Invest Uzbekistan

Special economic zones

Incentives

Enter the investment amount — land tax, property tax and customs incentives are calculated on the UP-4853 scale, and the profit tax incentive under Article 473 of the Tax Code.

When participant status was obtained

$8.0M

Next tier

  • Investing another $2.0M would bring the land, property and customs incentives to 10 years.
  • Investing another $7.0M would bring the profit tax incentive to 10 years.

The term is also extended if the investment is increased later (TC, Art. 474).

Land tax, property tax and customs payments: 7 years. Profit tax: 5 years.

Land tax, property tax and customs payments

7 years

  1. NoneUnder $300K
  2. 3 years$0.3–3M
  3. 5 years$3–5M
  4. 7 years$5–10M
  5. 10 years$10M and above

Profit tax

5 years

  1. NoneUnder $3M
  2. 3 years$3–5M
  3. 5 years$5–15M
  4. 10 years$15M and above

  • Land tax and property tax

    Exempt for 7 years. The term runs from the date the participant certificate is obtained.

    UP-4853, para. 4TC, Arts. 473–474

  • Customs payments 7 years

    Exempt: construction materials not produced in the republic and imported during construction (except VAT and the clearance fee); technological equipment with no locally produced equivalent, per the approved list (except the clearance fee).

    ZRU-604, Art. 39UP-4853, para. 4

  • Value added tax

    Import VAT is paid with a deferral of up to 120 days. Excess VAT is refunded under a simplified procedure within 7 days.

    ZRU-604, Art. 39

  • Profit tax: accelerated depreciation

    Right to accelerated depreciation of fixed assets over 5 years. The term runs from the date the facility is put into operation.

    TC, Arts. 473, 474

How the incentives apply

  • Tax incentives apply only to the types of activity specified in the investment agreement. Incentives for other taxes are granted under the general rules of the Tax Code.

    TC, Art. 473

  • From 1 June 2025, raw materials, materials and components imported for export products are cleared under the “processing of goods within the customs territory” regime without customs payments (except the customs clearance fee).

    ZRU-604, Art. 39UP-41, para. 12

  • If tax legislation changes, the rules in force on the date of entry in the register apply for the term of the incentives, but for no more than 10 years (excluding excisable goods).

    ZRU-604, Art. 42

  • Incentives provided by legislation are retained until the end of their established term.

    UP-41, para. 15

  • Incentives apply only to activities carried out within the zone.

    ZRU-604, Art. 37

  • If status is revoked, incentives cease from the first day of the month of revocation; if it is revoked for failure to meet obligations, unpaid taxes and customs payments are recovered in full.

    TC, Art. 474ZRU-604, Art. 32

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