Kyrgyzstan Geography, Culture, and Economy

Kyrgyzstan is a landlocked nation located in Central Asia bordering Kazakhstan and China. With an ancient culture influenced over thousands of years by several great civilizations that traveled along the Silk Road, the modern country of Kyrgyzstan remains affected by tribal conflicts after its separation from the Soviet Union. The majority of the country’s 6 million people are ethnic Kyrgyz people, followed by Uzbeks and Russians.

Kyrgyzstan is landlocked and is farther from the sea than any other country. It has a mountainous terrain, with significant natural deposits of gold and other rare metals. Its economy relies on mineral extraction, agriculture, and international remittances (such as from the IMF) for economic growth. Meat, cotton, and wool are their primary agricultural products.

2021
March 21National Holiday “Nooruz”
March 22National Holiday “Nooruz” observed
April 7April People’s Revolution Day
May 1May Day
May 3May Day observed
May 5Constitution Day of the Kyrgyz Republic
May 9Victory Day
May 10Day off for Victory Day
May 13Orozo Ait
July 20Kurman Ait
August 31Independence Day of the Kyrgyz Republic
November 7Days of History and Memory of Ancestors
November 8Days of History and Memory of Ancestors Holiday
November 9Day off for Days of History and Memory of Ancestors
  • Limited Liability
  • Corporation
  • Partnership
  • Corporate Tax: 10%
  • Income Tax (Lowest Marginal Rate): 10%
  • Income Tax (Highest Marginal Rate): 10%
  • VAT/GST/Sales Tax: 1% (lowest rate), 12% (standard rate), 5% (highest rate)
  • Manas Bank (Local Bank)
  • Commercial Bank KYRGYZSTAN (Commercial Bank)
  • Amanbank Kyrgyzstan (Commercial Bank)
  • Optima Bank (Commercial Bank)
  • Tolubay Bank (Commercial Bank)
  • RSK Bank (Commercial Bank)
  • BTA Bank Kyrgyzstan (Commercial Bank)
  • Demir Kyrgyz International Bank (Commercial Bank)
  • Dos Kredo Bank (Commercial Bank)
  • Eco Islamic Bank (Commercial Bank)
  • Bank of Asia Kyrgyzstan (Commercial Bank)
  • KyrgyzCredit Bank (Commercial Bank)
  • Bakai Bank (Commercial Bank)
  • Halyk Bank Kyrgyzstan (Commercial Bank)
  • National Bank of Pakistan Kyrgyzstan (Commercial Bank)
  • Kyrgyz Investment and Credit Bank (Commercial Bank)
  • Finance Credit Bank KAB (Commercial Bank)
  • Aiyl Bank (Commercial Bank)
  • Capital Bank Kyrgyzstan (Commercial Bank)
  • Rosinbank (Commercial Bank)
  • Bai-Tushum Bank (Commercial Bank)
  • Kyrgyz-Swiss Bank (Commercial Bank)
  • Finca Bank Kyrgyzstan (Commercial Bank)

Aadmi can support you with your expansion to Kyrgyzstan. Our team of experts in country manage every aspect of your expansion from incorporation, accounting, legal, and even administrative concerns.  Matched with Global People Strategist’s powerful labor compliance software, your company is in good hands.

Contact us today for more information about how your company can benefit from using Aadmi as your global expansion partner.

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