Tax Advisory in Uzbekistan for Foreign Companies
Taxation is one of the first practical questions every foreign company asks when considering Uzbekistan. How much will we pay? What filings are required? Can we repatriate profit? Is there a more efficient structure?
Uzbekistan has gone through significant tax reform since 2018 — rates have come down, the system has been simplified, and several preferential regimes now exist for foreign investors. Understanding the current landscape before you register saves both money and complications later.
Key Tax Rates in Uzbekistan (2026)
•Corporate income tax (CIT): 15% standard rate. Applies to the net profit of legal entities registered in Uzbekistan.
•VAT: 12%. Applies to most goods and services sold within Uzbekistan and on imports.
•Personal income tax (PIT): 12% flat rate on employment income.
•Employer social contributions: 25% of gross salary. This is a significant payroll cost that foreign companies often underestimate.
•Dividend withholding tax: 10% on dividends paid to foreign shareholders, unless reduced by a double tax treaty.
•Turnover tax (simplified regime): 4% of revenue for eligible small businesses instead of CIT and VAT.
Choosing the Right Tax Regime
Uzbekistan offers several tax regimes, and the choice of regime at the time of registration has a direct impact on your ongoing tax burden. UZ2B advises clients on the most appropriate structure before incorporation.
Standard regime
CIT at 15% on net profit, VAT at 12% on turnover. Applies to all companies by default. Suitable for businesses with significant deductible expenses — salaries, rent, services — where taxable profit is materially lower than revenue.
Simplified (turnover) tax
4% of gross revenue instead of CIT and VAT. Available to companies with annual turnover below a set threshold. Simple to administer, but can be more expensive than the standard regime for high-margin businesses.
IT Park resident
0% corporate income tax. 0% VAT. 7.5% employer social contributions (versus the standard 25%). Personal income tax reduced to 7.5%. Available to technology companies that qualify for IT Park residency. This is one of the most favourable tax regimes in the region and is actively used by foreign IT businesses entering Uzbekistan.
Double Tax Treaties — What They Mean for Your Business
Uzbekistan has signed double tax avoidance treaties with over 50 countries, including Germany, the United Kingdom, the United States, South Korea, China, Russia, and most CIS states.
In practice, this means:
•Dividend withholding tax may be reduced from 10% to 5% or lower depending on the treaty.
•Interest and royalty payments to foreign companies may attract reduced or zero withholding rates.
•Profits of a foreign company without a permanent establishment in Uzbekistan are typically taxed only in the home country.
•Relief from double taxation on the same income in both Uzbekistan and the investor's home country.
Applying treaty benefits requires proper documentation and in some cases advance confirmation from the Uzbek tax authority. UZ2B prepares the necessary filings to ensure treaty rates are applied correctly.
Repatriating Profit from Uzbekistan
Foreign investors can repatriate dividends, loan repayments, and service fees from Uzbekistan. There are no currency controls that restrict outward transfers, provided the underlying transaction is properly documented.
Dividends are subject to 10% withholding tax at source, reduced under applicable tax treaties. The paying company must withhold and remit the tax before transferring the net amount abroad.
Intercompany service fees and management charges require a properly structured contract and must reflect arm's length pricing. Transfer pricing rules apply to transactions between related parties.
How UZ2B Supports Foreign Companies on Tax
Tax advisory at UZ2B starts before registration — not after. The most common and costly mistakes happen when a company chooses the wrong regime, misses early filing deadlines, or structures its operations without considering Uzbek tax consequences.
•Pre-entry tax planning. We analyse your business model and recommend the optimal tax regime, entity structure, and approach to profit repatriation before you register.
•Ongoing tax compliance. We handle all filings — VAT returns, CIT, payroll taxes — and ensure deadlines are met. Our accounting team monitors legislative changes and updates your filings accordingly.
•Tax authority representation. If you receive a request from the State Tax Committee or face a desk audit, we represent your company and manage the process.
•Treaty application. We prepare the documentation required to apply double tax treaty benefits on dividends, interest, and royalties.
Tax advisory works best when combined with local accounting support. See our accounting outsourcing services in Uzbekistan for full-cycle compliance coverage.
Get a Free Tax Consultation
If you are planning to register a company in Uzbekistan or are already operating and have questions about your current tax position, contact UZ2B. We will review your situation and outline the most practical approach for your business.
Tax Advisory & Accounting — UZ2B:
Tell us about your company — country of incorporation, business activity, planned turnover in Uzbekistan — and we will prepare a tailored tax overview within one business day.
Taxation is one of the first practical questions every foreign company asks when considering Uzbekistan. How much will we pay? What filings are required? Can we repatriate profit? Is there a more efficient structure?
Uzbekistan has gone through significant tax reform since 2018 — rates have come down, the system has been simplified, and several preferential regimes now exist for foreign investors. Understanding the current landscape before you register saves both money and complications later.
Key Tax Rates in Uzbekistan (2026)
•Corporate income tax (CIT): 15% standard rate. Applies to the net profit of legal entities registered in Uzbekistan.
•VAT: 12%. Applies to most goods and services sold within Uzbekistan and on imports.
•Personal income tax (PIT): 12% flat rate on employment income.
•Employer social contributions: 25% of gross salary. This is a significant payroll cost that foreign companies often underestimate.
•Dividend withholding tax: 10% on dividends paid to foreign shareholders, unless reduced by a double tax treaty.
•Turnover tax (simplified regime): 4% of revenue for eligible small businesses instead of CIT and VAT.
Choosing the Right Tax Regime
Uzbekistan offers several tax regimes, and the choice of regime at the time of registration has a direct impact on your ongoing tax burden. UZ2B advises clients on the most appropriate structure before incorporation.
Standard regime
CIT at 15% on net profit, VAT at 12% on turnover. Applies to all companies by default. Suitable for businesses with significant deductible expenses — salaries, rent, services — where taxable profit is materially lower than revenue.
Simplified (turnover) tax
4% of gross revenue instead of CIT and VAT. Available to companies with annual turnover below a set threshold. Simple to administer, but can be more expensive than the standard regime for high-margin businesses.
IT Park resident
0% corporate income tax. 0% VAT. 7.5% employer social contributions (versus the standard 25%). Personal income tax reduced to 7.5%. Available to technology companies that qualify for IT Park residency. This is one of the most favourable tax regimes in the region and is actively used by foreign IT businesses entering Uzbekistan.
Double Tax Treaties — What They Mean for Your Business
Uzbekistan has signed double tax avoidance treaties with over 50 countries, including Germany, the United Kingdom, the United States, South Korea, China, Russia, and most CIS states.
In practice, this means:
•Dividend withholding tax may be reduced from 10% to 5% or lower depending on the treaty.
•Interest and royalty payments to foreign companies may attract reduced or zero withholding rates.
•Profits of a foreign company without a permanent establishment in Uzbekistan are typically taxed only in the home country.
•Relief from double taxation on the same income in both Uzbekistan and the investor's home country.
Applying treaty benefits requires proper documentation and in some cases advance confirmation from the Uzbek tax authority. UZ2B prepares the necessary filings to ensure treaty rates are applied correctly.
Repatriating Profit from Uzbekistan
Foreign investors can repatriate dividends, loan repayments, and service fees from Uzbekistan. There are no currency controls that restrict outward transfers, provided the underlying transaction is properly documented.
Dividends are subject to 10% withholding tax at source, reduced under applicable tax treaties. The paying company must withhold and remit the tax before transferring the net amount abroad.
Intercompany service fees and management charges require a properly structured contract and must reflect arm's length pricing. Transfer pricing rules apply to transactions between related parties.
How UZ2B Supports Foreign Companies on Tax
Tax advisory at UZ2B starts before registration — not after. The most common and costly mistakes happen when a company chooses the wrong regime, misses early filing deadlines, or structures its operations without considering Uzbek tax consequences.
•Pre-entry tax planning. We analyse your business model and recommend the optimal tax regime, entity structure, and approach to profit repatriation before you register.
•Ongoing tax compliance. We handle all filings — VAT returns, CIT, payroll taxes — and ensure deadlines are met. Our accounting team monitors legislative changes and updates your filings accordingly.
•Tax authority representation. If you receive a request from the State Tax Committee or face a desk audit, we represent your company and manage the process.
•Treaty application. We prepare the documentation required to apply double tax treaty benefits on dividends, interest, and royalties.
Tax advisory works best when combined with local accounting support. See our accounting outsourcing services in Uzbekistan for full-cycle compliance coverage.
Get a Free Tax Consultation
If you are planning to register a company in Uzbekistan or are already operating and have questions about your current tax position, contact UZ2B. We will review your situation and outline the most practical approach for your business.
Tax Advisory & Accounting — UZ2B:
Tell us about your company — country of incorporation, business activity, planned turnover in Uzbekistan — and we will prepare a tailored tax overview within one business day.
