Kyrgyzstans Mining Fiscal Regime: H1 2015

Kyrgyzstans Mining Fiscal Regime: H1 2015


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Executive Summary

Kyrgyzstan's Mining Fiscal Regime: H1 2015

Summary

Kyrgyzstan has substantial deposits of gold and copper, and mineral resources form much of the country's economic potential. Its mining industry is governed by the Ministry of Energy and Industry of Kyrgyzstan and the State Geology Agency for Geology and Mineral Resources. Mineral Resource Act is the apex Law of the Kyrgyz Republic for the mining industry in Kyrgyzstan.

Scope

The report outlines Kyrgyzstan's governing bodies, governing laws, mining rights and key fiscal terms which includes, tax on use of subsoil, corporate income tax (CIT), Land Tax, withholding tax, depreciation, loss carry forward and value added tax (VAT).

Reasons to buy

Gain an overview of Kyrgyzstan's mining fiscal regime.



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1 Table of Contents

1 Executive Summary

2 The Kyrgyz Mining Industry-Governing Bodies

2.1 The Ministry of Energy and Industry of the Kyrgyz Republic

2.2 The State Agency on Geology and Mineral Resources of the Kyrgyz Republic

2.2.1 Licensing Department

3 The Kyrgyz Mining Industry-Governing Laws

3.1 Mineral Resources Act

3.1.1 Basis for granting mineral rights

3.1.2 Effective terms of mineral rights

3.1.3 Procedures for granting mineral rights

3.1.4 Suspension and termination of mineral use rights

4 The Kyrgyz Mining Industry-Key Fiscal Terms

4.1 Tax on use of Subsoil

4.1.1 Bonuses

4.1.2 Royalty

4.2 Corporate Income Tax (CIT)

4.3 Land Tax

4.4 Withholding Tax

4.5 Depreciation

4.6 Loss Carry Forward

4.7 Value Added Tax (VAT)

5 Appendix

5.1 Abbreviations

5.2 Methodology

5.3 Secondary Research

5.4 Primary Research

5.5 Contact GlobalData

5.6 About GlobalData

5.7 GlobalData's Services

5.8 Disclaimer

1.2 List of Figures

Figure 1: The Mining Industry in Kyrgyzstan-Commodity Mines at Different Stages (Number of Mines), 2015

1.1 List of Tables

Table 1: The Mining Industry in Kyrgyzstan-Fiscal Regime Terms and Other Taxes (%), 2015

Table 2: The Mining Industry in Kyrgyzstan-Depreciation Tax (%), 2015

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Kyrgyzstan, fiscal regime, governing bodies, governing laws, mining rights and key fiscal terms which includes, tax on use of subsoil, corporate income tax (CIT), Land Tax, withholding tax, depreciation, loss carry forward and value added tax (VAT).

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