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Uzbekistan to Eliminate Tax Exemptions Starting January 2025: What You Need to Know

  • Uzbekistan will abolish certain tax exemptions effective January 2025
  • Exemptions from Value Added Tax (VAT) for passenger transportation and zero-rate land tax for certain landowners will be eliminated
  • Several VAT exemptions related to utility services, medical treatment, medicines, and medical devices have already been removed
  • The number of registered VAT payers in Uzbekistan has increased by 5% from the previous year
  • Import of precious stones used for jewellery production will be exempt from VAT for three years

Source: daryo.uz

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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