of June 26, 2015 No. 138
About write-off of financial sanctions and the penalty fee added for untimely and (or) incomplete payment of insurance premiums
Accepted by Jogorku Kenesh of the Kyrgyz Republic on May 21, 2015
This Law is directed to stabilization and support of financial and economic condition of payers of insurance premiums on the national social insurance, stimulation of their interest in more complete debt repayment on insurance premiums of last years, timely payment of the current payments, and also for decrease in receivables of Social fund of the Kyrgyz Republic.
1. To the payers of insurance premiums on the national social insurance having debt on payment of insurance premiums to Social fund of the Kyrgyz Republic the financial sanctions and penalty fee added for untimely and (or) incomplete payment of insurance premiums on the debt formed from January 1, 2009 to December 31, 2014 in the following amounts and cases are written off:
1) 100 percent of the added financial sanctions and penalty fee - in case of complete repayment of the main debt on insurance premiums exclusively in terms of money till September 1, 2015;
2) 80 percent of the added financial sanctions and penalty fee - in case of complete repayment of the main debt on insurance premiums exclusively in terms of money till November 1, 2015;
3) 60 percent of the added financial sanctions and penalty fee - in case of complete repayment of the main debt on insurance premiums exclusively in terms of money till January 1, 2016;
4) 40 percent of the added financial sanctions and penalty fee - in case of complete repayment of the main debt on insurance premiums exclusively in terms of money till March 1, 2016;
5) 20 percent of the added financial sanctions and penalty fee - in case of complete repayment of the main debt on insurance premiums exclusively in terms of money till May 1, 2016;
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The document ceased to be valid since May 1, 2016 according to article 4 of this Law