Skip links

Tajikistan cuts VAT to 13% by 2027 for cashless transactions

New tax code reduces VAT to 15% from 18% on 1 Jan on cashless transactions; more cuts to come

The Tajik Finance Ministry has passed a new Tax Code which will reduce the Value Added Tax rate by 5% in the following 3 steps:

  • 1 January 2022: 18% to 15%
  • 1 January 2024: 15% to 14%
  • 1 January 2027: 14% to 13%

Higher VAT rate for cash-based transactions

To further encourage the adoption of electronic (and therefore traceable) transactions, the VAT rates on cash-based transactions will rise as follows:

  • 1 January 2022: 18% (unchanged)
  • 1 January 2024: 19%
  • 1 January 2027: 20%

The Tajik VAT registration threshold remains unchanged at TJS 1 million (approx €76,000. Or $90,000) per annum. Tajikistan VAT on digital services was introduced from 16 January 2021.

Nearby Uzbekistan VAT rate is being cut from 15% to 12% from 2023.

To get our free regular VAT news updates, sign-up here.

Leave a comment

Newsletter

Get our latest news right in your mailbox