A company for development, products and your team
Build software for customers, grow your own product or establish a dedicated team. Kyrgyzstan can provide an operating base for your technology company, with contracts, ownership of development results and clear revenue arrangements.
VM.Capital helps align the commercial model, registration framework and day-to-day operations. We start with what the company actually does, who owns the results and what the customer pays for.
Explore All Business SolutionsFour technology company models
Services and deliverables for a customer
Contract Development
Develop software to an agreed specification and earn fees for the work. Contracts define milestones, acceptance, payment and assignment or licensing of rights to the customer.
A product and recurring revenue
Own Digital Product
Own a product or hold the necessary rights and earn licence, subscription or service-access revenue. Define access terms, user rights, support and data handling.
Supporting existing solutions
Technical Support
Maintain and improve software, resolve faults and provide agreed support. Define services, response times, system access and responsibility. Regime eligibility depends on the actual work.
Development within an international group
Dedicated Group Team
A Kyrgyz company organises the team and performs work for other group entities. Substantiate services and remuneration, allocate management responsibilities and document ownership of results.
Services and products need different arrangements
When delivering services
Align the specification, contract, acceptance and payment. Establish which rights remain with the developer and which pass to the customer, including third-party components.
When providing product access
Identify the rights owner, licence or subscription terms and payment arrangements. Assess user obligations and requirements in target markets.
For an existing business, separately assess contract and rights transfers, customer consent and consequences in the original jurisdiction.
Three frameworks — choose according to the activity
A standard Kyrgyz company
An option for technology services and mixed activities outside special-regime eligibility. Assess transaction taxes, product-specific permissions and ongoing obligations.
HTP residency
For eligible technology activities and an export-oriented model. Incorporation and admission to HTP are separate procedures; the company name does not establish eligibility.
Tamchy SFIT
A potential framework for development, technology services and intellectual property ownership. Match specific functions to permitted activities, status and required permissions.
HTP: eligibility rests on substance
Activities and income
At least 90% of income must derive from activities specified by law. Review actual services, contracts and income sources rather than the stated activity alone.
Export model
Assess the requirement for at least 80% exports and/or export income under HTP rules. It applies after final registration, with the first assessment after a full year. A foreign end user alone does not establish an export.
Status and ongoing obligations
Initial registration lasts six months, followed by consideration of final registration. Actual operations, quarterly reporting and mandatory annual audit are required.
HTP tax treatment and the full operating budget
Relief and contribution
Within the regime, residents benefit from corporate income tax, VAT and sales tax exemptions. A 1% revenue contribution to the HTP Directorate remains payable. It is a contribution on revenue, not a corporate income tax rate.
People and ongoing support
A 5% personal income tax rate applies to employees covered by the relevant rules. Account separately for social insurance, audit, accounting, banking and infrastructure. Review obligations in countries where team members work.
Identify the right model first
Tell us about the product or services, customer countries and proposed team. We can help assess options before changing contracts or the business structure.
Tamchy SFIT: when to consider it
SFIT includes technology activities, development teams and intellectual property commercialisation. VM.Capital cooperates with Tamchy SFIT and helps assess whether the proposed model fits.
Activities and authorisations
Distinguish software development, rights ownership and a regulated product. Building payment or virtual-asset software differs from providing the underlying financial services.
Requirements and costs
Assess registration and status, address, presence and governance requirements, reporting and fees. Compare the full budget with a standard company and HTP rather than the headline tax rate alone.
SFIT tax relief has a defined scope. Activities elsewhere in Kyrgyzstan and social insurance obligations require separate review; relief does not remove every owner obligation in other countries.
What needs to work after incorporation
Team and governance
Define management and actual functions in Kyrgyzstan. Document employment or contractor arrangements, including the countries where remote team members work.
Rights and records
Align developer agreements with customer obligations. Review rights transfers, confidentiality, source-code access and third-party licences.
Revenue and reporting
Prepare documentation for bank review, payments and accounting. Distinguish service fees, subscriptions and licensing income, and monitor regime conditions.
How VM.Capital supports the project
Assess the model, support incorporation and agreed applications, and prepare contracts and banking documentation. Arrange accounting, tax and administrative support, coordinating required reviews and audit within the agreed scope.
Agree the work plan, fees and scope before starting. Residency, authorisation and banking decisions remain with the relevant organisations.
A real engagement: an IT company
In a published engagement, VM.Capital established a Kyrgyz company, supported HTP residency and organised arrangements for a distributed team. Client identity and identifying details remain confidential under an NDA.
Explore the IT Company CaseStart with what your company creates
Briefly describe the services or product and the company’s proposed role in Kyrgyzstan. We can help identify the next step.