Tax system in Uzbekistan
Uzbekistan uses a broad flat-tax model. Resident individuals are taxed on worldwide income at 12% for most income, while non-residents are taxed on Uzbekistan-source income, generally at 12% except for dividends, interest and freight income.
Companies generally pay 15% corporate income tax, with 20% rates for banks, mobile operators, markets and selected sectors. From 1 June 2026, the small-business threshold for moving to the general VAT and profit-tax regime is UZS 5 billion; special mandatory rules can still apply.
Tax rates at a glance
- Income tax
- 12%
- Wealth tax
- 0%
- Inheritance tax
- 0%
- Capital gains tax
- 12%
- Corporate tax
- 15%
- Dividend tax
- 5% / 10%
- VAT
- 12%
Who benefits most
These profiles tend to benefit most when the rules match their real residence, payroll and business setup.
Regional operatorsLocal employersExport businessesE-commerce companiesInvestors
Watch out for
- Uzbekistan is not a zero-tax country. The main rates are 12% PIT, 15% general CIT, 12% VAT and 12% employer social tax for most employers.
- Individual entrepreneurs and self-employed persons with annual turnover up to UZS 1 billion use a 1% turnover-tax regime from 2026. From 1 June 2026, the general small-business threshold for moving to VAT and profit tax is UZS 5 billion.
- Export tax privileges have been narrowed since 2025, and e-commerce companies should track 2026 changes to CIT and turnover tax rates.
Frequently asked questions
Is Uzbekistan a low-tax country?
Uzbekistan has moderate headline rates rather than zero-tax rules. Individuals generally pay 12% PIT, companies generally pay 15% CIT, and VAT is 12%.
Which taxes apply in Uzbekistan?
The main taxes are personal income tax, corporate income tax, VAT, employer social tax, turnover tax for eligible small businesses, property tax, land tax, excise tax, customs duties and withholding tax on selected cross-border payments.
Does Uzbekistan have wealth or inheritance tax?
No. Uzbekistan does not levy a net wealth tax, inheritance tax, estate tax or gift tax, but property tax, land tax and transaction costs may still apply.