Additional features
-
Night mode
BUSINESS | 16:24 / 29.01.2022
6438
1 min read
Uzbekistan to reduce VAT rate
From 2023, the value-added tax (VAT) rate will be reduced from the current 15% to 12%.
This is stated in the presidential decree “On the Development Strategy of New Uzbekistan for 2022-2026”.
According to the document, from 2023 the value-added tax rate will be reduced to 12%, the income tax rate in banking and finance, as well as in telecommunications – to 15%.
The Ministry of Finance, together with the State Tax Committee, is instructed to submit to the Cabinet of Ministers a draft law providing for amendments and additions to the Tax Code of Uzbekistan.
Related News
17:00 / 20.01.2026
Uzbekistan extends zero import duty on key raw materials until 2027
13:02 / 19.01.2026
State Tax Committee discloses major tax defaulters in construction sector
15:16 / 15.01.2026
State Tax Committee clarifies turnover tax rules for self-employed taxi drivers
13:54 / 15.01.2026