The parliament of Kyrgyzstan approved the law for the ratification of the amending protocol to the 2012 income and capital tax treaty with Korea (Rep.) on 23 April 2025.

Earlier, the National Assembly of Korea (Rep.) approved the ratification of the protocol to the tax treaty with Kyrgyzstan on 13 March 2025.

The protocol will come into effect 30 days after the exchange of ratification instruments and will generally apply from 1 January of the year following its entry into force.

The treaty was signed on 3 December 2024.

Kyrgyzstan’s Cabinet of Ministers authorised the Minister of Economy and Commerce to sign an amendment protocol to the 2012 income and capital tax treaty with Korea (Rep.) on 19 November 2024.