16:28 / 25.08.2021
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President signs a decree on measures to support public catering and tourism

On August 25, President Shavkat Mirziyoyev signed a decree “On additional measures to support the spheres of public catering and tourism”. 

According to the document, starting from September 1, 2021:

- for a period until December 31, 2021, catering establishments will be exempt from paying land tax of legal entities and property tax of legal entities;
- for a period until September 1, 2023, the calculation and payment of the tourist (hotel) tax will be suspended.

The proposal of commercial banks on additional support for clients providing services in the field of public catering was also approved for the purpose of their financial recovery through the use of various instruments of banking services.

“Provide public catering enterprises with the right to defer the repayment (payment by installments) of debts on turnover tax, income tax, tax for the use of water resources, land tax on legal entities, property tax of legal entities, formed as of August 15, 2021, as well as fines and penalties for all taxes and fees, in the period from January 1 to July 1, 2022, in equal shares, without charging interest, with notifying the tax authorities, without sending an application to local government authorities,” the document says. 

The Ministry of Finance was instructed to submit a draft law to the Cabinet of Ministers within a month, providing for amendments and additions to the Tax Code, based on the above resolution.

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