Bishkek, Jan.9, 2020 /Kabar/. 30 towns of Kyrgyzstan provide tax benefits for entrepreneurship, Deputy Minister of Economy of Kyrgyzstan Dastan Kadyrov said at the press conference at Kabar News Agency.
According to Deputy Economy Minister Kadyrov, in particular it is about such benefits as sales tax, income tax, as well as local taxes, such as land and property taxes.
"As a successful example, we can cite Tokmok town in Chui Oblast. In December 2019, Kyrgyz Temir Group major company entered into an agreement with the Mayor's Office. As a result, the Kyrgyz Temir Group is provided benefits.
The company intends to produce galvanized and polymer-coated sheets. It is planned to produce about 200 thousand tons. The main products will be exported,” Kadyrov said, adding that the amount of investment is more than US $10 million.
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