The State Duties Law has been enacted from January 1, 2020, simultaneously with the new edition of the Tax Code, the Ministry of Finance said in a statement.

Prior to the adoption of this Law, the procedure for calculating, paying, waiving and returning state duties had been regulated by section 17 of the Tax Code. While, some rates and certain types of state duties were regulated by over 38 by-laws.

In accordance with article 9 of the Law on Currency Regulation, state duties, fees and other obligatory payments are levied only in the national currency, with the exception of consular fees.

According to the of the President’s Improving the procedure for setting the amount of wages, pensions and other payments decree of May 21, 2019, the Law revised the rates of state duties established in foreign currency. The procedure for their collection in soum equivalent has been established, based on the Basic Calculation Value (BCV).

In general, the rates of state duties remained unchanged, their sizes having been set by the Appendix to the Law, the statement added.

In addition, new types of state duties have been introduced:

• recognition and enforcement of decisions of foreign courts and foreign arbitration courts - at 2*BCV;
• for issuance of a license to operate as a payment system operator – at 5*BCV;
• for issuance of a license to operate payment systems - at 5*BCV.

The Law has kept the list of persons exempted from paying state duty.

In addition, the Law provides that the waivers provided for by by-laws and not provided for in the Law shall be valid until their expiration.