Tax Committee names Uzbekistan’s largest taxpayers for 2024

• Navoi Mining and Metallurgical Combine (NMMC) – 35.4 trillion UZS
• Almalyk Mining and Metallurgical Combine (AMMC) – 10.8 trillion UZS
• Navoiyuran – 4.6 trillion UZS
• Uzbekneftegaz – 4.2 trillion UZS
• Hududgaztaminot – 4 trillion UZS
• UzGasTrade – 3.9 trillion UZS
• UzAuto Motors – 3.4 trillion UZS
• Shurtan Gas Chemical Complex – 1.4 trillion UZS
• National Bank of Uzbekistan (NBU) – 1.4 trillion UZS
• Uzbektelecom – 1.1 trillion UZS

 The following private companies contributed 8.6 trillion UZS in taxes:

• UzBAT – 2.9 trillion UZS
• Tashkent Tobacco – 1 trillion UZS
• Enter Engineering – 844.4 billion UZS
• Coca-Cola Uzbekistan – 634.2 billion UZS
• Kapitalbank – 610.3 billion UZS
• Unitel (Beeline) – 576.6 billion UZS
• Hamkorbank – 539.9 billion UZS
• International Beverages (PepsiCo) – 342.8 billion UZS
• ADM Jizzakh – 336 billion UZS

Tax revenue growth in 2024

Tax revenues in Uzbekistan grew by 20.3%, reaching almost 200 trillion UZS. Notable increases were observed in:

• Corporate profit taxes (+29.1%)
• Property taxes (+33.5%)
• Subsoil use taxes (+31.8%)
• Water resource taxes (+48.3%)