Hire your remote team in Kyrgyzstan

Only 499 EUR per employee per month

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Hiring a remote team in a country as Kyrgyzstan comes with a lot of overhead, such as compliance, local laws, taxes, etc. As a company, you don't want to worry about knowing all the local laws. Instead you want to focus on your remote team and the business. Rivermate's Employer of Record (EOR) solution helps companies hire remote employees in Kyrgyzstan. We take care of global payroll, taxes, benefits, compliance and HR activities. So you can focus on growing your business.

A remote team

1. Hire a remote team in Kyrgyzstan with Rivermate

Payroll, benefits, taxes, and compliance can be difficult to manage in Kyrgyzstan, particularly if you don't have established local relationships. You can hire employees in Kyrgyzstan effectively, conveniently, and in full compliance with all relevant labor laws using Rivermate's global Employer of Record (EOR) solution. We handle the responsibilities and legal risks associated with foreign employment so you can concentrate on growing your company.

2. Introduction

Rivermate is a global employment solutions company that provides Employer of Record services in Kyrgyzstan.

As an employer of record, we help you hire employees and run payroll services in Kyrgyzstan, allowing you to avoid the necessity of first establishing a branch office or subsidiary in Kyrgyzstan.

It is not necessary to establish an entity in order to hire an employee. We can hire your employee in any country with a few mouse clicks. Using our Employer of Record solution, you can have full compliance, benefits, and automated payments.

If you wish to hire a remote team in Kyrgyzstan or individually hire remote employees in Kyrgyzstan, Rivermate’s global employer of record services will make sure that the process will be as seamless as possible for you.

Send us a message so we can talk about how Rivermate’s Employer of Record Kyrgyzstan services can best help your company!

3. Hire a remote team in Kyrgyzstan

Hiring remote employees in Kyrgyzstan is a decision that requires a lot of analysis and scrutiny. Recruiting the right employees is another important task. To prevent penalties and delays, employers must learn how to recruit personnel and understand the country's employment compliance rules.

4. Cost of living in Kyrgyzstan

Kyrgyzstan's cost of living is $441, which is 2.11 times less costly than the global average. Kyrgyzstan was rated 186th out of 197 nations in terms of cost of living and 125th in terms of quality of life.

In Kyrgyzstan, the average after-tax wage is $248, which is enough to meet living costs for 0.6 months.

Why is it so costly to live in Kyrgyzstan? Because we have a reference point of a developed nation lifestyle, and sustaining such a quality of living in certain least developed countries is difficult and costly. As a result, living expenses in Kyrgyzstan range dramatically between natives and foreigners.

5. Cost of renting in Kyrgyzstan

The average monthly rent in Kyrgyzstan is USD 199 or KGS 16,878. If you are an employer looking to hire remote employees in Kyrgyzstan, this information should be of help!

6. Major industries in Kyrgyzstan

When it comes to the poorest countries in the world, the Kyrgyz Republic is in the top 10. It is, nonetheless, one of the most beautiful nations in Central Asia. Fishing, forestry, mining, and manufacturing are all major industries. In the last five years, all financial metrics have shown consistent progress. It's no surprise that corporations are wanting to invest in and attract people from Kyrgyzstan, particularly in the IT and sales areas.

According to the most recent statistics, the average broadband speed is 48 Mbps against 25 Mbps mobile internet speed, which is pretty excellent when compared to other Central Asian areas.

7. Hiring cost in Kyrgyzstan

Let us look at the costs of employing staff in Kyrgyzstan. Kyrgyzstan's currency is the Kyrgyzstani Som, or KGS; at the current exchange rate, 1000 KGS equals 12 USD.

- Cost of living in Kyrgyzstan (with rent) – 430 USD/ 36326 KGS

- Average rent in Kyrgyzstan – 199 USD/ 16811 KGS

- The average cost of hiring an employee in Kyrgyzstan – 3000 USD/ 253438 KGS

8. Employment laws Kyrgyzstan

Understanding the land regulations and complying with the laws is critical in the global employment process to prevent stress or fines. Kyrgyzstan has well-defined labor regulations that protect both workers and businesses. Some significant points are listed below.

According to Kyrgyz labor regulations, there must be a written agreement signed by both the employer and the employee that covers working conditions, hours, wages, and perks. An employment contract may not extend longer than the months provided for fixed-term work. If the employee continues to work after the agreement has expired, it is considered executed indefinitely.

Employers may recruit probationary staff to evaluate their performance. In Kyrgyzstan, the probation term is normally no more than three months for ordinary entry-level posts and may be up to six months for senior positions. If the performance is not sufficient, the employer may terminate the contract by providing three days' notice and outlining the cause for termination. Employees may also end the contract by giving three days' notice during probation if they believe the work is not right for them.

Regular working hours may not exceed forty hours per week, according to Kyrgyz labor law. Short-term and part-time employment is also authorized. Employers must pay their employees at least once a month.

Labor laws, employment norms, and regulations differ in each nation and place and may become a laborious chore.

9. Top skills Kyrgyzstan

However, if you wish to recruit in Kyrgyzstan, they are renowned to be diligent and dependable. The capital city, Bishkek, is home to the bulk of Kyrgyzstan's knowledge workforce. Furthermore, the Kyrgyz Republic's High Technology Park provides a virtual environment with a specific legal and budgetary administration.

Bishkek is well-known for its ability to provide remote employees in sectors like as software development, web development, mobile application design, programming, blockchain technologies, big data, and other IT services.

Aside from IT services, the city has academic, translation, digital marketing, and sales professionals.

10. Economic landscape in Kyrgyzstan

Kyrgyzstan's total population was over 6.5 million as of December 2019, with an exceptional rise in labor force rate of 60.20%. The country's GDP is presently 8.455 million USD, with an average monthly earnings of 216 USD after taxes. The cost of living for one person is roughly 430 USD, which indicates that living in Kyrgyzstan is 80% cheaper than living in Singapore.

11. Market size in Kyrgyzstan

Information on the market size of Kyrgyzstan is currently unavailable.

12. Minimum wage in Kyrgyzstan

The Kyrgyz Republic's minimum monthly wage is 1750 Kyrgyzstani Som, or about $20.

13.Why choose Rivermate to hire your remote team in Kyrgyzstan?

Establishing an entity in Kyrgyzstan to hire a team takes time, money, and effort. The labor law in Kyrgyzstan has strong worker employment protection, requiring great attention to details and a thorough awareness of local best practices. Rivermate makes expanding into Kyrgyzstan simple and effortless. We can assist you with hiring your preferred talent, managing HR and payroll, and ensuring compliance with local legislation without the hassle of establishing a foreign branch office or subsidiary. Our PEO and Global Employer of Record (EOR) solutions in Kyrgyzstan give you peace of mind so you can focus on running your business. Please contact us if you'd like to learn more about how Rivermate can help you hire employees in Kyrgyzstan via our Employer of Record (EOR) / PEO solution.

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