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Saida Mirziyoyeva: Raising the VAT threshold provides vital relief for small businesses.

Uzbekistan's entrepreneurship community has welcomed major legislative changes aimed at easing the tax burden on small businesses. Saida Mirziyoyeva, Head of the Presidential Administration, announced that raising the value-added tax (VAT) threshold from UZS 1 billion to UZS 5 billion will unlock new opportunities for thousands of entrepreneurs across the country..

29 May 16:10

Other News

Uzbekistan imports $508 million in natural gas over four months as domestic demand shifts.

Uzbekistan continued to be a net importer of natural gas during the first four months of 2026, with import volumes comfortably outstripping exports. Data from the National Statistical Committee reveals that between January and April, gas imports from Turkmenistan and Russia rose by 53.6% to reach $508.3 million. .

29 May 11:50

IT Park service exports surge by over $38 million amid strong quarterly growth.

Uzbekistan’s technology sector recorded robust growth during the first three months of the year, driven by a substantial rise in both foreign sales and domestic market activity. According to data released by the National Statistical Committee, service exports by IT Park member companies reached $191.8 million between January and March 2026..

29 May 11:50

Uzbekistan finalizes WTO accession negotiations with India.

Uzbekistan has successfully wrapped up its bilateral market access negotiations with India, marking another step forward in its bid to join the World Trade Organization..

29 May 11:40

Businesses to get simplified VAT refunds and easier reporting error corrections

President of Uzbekistan approved proposals to reduce the burden on businesses. These include automatic refund of negative VAT balances for low-risk entrepreneurs, removal of temporary suspension of VAT payer certificates and the right to correct reporting errors.

29 May 05:23

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