Open an IE online and run your business in the Business app
0% commission on QR payments for new customers
O!Business - an app for entrepreneurs in Kyrgyzstan
O!Business is a mobile app by O!Bank where you can register as an Individual Entrepreneur online, open a free business current account, and start accepting customer payments on the same day. Registration is completed without visiting the tax office or filling out paperwork: you verify your identity directly on your phone and receive your IE registration certificate. After opening your account, you get access to commission-free QR acquiring, a POS terminal, business loans, transfers, and account statements for accounting - all in one app.
No commission
For all QR payments, including payments via Kaspi.kz
No limits
Whether your turnover is 200,000 or 20 million KGS, the conditions are the same
Fast
Instant account crediting and cash withdrawal with Visa Business
Manage your business in one app
Download O!Business0% QR acquiring
Until the end of the year
No commission and no turnover limits
Online IE registering
Free
Directly in the app — no queues, no paperwork, in just a couple of minutes
Current account
Free
Opening and maintenance — KGS 0. No monthly fees.
Visa Business - 0% cash withdrawal
No commission
Withdraw cash from your business card at any ATM in the country with no commission
Loans and overdraft
Apply online and get funding to grow your business without visiting a bank
Payments 24/7
Transfers and account management anytime, with no days off or restrictions
Everything for accounting
Account statements for any period, transaction filters, and payment registers for POS terminal transactions
Personal manager
A real person, not a chatbot. Supporting your business from account opening to your first account statement
How to get started?
Register an IE online directly in the app
Registration starts on your phone - no queues or paperwork. You will need your tax ID, a passport of a citizen of the Kyrgyz Republic, and an electronic signature. After submitting your IE registration application in O!Business, you will receive your IE registration certificate in the Tunduk app. Your registration status is processed within 3 days. After that, complete video identity verification in the O!Business app, and your business current account will be opened automatically.
To get full access to the app, you need to complete identification once at an O!Bank branch. After that, all O!Business features will be available to you. You can also apply for a Visa Business card and a POS terminal there.
Now your entire business is in your phone
With O!Business, you can see all your accounts and cards in one place: your balance, transaction history, and account statements for any period, with filters and PDF export. Transfers and payments are available 24/7, with no days off or restrictions. Withdraw cash with your Visa Business card at any ATM with no commission. And if you prefer working from a computer, the main features are also available in the web version of O!Business.
Why do entrepreneurs choose O!Business?
Get started
Convenience and accessibility
- Register as an IE and open a business account online
- Manage your accounts and payments 24/7
- Balance, transaction history, and account statements - always at your fingertips
Financial flexibility
- Free account opening and support
- Free cash withdrawals at branches and ATMs of all banks in Kyrgyzstan
- Business loans and overdrafts - online, without paperwork
Control and transparency
- Transaction history, filters, and PDF statement export
- Personal manager to support your business
- Fast financial reporting for accounting and audits
O!Bank products for business
FAQ
What is required to register IE status without visiting the tax office?
Your tax ID, Kyrgyz Republic passport and cloud digital signature (CDS) are required. All steps are made online, in the O!Business app. IE registration certificate is issued upon successful process completion.
How can an existing IE open an account?
Pass remote identity verification. Account will be opened automatically upon video identity verification completion in the app. No bank visit is needed.
What is the bank account opening fee?
- Account opening and maintaining are fee-free.
- You can find detailed business banking rates here.
What is needed for remote identity verification?
Passport, IE registration certificate or tax patent.
How much does it cost to open an IE with the bank?
Registering IE via O!Business is free. Account opening and maintaining are fee-free.
How long is the process?
IE registering takes 15 minutes. Account opening and card issue/POS terminal connection normally take 2-3 business days.
How to increase the limit?
In-person identity verification is required under the applicable laws. You can visit a bank office or request the visiting agent, i.e. at card or POS terminal delivery, to increase your limit.
How to get a 3-in-1 POS terminal?
Choose the method most convenient to you
- Apply on the website here
- Submit application by phone: 0705 000 303
- Visit any O!Store
How to get a business card?
You can apply for a business card at any O!Bank office.