Taxes, Rates, Payment due dates and tax reporting for the enterprises in Uzbekistan in 2023

 I. ENTERPRISES THAT ARE NOT TURNOVER TAX PAYERS:

- enterprises whose gross revenue for the tax period exceeds 1 000 000 000 UZS;
- importers of goods;
- manufacturers of excisable goods (services) and (or) mining minerals;
- legal entities - agricultural producers if they have irrigated agricultural land with an area of ​​25 hectares or more;
- legal entities selling gasoline, diesel fuel and gas;
- legal entities engaged in lottery organization activities;
- a trustee - a participant in a simple partnership;
- legal entities - owners of empty buildings;
- legal entities that carry out the construction of facilities (with the exception of current and capital repairs) at the expense of centralized sources of financing;
- stationary outlets for the retail sale of alcoholic beverages, including beer;
- markets and shopping malls;
- organizations of tax consultants, audit organizations;
- non-profit organizations (including budgetary ones). At the same time, non-profit organizations are VAT payers only if they carry out commercial activities.

Main taxes: 

PROFIT TAX:

Rates: 15% (standard)*, 20% (for certain taxpayers), 10% (for e-commerce).
Deadlines: Quarterly calculation – by the 20th day of the month following the quarter; annual return – by March 1st of the following year.
Advance payments (if income exceeds 10 billion UZS) – by the 23rd of each month.
Non-resident IT Park participants are exempt from profit tax on IT services.

*(!) The 0% tax rate for exporters has been abolished.

VALUE ADDED TAX (VAT):

Rate: 12%.
Deadlines: Calculation and payment before the 20^th day of the month following the expired tax period. 

 II. BUSINESSES SUBJECT TO TURNOVER TAX
(with revenue up to 1 billion UZS):

TURNOVER TAX/SALES TAX:

Rate: 4%
Deadlines: Monthly calculation – by the 15th day of the month following the reporting period; annual return – by February 15th of the following year.

Option to pay a Fixed amount:

• Up to 500 million UZS – 30 million UZS per year.
• Over 500 million UZS – 40 million UZS per year.

Deadline: fixed amount is paid monthly, by the 15th of each month.

III. GENERAL TAXES FOR ALL BUSINESSES
(for all enterprises with Cadastre):
 

LAND TAX:

Rate: According to Article 429 of the Tax Code of the Republic of Uzbekistan.
Deadlines:

• For VAT tax payers – by the 10th of each month.

• For turnover tax/sales tax payers – by the 20th of the third month of each quarter.
  These type tax payers pay the land tax quarterly, no later than the 20th day of the third month, in the amount of ¼ of the annual tax.

PROPERTY TAX:

Rates: 1.5%; 3% (for unfinished constructions).
Deadlines:

• Advance payments for non-turnover tax payers – by the 10th of each month.

• For turnover tax payers – by the 20th of the third month of each quarter.
  Final calculation is due along with the annual financial statements.

 IV. WATER USE TAX

SOCIAL TAX:
Rates: 12% (standard), 1% (for employment of low-income individuals and students).
Deadlines: Calculation and payment – by the 15^th of the month following the reporting period; annual return – with the submission of the annual report.

PERSONAL INCOME TAX (PIT):
Rates:

• 12% (for residents, excluding dividends and interest)
• 5% (for residents’ dividends and interest)
• 12% (for non-residents)
• 10% (for non-residents’ dividends and interest)
• 6% (for international transport services)
• 1% (for students of schools, colleges, and technical institutions under 30 years old)

Deadlines: Calculation – by the 15^th of the month following the reporting period; annual return – with the annual report.

Payment is made at the same time as income is paid.

INDIVIDUAL ACCUMULATIVE PENSION SYSTEM (IAPS):
Rate: 0.1% (included within PIT)**
Deadline: Calculation and payment – by the 14^th of the month following the reporting period.
          **(!) Foreign citizens and stateless persons permanently residing in the Republic of Uzbekistan also have the right to participate in the accumulative pension system, though it is not mandatory.

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