in person in order to obtain the Notification (извещение), which includes relevant for the Social Fund information (e.g., number of employees). This is required to pay future monthly social contributions.
Time and cost: 1 day, no charge
Obtain permission to make company seal and make a seal
Agency: Sealmaker
The seal-making company requests permission to make its client’s company seal. The cost of the seal depends on the delivery time (e.g., 2 hours versus 1 day). The faster the delivery, the higher the cost. The Presidential decree No. 182 makes the use of the seal optional, however in practice, companies still use it.
Time and cost: 1 day, KGS 125 (permission cost) + KGS 450 to 1,500 (service fee)