The Kyrgyz Revenue Service (RS) has provided information about the registration process for individual entrepreneurs (IE). Citizens of Kyrgyzstan and foreigners residing in the country can become IEs. Registration is possible either personally by submitting form STI-163 to the RS or online on the Cabinet.salyk.kg website using ESIA, digital signature, or Smart-iD KG. The registration certificate is issued within three working days. IEs are obliged to choose a tax regime and declare their income and expenses through opening a business account at a bank. Reporting includes monthly, quarterly, and annual forms for different tax regimes, with penalties ranging from 1 to 23 thousand soms for violators.