Uzbekistan, Republic of
Social Tax (ST)
ST is charged on gross payroll of local and foreign employees and payable by the employers.
Starting from 1 May 2021 until 1 January 2023, the State Budget will compensate all legal entities for the amount of ST paid for employees under the age of 25. The refund does not apply to budget organisations and entities where the state share in the authorised capital is 50% or more.
The rates of ST are provided below:
|Taxpayers||Tax rate (%)|
|Association of 'SOS Children’s Villages of Uzbekistan'||7.0|
|Taxpayers using the labour of persons with disabilities working in specialised workshops, sections, and enterprises||4.7|
The standard value-added tax (VAT) rate is 15%. This tax is applicable to the sales value of products, works, and services. Exports of goods are taxed at 0%. There is a list of goods, works, and services exempt from VAT (e.g. certain education, transportation, medical, financial, insurance services, import by individuals within norms).
Net wealth/worth taxes
There are no net wealth/worth taxes in Uzbekistan.
Inheritance, estate, and gift taxes
There are no inheritance, estate, and gift taxes in Uzbekistan. However, PIT may be payable by individuals receiving property by way of gifts, depending on the type of the property and its source.
Property tax is imposed on property located in Uzbekistan and owned by Uzbek legal entities or non-resident individuals. The tax applies to buildings, unfinished constructions, railways, trunk pipelines, and residential real estates on the territory of Uzbekistan.
Tax is levied at the rate of 0.25% to 1,5% of the value of the property depending on type of property.
Non-residents are required to calculate and accrue property tax independently.
Individuals owning or using land in Uzbekistan are subject to land tax. Rates of tax vary depending on the location and the quality of the land. Land tax should be paid twice a year in equal shares by April 15 and October 15.
Contributions to Road Fund
For acquisition of cars, contributions to the Road Fund are established as the higher of:
- 3% of the acquisition price for new cars, or
- from 5% to 16% of BCU per each horsepower, depending on service life, for used cars and vehicles.
- From 1 January 2022, the fee for purchase and (or) temporary import of vehicles into the territory of the Republic of Uzbekistan is abolished. Prior to that, fees for passenger vehicles varied from 6% to 11% of the for each horsepower, depending on the service life, for motorcycles (including mopeds) and bicycles - from 5 to 10%, for other cars - from 9% to 16 % of minimum wage.
Luxury and excise taxes
Due to the expiration of the Protocol on the Application of the Agreement on the Free Trade Area of the CIS Member States with Uzbekistan (dated 31 May 2013), Uzbekistan has cancelled excise taxes for all product lines from 1 January 2021.
The Tax Code provides excise tax rates for locally produced excise-liable goods as well as goods imported in the Republic of Uzbekistan, including tobacco and alcohol.