President confirms second VAT rate cut in four years The President of the Central Asian state of Uzbekistan has reconfirmed a reduction of Value Added Tax from 15% to 12% next year. The ruling Liberal Democratic Party of Uzbekistan announced the reduction last year that
Sales tax introduced; VAT exemptions withdrawn The Central Asian state of Uzbekistan has introduced a 1% turnover tax from 1 April 2022 until 31 December 2024 for a range of sectors. It has also removed the VAT exemption on banking fixed-fee services. Shoe manufactures Retail
VAT obligations for non-resident providers of e-services Uzbekistan introduced VAT obligations in its Tax Code on non-resident providers and intermediaries for B2C digital or electronic services from 1 January 2020. There is no VAT registration threshold, and returns must be filed monthly. There is av
Second VAT rate cut in four years The ruling Liberal Democratic Party of Uzbekistan has moved to reduce the standard Value Added Tax rate to 12% from 1 January 2023. The current VAT rate in Uzbekistan is 15%. There is also a plan for a
