Uzbekistan: Proposed tax amendments for businesses, increased e-commerce tax rates in 2026
Proposed to be effective from January 1, 2026.
The Ministry of Economy and Finance in December 2025 presented a draft tax policy for 2026 and published a draft law proposing to raise tax rates for companies engaged in e-commerce from January 1, 2026.
Amendments for businesses
Key proposals in the draft tax policy would:
- Reduce the turnover tax for individual entrepreneurs to 1%
- Abolish certain exemptions
- Introduce corporate income tax incentives for transitioning companies
- Increase thresholds for advance payments
- Provide value added tax (VAT) and subsoil tax benefits
E-commerce tax rates
The draft law would increase corporate income tax to 15% (from 10%) and turnover tax to 4% (from 3%).
For more information, contact a KPMG tax professional in Uzbekistan:
Sardor Shermatov | sshermatov@kpmg.co.uz