Kyrgyzstan's Tamchy SFIT opens a new route for Indian business into Eurasia

The Tamchy Special Financial Investment Territory (SFIT), a new international jurisdiction established to attract foreign investment and facilitate cross-border business, has officially launched on the shores of Lake Issyk-Kul in Kyrgyzstan. The jurisdiction has already welcomed its first resident companies from the UAE, Hong Kong, South Korea, Switzerland and Kazakhstan, while the inauguration of its business centre marked the start of operations.

For Indian companies that seek to expand their presence in Central Asia, one of the key make-or-break factors is the predictability of the legal environment. Tamchy says it operates on the principles of English common law, a legal system well-known to Indian businesses. This allows companies to operate in a familiar legal environment, using transparent mechanisms for investment protection and commercial dispute resolution.

Tamchy SFIT says residents have access to an independent financial regulator, an International Dispute Resolution Centre, and a fully digital administration system that allows remote company registration and business management through a one-stop-shop system.


According to Tamchy SFIT, its tax regime provides zero rates on profits, dividends, capital gains and VAT for up to 49 years for qualifying residents.

Talking at the opening ceremony of Tamchy SFIT, the President of Kyrgyzstan Sadyr Japarov emphasised the advantages of the new jurisdiction for international businesses and investors. “Changes in the global economy are driving demand for new centers of business activity where international standards are supported by true freedom of innovation and long-term investment. Kyrgyzstan is ready to become one of these places. We are leveraging global best practices to build a financial centre from scratch — with an independent court, a modern regulator, and rules that won’t change with shifting trends,” he said.

Tamchy SFIT says the new jurisdiction is also geared towards technology companies as its legal framework offers tenants a regulatory sandbox and allows work with virtual assets provided that international financial regulation and compliance requirements are met.

“Great financial centres are built by understanding what international capital and businesses require. Tamchy SFIT offers exactly that — a trusted, flexible, and investor-ready platform for businesses seeking sustainable growth,” said Ali Ijaz Ahmad, First Deputy Chairman of the Tamchy SFIT Management Council.

A business ecosystem is being developed across approximately 6,000 hectares on the shores of Issyk-Kul, surrounded by the Tian Shan mountains. The project is planned to include an international airport, office and hotel infrastructure, as well as a range of services to support international business operations, according to Tamchy SFIT.

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