VATupdate

Share this post on

Taxation Regulations for Pharmaceutical and Healthcare Companies in Uzbekistan by QQS Payment System

  • The State Tax Committee of the Republic of Uzbekistan has introduced a new payment system called QQS
  • Starting from April 1, 2025, companies involved in pharmaceutical products or medical services will be required to pay QQS
  • Tax authorities will automatically generate QQS reports based on online data
  • Changes related to the Tax Code will be implemented after approval
  • Tax rates for pharmaceutical products and medical services providers are specified based on revenue
  • Different tax rates are set for pharmacies based on location and population size
  • In 2024, a total of 7,785 legal entities were registered as QQS payers, with 1,208 paying the specified tax amount

Source: facebook.com

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.

Sponsors:

VATIT Compliance
Pincvision

Advertisements:

  • Exchange Summit