Kyrgyzstan, Japan to coclude agreement to avoid double taxation

Economy Загрузка... 03 October 2025 13:22
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Bishkek, Oct. 2, 2025 /Kabar/. Negotiations between delegations of the Kyrgyz Republic and Japan will be held in Bishkek on October 6 - 9, 2025, to conclude an Agreement for the Avoidance of Double Taxation with Respect to Taxes on Income and the Prevention of Fiscal Evasion or Avoidance, the press service of the Economy Ministry of Kyrgyzstan reported.

The negotiations are an important step in developing bilateral cooperation between the Kyrgyz Republic and Japan. It should be noted that international agreements on the avoidance of double taxation are considered one of the effective mechanisms for attracting foreign direct investment into the national economy.

The main objectives of the Agreement are to protect residents of one Contracting State from discriminatory taxation in the other Contracting State, prevent tax evasion or abuse of the provisions of the Agreement, and facilitate the exchange of information between the competent authorities of the Contracting States, the report said.