How corporate tax works in Uzbekistan
Uzbekistan resident companies pay corporate income tax on worldwide income. Non-resident companies are taxed on Uzbekistan-source income through a permanent establishment or withholding tax where no permanent establishment exists.
The general Uzbekistan corporate tax rate is 15%. A 20% CIT rate applies to commercial banks, mobile service providers, producers of cement and polyethylene granules, markets and shopping malls. From 1 June 2026, the small-business threshold for moving to the general VAT and profit-tax regime increased from UZS 1 billion to UZS 5 billion; the applicable simplified regime and exclusions still need checking for the business activity.
Tax rates at a glance
- General corporate tax
- 15%
- Banks and selected sectors
- 20%
- Turnover tax
- 4%
- IE/self-employed turnover tax
- 1%
- VAT
- 12%
- Employer social tax
- 12%
Who benefits most
These profiles tend to benefit most when the rules match their real residence, payroll and business setup.
Local operatorsE-commerce companiesManufacturersExport businessesRegional holdings
Watch out for
- From 1 June 2026, small businesses generally move to the general VAT and profit-tax regime once annual turnover exceeds UZS 5 billion. Importers and certain other businesses can be subject to mandatory VAT rules regardless of turnover.
- From 2025, the 0% CIT export privilege was abolished, and export income is included in the turnover tax base.
- 2026 changes affect e-commerce, transfer pricing, excise duties and VAT exemptions, so online stores, marketplaces and subscription businesses should monitor enacted rules closely.
Frequently asked questions
What is Uzbekistan corporate tax in 2026?
The general corporate income tax rate is 15%. Certain sectors, including banks and mobile operators, are taxed at 20%.
Does Uzbekistan have turnover tax?
Yes. Eligible small businesses may use turnover tax instead of CIT and VAT. The standard legal-entity rate is generally 4%, while individual entrepreneurs and self-employed persons with turnover up to UZS 1 billion pay 1% from 2026.
When does VAT apply in Uzbekistan?
VAT is generally 12%. From 1 June 2026, the small-business threshold for moving to the general VAT and profit-tax regime is UZS 5 billion; permanent establishments of foreign companies and businesses subject to mandatory VAT rules can also be liable.