For foreign companies and their Uzbek subsidiaries: choosing the regime, setting up accounting, VAT, filings and dealing with the tax authority — in English and Russian.
Which tax regime should a foreign-owned company choose in Uzbekistan?
In Uzbekistan the regime is driven by turnover and activity. Presidential Decree No. PF-100 of 26 May 2026 raised the threshold for mandatory transition to general taxation to 12,000 base calculation units with effect from 1 June 2026 — below that turnover a company may stay on turnover tax. The headline VAT rate in Uzbekistan is 12% and the headline corporate profit tax rate is 15%. Separately, the same decree introduced an optional simplified VAT procedure at 6% of turnover for catering, trade and services, available from 1 June 2026 until 1 January 2030: profit tax under it is 0%, but there is no right to credit input VAT, which makes it attractive to businesses with few VAT-bearing purchases and unattractive to importers.
These are not abstract risks but the scenarios that cost real money in the first year of operating in Uzbekistan.
The company either registers for VAT earlier than it had to, or builds its model on a rate that no longer applies to its sector. The recalculation happens retrospectively, together with the filings.
Common mistake: Most foreign guides still quote a threshold of 1 billion soums. Since 1 June 2026 it is 12,000 BCU — a different figure, and the difference changes the VAT registration decision.
Under the simplified procedure input VAT cannot be credited and a negative balance is written off. For a company with substantial VAT-bearing purchases or imports that is a straight loss, not a saving.
Common mistake: The rate is read as a discount and the condition attached to it is not. The procedure is optional and designed for trade, catering and services with little input VAT.
Discrepancies surface as a notice in the online tax account and the response period starts running immediately — whether or not anyone is reading that account.
Common mistake: Nobody owns the tax calendar end to end, so a missed deadline is discovered when the demand arrives rather than before it.
Reports arrive in Russian and in local formats, the group auditor asks questions the local accountant cannot answer in English, and consolidation stalls.
Common mistake: Tax support is bought as "cheaper bookkeeping", with no requirement for English reporting or for positions the group can actually follow.
Turnover tax, general regime and the 6% simplified VAT compared on your own figures, with a conclusion on which wins at what turnover and what share of input VAT.
Every obligation with its date: what is filed when, who owns it, what happens if it slips. We keep the calendar rather than reminding you occasionally.
A review of how your accounting works today and correction of discrepancies before the tax authority finds them.
Registration once the threshold is crossed, voluntary registration, and electing and documenting the simplified procedure.
Responses to notices and demands, representation on desk queries, and escalation to a dispute when that becomes necessary.
An English summary: which taxes, at which rates, on which deadlines and with which risks — in a form your group auditor can use.
What the business does, its turnover, where it buys, whether there are imports or payments abroad. That is usually enough to see which regime is worth discussing.
We look at the current accounting, the filings and the history of notices, then list discrepancies and open obligations.
A calculation on your figures and a written recommendation with references to the rules. The decision is yours, not ours.
Electing the chosen regime, building the tax calendar, and splitting responsibilities between your accountant and us.
Deadlines, filings, responses to the tax authority and a quarterly summary for head office.
Every point links to the primary source so you can check it yourself.
From 1 June 2026 the threshold for mandatory transition to general taxation in Uzbekistan is 12,000 base calculation units.
Presidential Decree No. PF-100 of 26.05.2026, lex.uzFrom 1 June 2026 until 1 January 2030 catering, trade and services may opt for a simplified VAT procedure at 6% of turnover.
Presidential Decree No. PF-100 of 26.05.2026, lex.uzUnder the simplified VAT procedure the profit tax rate is 0%, but no right to credit VAT on purchased goods and services is granted.
Presidential Decree No. PF-100 of 26.05.2026, lex.uzThe headline value added tax rate in Uzbekistan is 12%.
Tax Code of the Republic of Uzbekistan, lex.uzThe headline corporate profit tax rate is 15%; other rates apply to certain categories of taxpayer.
Tax Code of the Republic of Uzbekistan, lex.uz| Parameter | Simplified (6%) | General (12%) |
|---|---|---|
| VAT rate | 6% of turnover | 12% |
| Input VAT credit | Not available | Available |
| Profit tax | 0% | 15% (headline rate) |
| Who may use it | Catering, trade, services; optional | All VAT payers |
| Period | 01.06.2026 — 01.01.2030 | Open-ended |
The simplified procedure wins where there is almost no input VAT — services and retail buying locally from non-payers. For an importer, or a company with large purchases from VAT payers, losing the input credit costs more than the rate saves.
We will go through your situation, tell you what can realistically be done and by when, and name a price once we understand the scope. Any figure before that would be made up.
The initial consultation is free. We name a price once we understand the scope of work.
No testimonials and no case studies here: they cannot be verified. Only what you can confirm yourself.
This material is for information only and is not tax advice on your particular situation. Rules and rates change — check the current wording via the links to the primary sources above. To have your case assessed, send a request.