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Uzbekistan Implements Tax Amendments for 2025

27 January 2025

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Approved Changes

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Uzbekistan

Uzbekistan has published Law No. ZRU-1014 of 24 December 2024 in the Official Gazette, which contains various amendments in relation to the Budget for 2025. With regard to taxation, the main measures include: The profit tax and turnover tax exemptions on income from the sale of goods and services for export is abolished (now subject to the standard 15% profit/corporate tax rate); The reduced profit tax rate of 7.5% for taxpayers engaged in electronic trade of goods, works, and services (e-commerce) is increased to 10% and the reduced turnover tax is increased from 2% to 3%; The fixed tax amount...