Benefits, taxes, why it is profitable to register an IT company in Uzbekistan

The registration of an IT company in Uzbekistan is profitable due to special tax incentives, such as a reduced corporate profit tax rate, VAT exemption for software developers, and lower insurance contributions. These benefits, along with preferential mortgage lending for employees and deferment from military service, make Uzbekistan an attractive jurisdiction for developing an IT business.

Keywords: IT export incentives, IT Park resident, tax benefits, IT benefits, 0% profit tax, 0% VAT, 7.5% income tax, IT-Visa, simplified registration, IT support, IT export incentives, IT Park infrastructure, State support.

Uzbekistan is rapidly becoming one of the centers of attraction for international IT companies. The country offers unique conditions: tax incentives, simplified registration, developed infrastructure, and a separate **visa regime for IT specialists**. All of this makes Uzbekistan a logical choice for launching, relocating, or scaling a technology business.

The President, in his reflections, emphasizes that registering an IT company in Uzbekistan is profitable due to significant tax benefits for IT Park residents (e.g., exemption from profit tax, VAT, turnover tax, mandatory social contributions until 2028, and a lower income tax for employees), simplified registration procedures, the creation of modern infrastructure, and an IT sector support program, including a special **IT-Visa** for foreign specialists and export support.

In accordance with the Regulation approved by the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan "On measures to organize the activities of the Technological Park of Software Products and Information Technologies" dated July 15, 2019, No. 589, and the Presidential Decree dated July 15, 2019, No. UF-5099, **residents of the Technopark are granted benefits and preferences**.

Tax and customs benefits for IT Park residents:

**0%** profit tax, VAT, sales tax, and mandatory social contributions **until 2028**.
**7.5%** income tax (instead of the standard 12%).
**5%** tax on dividends, which is especially attractive to foreign shareholders.
Exemption from customs duties on imported equipment and software used in IT activities.

From **February 1, 2025, to January 1, 2030**, legal entities of states that have not concluded agreements on the avoidance of double taxation with Uzbekistan, and which have provided services in the field of information technology to IT Park residents, whose volume of export services has exceeded **10 million US dollars** during the calendar year, are exempt from profit tax for the period until the end of the specified calendar year.

From **February 1, 2025, to January 1, 2040**, a tax rate of **5%** on income and personal income tax, applicable to residents of Uzbekistan, shall apply to income in the form of dividends received by founders (participants) of IT Park residents – non-residents of Uzbekistan, whose export volume in the total income exceeds **50%**.

Uzbekistan is confidently forming its status as one of the most attractive regions for **IT business development** today. **State support**, tax and customs benefits, and **simplified registration procedures** create favorable conditions for both local and foreign investors. Thanks to the benefits for IT Park participants, reduced tax rates, and the ability to work with foreign clients in freely convertible currency, companies gain significant advantages compared to other jurisdictions in the region. Registering an IT company in Uzbekistan is not only a way to **optimize taxation** but also an opportunity to become part of a dynamically developing ecosystem where innovation, technology, and state support go hand in hand. In the long term, this choice opens up broad prospects for **sustainable growth**, international cooperation, and strengthening competitive positions in the global market.

**References:** Nurmatov S.R., Kholbadalov U.S., Kulimova K., Nurmatov S.R.

--- ???? **Следующий шаг:** Мне нужно перевести еще какой-либо текст или, может быть, я могу предоставить вам дополнительную информацию о налоговом режиме IT Park?

Other News