The rate of land tax and property tax on hotels will be reduced by 90 percent.
A presidential decree “On additional measures to develop the service sector” has recently been adopted. Priority directions for the development of the service sector have been identified.
According to the decree, from April 1, 2022, to January 1, 2025, social tax for entrepreneurs providing retail and catering services, hotel services (accommodation), passenger and freight transport by road, repair and maintenance of vehicles, computer services, repair of household technology, agro- and veterinary services and services provided in entertainment centers, is set at 1 percent.
Land tax and the property tax for hotels and shopping malls with an area of over 5,000 square meters will be reduced by 90 percent from January 1, 2022, to January 1, 2027.
From April 1, 2022, to January 1, 2025, for entrepreneurs providing catering, hotel, shopping and entertainment, tour operator and travel agency services in 28 districts and cities, a turnover tax is set at 1 percent; property and land tax – at 1 percent of the amount accrued for these types of taxes.
Also, from July 1, 2022, in the indicated districts and cities, the procedure for putting up electronic online auctions of land plots for the construction of tourist facilities will be introduced.
Until January 1, 2024, the established rate of property tax and land tax for individuals will be maintained when residential facilities located along the intermahalla shopping and service streets are transferred to the category of non-residential facilities for the provision of relevant types of services.
From January 1, 2022, the excise tax rate on cellular services for mobile operators is set at 10 percent.
