Uzbekistan extends privileges for tourism service providers until December 31

In accordance with the presidential decree, the following privileges and preferences have been extended until December 31, 2021:

a) reduction of the rate of profits tax for tour operators, travel agents, as well as accommodation facilities by 50%;

b) partial subsidization of tour operators’ air and rail ticket expenses by 30% of the ticket price for foreign tourist groups of at least 10 people, provided that they stay at least five nights;

Also, tour operators, travel agents, and entities providing hotel services (accommodation services) in the field of tourism:

- are exempted from paying land tax and property tax at the rate set for legal entities;
- will pay social tax at a reduced rate of 1%.