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On the introduction of restrictions on the export of cash foreign currency from the Kyrgyz Republic
In order to ensure financial and economic security, stabilize the situation in the domestic foreign exchange market, as well as protect the national interests of the Kyrgyz Republic, the Decree of the Cabinet of Ministers of the Kyrgyz Republic dated January 13, 2023 No. 7 introduced a temporary ban on the export of foreign currency
On establishing the terms for the formation of the minimum authorized capital of participants in the securities market
In order to increase the level of financial stability and competitiveness of financial organizations, a resolution of the Cabinet of Ministers “On Certain Issues in the Sphere of the Securities Market” was adopted.
On determining the quota for labor migration for 2023
Decree of the Cabinet of Ministers of the Kyrgyz Republic dated December 30, 2022 No. 705-r determined the quota for labor migration, which establishes the maximum number of foreign citizens and stateless persons arriving in the Kyrgyz Republic for the purpose of carrying out labor activities, by sectors of the economy and regions of the Kyrgyz Republic for 2023
On Amendments to the Labor Code of the Kyrgyz Republic
According to the amendments introduced to the Labor Code of the Kyrgyz Republic by the Law of the Kyrgyz Republic dated December 23, 2022 N 123, now an employment contract can also be concluded in the form of an electronic document certified by an electronic signature (electronic labor contract).
Amendments were made to the Tax Code providing for the application of incentives to activities in the field of production of agricultural products and foodstuffs were adopted
According to Articles 102.1.11 and 102.1.11-1 of the Tax Code, income of individuals from direct production of agricultural products (including industrial production), including non-operating income of individuals engaged in production of agricultural products from this activity
Amendments were made to the Tax Code regarding regulation of activities of residents of the countries with preferential tax regime
According to paragraph 10 of Article of the Tax Code, transfer of net income of the permanent establishment of non-resident located in the countries or territories with preferential tax regime to the account of this non-resident will not be considered as income from Azerbaijani sources