Legal Regulation of NPOs’ Fundraising Activities Using Non-cash Payment Systems

PUBLISHED: NOVEMBER 2018

Fundraising campaigns, such as crowdfunding, text-to-give, and other electronic means, are increasingly popular in Eurasia. ICNL has done extensive research on the legal framework relating to this type of fundraising in Azerbaijan, Belarus, Kazakhstan, and Kyrgyzstan. This report, focused on Kyrgyzstan, presents a detailed legal analysis of civil, banking, financial, and tax regulation relating to NCOs’ fundraising by means of electronic and online tools, both as written in legislation and as implemented in practice. Additionally, the report provides recommendations on how to efficiently use existing tools in compliance with legislation, as well as how to further develop new methods for NCO fundraising.