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Uzbekistan Provides Tax Reduction Incentive to Renewable Energy Plant Production — Orbitax
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Uzbekistan Provides Tax Reduction Incentive to Renewable Energy Plant Production

|Approved Changes|Uzbekistan
Uzbekistan

Uzbekistan has published Decree No. UP-220 of 9 September 2022 on additional measures to introduce energy-saving technologies and develop renewable energy sources. While most of the decree concerns measures to promote the adoption of renewable energy by individuals and new constructions, it also includes a tax incentive for certain legal entities. The incentive includes a 50% reduction in corp…

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