Resident status, annual reporting, export contracts and repatriation of proceeds — the things companies lose their exemptions over after those exemptions have already been granted.
Why do companies lose IT Park resident status, and what does it lead to?
Companies most often lose IT Park Uzbekistan resident status not because of substantive violations but because of reporting: a resident must undergo a mandatory audit every year and file the documents with the Technopark Directorate within the set deadline. According to IT Park, 152 companies were stripped of the status in July 2026, and 768 companies have lost it since the start of 2026. The Regulation spells out the consequence: failure to perform a resident's obligations leads to removal of the status, after which, on notification from the Directorate, the tax authorities cancel the exemptions already applied and restore the obligation to pay them into the State Budget of Uzbekistan. In other words, the company pays the taxes for the period that has already passed.
These are not abstract risks but the scenarios that break deals and make state authorities decide against you.
Removal of the status cancels the application of the exemptions and restores the obligation to pay them into the State Budget — for a period that has already passed.
Typical mistake: The annual mandatory audit and the filing of documents with the Directorate are treated as a formality and put off. This is the most frequent ground for removal of the status, not a dispute about the nature of the company's activity.
A mismatch between actual activity and the activities in the List is a standalone ground for removal of the status, with all the consequences that has for the exemptions.
Typical mistake: An adjacent project is taken on because “it is IT too”, without a new or supplementary business plan approved by the Directorate. A resident must carry out exclusively the activities specified in the substantiated business plan in accordance with the List.
A resident must ensure repatriation of assets under foreign trade transactions; missing the deadlines carries sanctions calculated as a percentage of the non-repatriated amount, and they grow with the length of the delay.
Typical mistake: People assume that because the service has been delivered and the client will pay sooner or later, there is no currency risk. The duty to ensure repatriation rests with the resident, not with the client.
Failing to meet the requirements for a foreign trade contract, and entering its data into the information system incorrectly, is treated as a breach of the established procedure for export and import transactions.
Typical mistake: MSAs and SOWs are signed on the client's American or European template. Yet mandatory sections are prescribed for a foreign trade contract, and information on the export of services is entered into the information system for foreign trade transactions.
During diligence for a sale of the company or a funding round it emerges that the rights are not documented the way the investor assumed. That stops the deal.
Typical mistake: There is no agreement on works made in the course of employment with in-house developers, and contracts with contractors do not say that the rights pass as exclusive: under the law, rights transferred under an author's agreement are deemed non-exclusive unless the agreement expressly provides otherwise.
After 1 January 2028 the regime is different: the exemption then applies without value added tax and subject to a condition on the share of exports in total income.
Typical mistake: The financial model is built on an open-ended zero tax burden. The design has two stages, and moving between them changes both the rate and the VAT obligation.
The IT-visa exists as a consequence of the Directorate's recommendation: when it ceases to be valid, the consequences reach the holder's family members as well.
Typical mistake: The IT-visa is treated as a standalone document. It is issued on the basis of a recommendation (IT-Card) from the Technopark Directorate, and it terminates early when the grounds listed in the Regulation arise.
We check that you meet the criteria, prepare a substantiated business plan aligned with the List of activities, and file the application through the portal.
The annual audit, the reporting and the agreement with the Directorate brought into a single schedule, so the status is not lost over a deadline.
We bring agreements with foreign clients in line with the requirements for a foreign trade contract and enter them into the information system correctly.
Deadlines for proceeds to arrive, handling a client's delay, and documentary grounds prepared before the sanctions start running.
Agreements on works made in the course of employment with your staff, and transfer of exclusive rights from contractors — the first thing an investor checks.
The Directorate's recommendation, support in obtaining the visa, and monitoring of the grounds for early termination.
We review the current status, the activities under the business plan, the contracts with clients and how rights to the product are documented.
We prepare the documents to obtain the status, or close off whatever is putting it at risk.
Export contracts, rights to the code, HR documents for developers, personal data.
The reporting schedule, the audit by 1 July, repatriation monitoring and changes in the List of activities.
Every point comes with a link to the primary source so you can check it yourself.
Until 1 January 2028, Technopark residents are exempt from all types of taxes and from mandatory contributions to state trust funds, as well as from the social tax.
lex.uz — decree on the TechnoparkIncome in the form of wages of employees under employment contracts with Technopark residents is subject to personal income tax at a fixed rate of 7.5 per cent.
lex.uz — decree on the TechnoparkFor the period from 1 January 2028 to 1 January 2040, Technopark residents are exempt from all taxes except value added tax.
lex.uz — Tax CodeThe criteria for obtaining resident status and the application procedure are set out in the Regulation approved by Cabinet of Ministers Resolution No. 589 of 15 July 2019.
lex.uz — CoM Resolution No. 589A resident must carry out exclusively the activities specified in the substantiated business plan in accordance with the List; a mismatch between actual activity and that List is a ground for removal of the status.
lex.uz — CoM Resolution No. 589If a resident fails to perform its obligations, the status is removed, after which, on notification from the Directorate, the tax authorities take measures to cancel the application of the exemptions and to restore the obligation to pay them into the State Budget.
lex.uz — CoM Resolution No. 589In July 2026, IT Park Uzbekistan resident status was annulled for 152 companies; since the start of 2026, 768 companies have lost the status.
IT Park UzbekistanA resident must ensure repatriation of assets under foreign trade transactions; sanctions are prescribed for missing the repatriation deadlines, and their size depends on the length of the delay.
lex.uz — Law ZRU-573Minimum requirements for foreign trade contracts are set out in the Regulation approved by Cabinet of Ministers Resolution No. 283 of 14 May 2020; non-compliance is treated as a breach of the procedure for export and import transactions.
lex.uz — CoM Resolution No. 283The exclusive rights to use a work made in the course of employment belong to the employer, unless the agreement between the employer and the author provides otherwise.
lex.uz — copyright lawRights transferred under an author's agreement are deemed non-exclusive unless the agreement expressly provides otherwise.
lex.uz — copyright lawThe IT-visa is a category of multiple-entry visa valid for up to three years, extendable without leaving Uzbekistan; it is issued on the basis of a recommendation (IT-Card) from the Technopark Directorate.
lex.uz — Regulation on the IT-visa| Period | What is exempt | What to keep in mind |
|---|---|---|
| Until 1 January 2028 | All types of taxes and mandatory contributions to state trust funds, the social tax | Employee wages — personal income tax at a fixed rate of 7.5 per cent |
| From 1 January 2028 to 1 January 2040 | All taxes except value added tax | A VAT obligation appears; the regime applies where the established conditions are met |
| If the status is removed | Nothing | The exemptions are cancelled and the obligation to pay them into the budget for the past period is restored |
A financial model running to 2040 cannot be built on a zero tax burden: the 2028 transition changes both the set of exemptions and the VAT obligation. And the risk of losing the status makes reporting discipline a question of money rather than of administration.
We will go through your situation, tell you what can realistically be done and in what timeframe, and name the price once we understand the scope. Without that, any figure would be made up.
Консультация по задаче — бесплатно. Стоимость работы называем после того, как поймём объём.
There are no testimonials or case studies here: they cannot be verified. Only what you can confirm yourself.
This material is for reference only and is not legal advice on your specific situation. Rules and tariffs change — check the current wording through the links to the primary sources above. To have your case assessed, send a request.