Favorable conditions for doing business are created in Kyrgyzstan - Jeenbekov

Bishkek, Nov. 3, 2018 / Kabar /. Favorable conditions for doing business are created in Kyrgyzstan, President Sooronbay Jeenbekov told in Osh oblast during his working trip.

He said that lately much has been done to remove existing obstacles for entrepreneurs.

“The registration procedure for entrepreneurs has been simplified, which is no more than 3 days. The most liberal tax regime with lower tax rates has created in the region. And new enterprises are exempted from inspections of fiscal bodies for a period of three years,” said Jeenbekov.

He separately pointed out that the state policy will be aimed at creating living conditions and stimulating projects of the real sector of the economy in the regions of the country.

“Our goal is to protect investors and property from judicial arbitrariness. In a short time, a business ombudsman’s institute will start working in government bodies in order to protect the rights of entrepreneurs. The monetary resources of the country's large financial institutions are aimed at stimulating projects in the regions,” the president said at the opening of the Aravan Cement Plant during a trip to Osh oblast.