Taxes in Uzbekistan 2026

This guide provides an overview of the main business taxes in Uzbekistan in 2026, including corporate income tax, VAT, turnover tax, property tax, land tax, labor-related taxes and available tax benefits. The information is intended for foreign investors, companies and business owners planning to operate in Uzbekistan.

As of June 1, 2026, when registering a company or selecting a taxation regime, businesses in Uzbekistan should consider three main options:

→ TURNOVER TAX;

→ SIMPLIFIED VAT PAYMENT PROCEDURE AT A RATE OF 6%;

→ GENERAL TAXATION REGIME — 12% VAT AND CORPORATE INCOME TAX.

The choice of tax regime depends not only on the amount of revenue, but also on the type of business activity, the customer base, whether the company makes purchases subject to VAT, the level of expenses, and the company’s expected profit.

 

 

 I. TURNOVER TAX

Turnover tax is a special tax regime under which a company pays tax on its aggregate income instead of VAT and corporate income tax.

Who can apply the turnover tax regime?

From June 1, 2026, the maximum amount of aggregate income for applying the turnover tax regime is 12,000 BCAs per tax period.

For a newly established company registered during a calendar year, the income threshold is calculated proportionally to the period of operation from the date of state registration until the end of that year.

Main tax rates:

• 4% — the standard rate for most companies, including retail businesses operating in cities with a population of 100,000 or more;
• 2% — for retail businesses operating in other localities;
• 1% — for retail businesses operating in remote and mountainous areas, as well as for individual entrepreneurs and self-employed persons.

Special or reduced tax rates may be established by law for certain categories of taxpayers.

Who is not eligible to apply the turnover tax regime?

The turnover tax regime does not apply, in particular, to:

• manufacturers of excisable goods and persons engaged in the extraction of mineral resources;
• agricultural producers with irrigated agricultural land of 25 hectares or more;
• companies selling gasoline, diesel fuel, and gas;
• lottery organizers;
• trustees under simple partnership agreements;
• owners of certain vacant buildings, structures, unfinished construction projects, and unused production facilities recognized as being used inefficiently;
• legal entities carrying out construction projects financed from centralized funding sources, except for routine and major repairs;
• fixed retail outlets selling alcoholic beverages, including beer;
• markets and shopping complexes;
• tax consulting firms and audit organizations;
• non-profit and budget-funded organizations;
• companies selling medicines and medical devices and/or providing medical services;
• manufacturers and sellers of jewelry;
• other categories of taxpayers specified by law.

Turnover Tax on Imported Goods

From June 1, 2026, legal entities, individual entrepreneurs, and self-employed persons are no longer required to become VAT payers solely because they import goods.

Therefore, the import of goods itself no longer results in a mandatory transition to VAT and corporate income tax.

An importer may apply the turnover tax regime provided that its income does not exceed the applicable threshold and it does not fall into any other category of taxpayers prohibited from using this tax regime.

Reporting and Payment Deadlines

• monthly tax calculation and payment — no later than the 15th day of the month following the reporting month;
• annual tax calculation — no later than February 15 of the year following the tax period.

What should be taken into account?

Turnover tax is calculated on the company’s total aggregate income, regardless of the amount of its expenses or whether it earns a profit.

If a company has significant expenses, a low profit margin, or substantial purchases subject to VAT, the turnover tax regime may not always be the most advantageous option.

In addition, a customer that is a VAT payer will not be able to claim input VAT on goods or services purchased from a turnover tax payer.

II. SIMPLIFIED VAT PAYMENT PROCEDURE AT A RATE OF 6%

From June 1, 2026 until January 1, 2030, companies whose primary business activity is trade, public catering, or the provision of services may voluntarily apply the simplified procedure for calculating and paying VAT.

Main conditions of the simplified regime:

• VAT is charged at a rate of 6% on all turnover from the sale of goods and services;
• the corporate income tax rate is 0%;
• no corporate income tax return is required;
• VAT paid on purchases of goods and services is not deductible as input VAT;
• VAT paid on imported goods is also not deductible as input VAT;
• VAT exemptions and incentives available under the general taxation regime do not apply;
• VAT refunds or reimbursements are not available;
• any negative VAT balance is written off.

At the same time, customers purchasing goods or services from a company applying the 6% VAT rate are entitled to claim the VAT charged to them as input VAT.

Who is eligible to apply the 6% VAT regime?

The simplified VAT procedure may be chosen by companies whose primary business activity is:

• trade;
• public catering;
• provision of services.

The simplified procedure does not apply to:

• large taxpayers;
• companies in which the state owns 50% or more;
• companies whose primary business activity is not trade, public catering, or the provision of services.

Transition to the 6% VAT regime

A company may switch to the simplified procedure or discontinue its application from the first day of the month following the month in which the relevant notification is submitted.

For example, if a company submits the notification in July, the new tax regime will apply from August 1.

Reporting and Payment Deadlines

VAT must be calculated and paid monthly — no later than the 20th day of the month following the reporting month.

No corporate income tax return is required under this regime.

What should be taken into account?

The 6% VAT regime may be convenient for companies working with customers that are VAT payers, since such customers are entitled to claim the VAT charged to them as input VAT.

However, the company itself is not entitled to deduct input VAT. Therefore, if a significant portion of its purchases is subject to VAT or if the company imports goods, the general 12% VAT regime may, in some cases, be more advantageous.

 

 

  III. GENERAL TAXATION REGIME

 

Under the general taxation regime, a company pays:

• corporate income tax;
• VAT at a rate of 12%.

The general taxation regime applies if a company is required by law to use it or if it chooses to apply it voluntarily.

CORPORATE INCOME TAX

Rates:

• 15% — standard rate;
• 20% — for banks, polyethylene granule manufacturers, mobile communications operators, and certain other categories of taxpayers.

Special tax rates and incentives may apply to certain industries and categories of taxpayers.

Reporting Deadlines

• tax calculation for each reporting period — no later than the 20th day of the month following the reporting quarter;
• annual tax calculation — no later than March 1 of the year following the tax period.

Advance Payments

Taxpayers with aggregate income exceeding UZS 20 billion must make monthly advance payments no later than the 23rd day of each month of the reporting quarter.

Tax Benefit When Switching from Turnover Tax

Turnover tax payers that switch to corporate income tax for the first time starting from January 1, 2026 are exempt from corporate income tax for one tax period following the year of transition.

The exemption does not apply to:

• dividend income;
• interest income;
• reorganized taxpayers.

For example, if a company switches from turnover tax to corporate income tax for the first time in 2026, the exemption applies in 2027, provided that the applicable statutory conditions are met.

In addition, companies that switch from turnover tax to VAT and corporate income tax for the first time during the period from January 1, 2026 to January 1, 2030 are entitled, for six months, to reduce their VAT or property tax liability by the amount of their accounting expenses, up to 3.5 minimum wages per month.

VAT — 12%

Rates:

• 12% — standard VAT rate;
• 0% — for certain transactions specified by law, including the export of goods, international transportation, and other qualifying transactions.

Under the general taxation regime, a company may deduct input VAT, subject to the requirements of tax legislation, and may also benefit from applicable VAT incentives and refund mechanisms.

Reporting and Payment Deadlines

VAT must be calculated and paid monthly — no later than the 20th day of the month following the reporting month.

 

IV. LAND TAX AND PROPERTY TAX

These taxes are payable if a company owns or uses the relevant land plot, holds land use rights, owns real estate, or has other taxable assets.

LAND TAX

The land tax rate depends on:

• the category of the land plot;
• its location;
• its designated use;
• its area;
• applicable territorial coefficients.

Specific tax rates are determined in accordance with Article 429 of the Tax Code of the Republic of Uzbekistan.

Payment Deadlines

• companies that are not turnover tax payers must pay land tax monthly — no later than the 10th day of each month, in the amount of 1/12 of the annual tax liability;
• turnover tax payers must pay land tax quarterly — no later than the 20th day of the third month of each quarter, in the amount of 1/4 of the annual tax liability.

For agricultural land, the tax calculation must be submitted no later than May 1 of the current year.

CORPORATE PROPERTY TAX

Rates:

• 1.5% — standard rate;
• 3% — for certain types of property, including unfinished construction projects and equipment that has not been put into operation within the prescribed period.

Special tax rates and exemptions may apply to certain types of property and categories of taxpayers.

Payment Deadlines

• companies that are not turnover tax payers must make monthly advance payments — no later than the 10th day of each month, in the amount of 1/12 of the annual tax liability;
• turnover tax payers must make quarterly advance payments — no later than the 20th day of the third month of each quarter, in the amount of 1/4 of the annual tax liability.

The property tax calculation must be submitted by the deadline established for filing the annual financial statements.

Starting from 2026, property tax reporting may be generated proactively by the tax authorities based on the information available to them.

 

 V. TAX FOR THE USE OF WATER RESOURCES

The obligation to pay this tax arises when a taxpayer uses water resources and has a taxable object as defined by law.

The tax rates are established by Article 445 of the Tax Code and depend on:

• the source of water supply;
• the category of taxpayer;
• the type of business activity;
• the volume of water used.

Deadlines

The calculation of the estimated tax amount must be submitted no later than January 20 of the current year.

Newly established taxpayers must submit the calculation within 30 days from the date of state registration.

Advance Payments

• companies that are not turnover tax payers and whose tax liability for the tax period exceeds 200 BCAs must make monthly advance payments — no later than the 20th day of each month, in the amount of 1/12 of the annual tax liability;
• companies whose tax liability is less than 200 BCAs, turnover tax payers, and individual entrepreneurs must make quarterly advance payments — no later than the 20th day of the third month of each quarter, in the amount of 1/4 of the annual tax liability.

Annual tax reporting must be submitted within the deadlines established by the Tax Code for the relevant category of taxpayers.

 

SOCIAL TAX

The standard social tax rate for most companies is 12%.

Different rates apply to budget-funded organizations and certain other categories of taxpayers.

Deadlines

• tax calculation and payment — monthly, no later than the 15th day of the month following the reporting month;
• annual tax calculation — no later than February 15 of the following year.

Reduced social tax rates are available for certain categories of employers, including:

• residents of the Creative Park — a 6% rate applies from May 1, 2025 until January 1, 2031;
• residents of IT Park and Cyber Park — exempt from social tax;
• certain public catering businesses, hotels, and organizations providing specified types of services;
• greenhouse farms that meet the prescribed conditions — a 1% social tax rate applies from January 1, 2026 until January 1, 2029;
• employers hiring members of low-income families (see the Tax Committee clarification: Social Tax at 1%: New Incentives for Entrepreneurs);
• employers hiring students of schools, colleges, and technical schools who are under 30 years of age for vocational training — from September 1, 2024 until September 1, 2027, a 1% social tax rate applies to the wages paid to such employees;
• other cases provided for by law.

PERSONAL INCOME TAX

The main personal income tax (PIT) rates are:

• 12% — income of individuals who are residents of the Republic of Uzbekistan, except for dividends and interest;
• 5% — dividends and interest paid to residents;
• 12% — employment income and other income of non-residents, except for certain types of income;
• 10% — dividends and interest paid to non-residents;
• 6% — income of non-residents from international transportation.

Deadlines

• monthly tax calculation — no later than the 15th day of the month following the reporting month;
• annual tax calculation — no later than February 15 of the following year;
• the tax must be paid at the same time as the income is paid, but no later than the deadline for submitting the relevant tax return.

INPS (Individual Accumulative Pension System)

The mandatory contribution to the Individual Accumulative Pension System is 0.1% of the employee’s income subject to personal income tax.

This amount is credited against the personal income tax due and therefore does not increase the employee’s overall tax burden.

The calculation, transfer of funds, and submission of the relevant register are made monthly — no later than the 15th day of the month following the reporting month.

 

 

 

VII. EXCISE TAX

Excise tax is payable on the production, sale, or import of excisable goods, as well as on the provision of certain excisable services.

The tax rates are established by Articles 289¹–289³ of the Tax Code of the Republic of Uzbekistan for each type of excisable product.

Excise tax rates may be:

• fixed;
• percentage-based;
• combined.

Deadlines

Excise tax must be calculated and paid monthly — no later than the 10th day of the month following the reporting month.

For imported excisable goods, the tax must be paid within the deadlines established by customs legislation.

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This information is provided for general guidance only. Tax obligations may vary depending on the company’s activity, tax regime, turnover, import/export operations, employees, assets and available tax benefits. For an individual assessment, please consult a tax or accounting specialist.