Skip to main content

Uzbekistan: Tax incentives for legal entities

Tax incentive measures aimed at promoting entrepreneurship from January 1, 2026

Share
December 16, 2025

The president adopted Decree No. УП-138, which includes various tax incentive measures aimed at promoting entrepreneurship from January 1, 2026.

Legal entities transitioning from turnover tax to value added tax (VAT) for the first time will receive several tax incentives, including:

  • A one-year corporate income tax exemption
  • A penalty exemption for VAT registration non-compliance
  • A six-month corporate income tax deduction for accounting expenses

Additionally, the obligation to prepare certain tax reports will be shifted to tax authorities, allowing taxpayers to amend reports within five business days. Companies with income exceeding UZS 20 billion (up from UZS 10 billion) must make monthly advance corporate income tax payments, easing the tax burden and aiding tax planning.


For more information, contact a KPMG tax professional in Uzbekistan:

Sardor Shermatov | sshermatov@kpmg.co.uz

Nafisa Sadullaeva | nsadullaeva@kpmg.co.uz

Thank you!

Thank you for contacting KPMG. We will respond to you as soon as possible.

Contact KPMG

Use this form to submit general inquiries to KPMG. We will respond to you as soon as possible.
All fields with an asterisk (*) are required.

Job seekers

Visit our careers section or search our jobs database.

Submit RFP

Use the RFP submission form to detail the services KPMG can help assist you with.

Office locations

International hotline

You can confidentially report concerns to the KPMG International hotline

Press contacts

Do you need to speak with our Press Office? Here's how to get in touch.

Headline