Kyrgyzstan is quickly becoming an emerging market for foreign investors from both East and West. Many foreign corporations are now looking to take advantage of the Kyrgyzstan’s low taxes and other incentives for booming business growth. One of the major benefits is easy availability of labor and low costs of living. Kyrgyzstan offers various tax reprieves and incentives for foreign companies that choose to settle in the country, and remains one of the most open economies in Central Asia in view of the foreign investment protection, with numerous bilateral investment treaties in force, the Energy Charter Treaty and the ICSID Convention, as well as the Treaty on the Eurasian Economic Union. This unique overlap of multiple international investment protection treaties coupled with the rich natural endowments, including minerals and forests, and the significant potential for the expansion in the agriculture sector, hydroelectricity production, and tourism industry, makes Kyrgyzstan particularly attractive for foreign businesses.
Kyrgyzstan is abundant with highly educated labor force that is eager to learn, and opening a branch in Bishkek, the capital of Kyrgyzstan, gives access to a plentiful supply of educated and motivated individuals to fill positions. The evolving legal system of Kyrgyzstan is responsive to the requests of foreign businesses and investments, and remains very open to development. The ease of doing business in Kyrgyzstan, combined with its low taxes and limited bureaucracy, make it an ideal place for firms that want to take their business in Central Asia to the next level. Close relationship with Russia and the other former Soviet republics in trade and finance could also help enter the Russian market and the neighboring markets smoothly, saving on overhead costs and focusing on the core business activities.
Open in 2022, the office in Bishkek unites a team of professionals with exceptional background in international investment and international disputes, tax and business planning, energy and mining. The members of the team are recommended by such respected directories as Chambers, The Legal 500, Global Arbitration Review, Who’s Who Legal and others. We offer our clients our support and extensive experience in complex cross-border transactions and disputes, as well as entering the market of Kyrgyzstan.