According to Cabinet of Ministers Resolution No. 742 dated November 5, the new rules will affect companies whose aggregate revenue exceeds established thresholds. Control will apply to processes of merger, accession, or the creation of joint ventures.

Thresholds for transactions

When conducting merger or accession transactions involving two or more economic entities, revenue from the sale of goods and services for the previous calendar year is taken into account. The calculation includes the income of not only the companies themselves but also their groups of persons.

1 billionsom in revenue (during merger or acquisition of shares)
500 millionsom in revenue (during the creation of a joint venture)
25%ownership stake (when purchasing shares/interests)

For the creation of joint ventures through non-monetary contributions (shares, interests, property, or fixed production assets), a threshold of over 1 billion som in total revenue of the founders and their groups of persons has also been established.

Specific conditions apply to the creation of joint ventures in Kyrgyzstan, including projects with foreign participation or agreements between competitors. In such cases, the threshold is over 500 million som in revenue.