With a domestic market of over 39 million people and a strategic location at the crossroads of Central Asia, Uzbekistan offers a compelling base for businesses looking to grow and connect with regional markets.
Your investment journey begins with understanding the opportunities and the framework behind them. Explore how investor rights are protected, how investment agreements work, which institutions can support your plans, and what incentives are available to your business.
Your investment deserves more than great opportunities. It deserves strong protection. In Uzbekistan, your rights, assets, and interests are safeguarded by legal guarantees established under national legislation.
Equal rights
Equal legal protection
Foreign investors enjoy equal legal protection in Uzbekistan.
Non-discrimination
Protection against discrimination based on nationality or country of origin.
Investing in Uzbekistan offers more than business opportunities. It opens the door for you and your family to build a life, work, and settle in the country, with access to education, healthcare, and residency opportunities, as provided under national legislation.
Investment agreements provide a practical framework for establishing and implementing investment projects in Uzbekistan. Investors can enter into agreements with the Government or private partners, depending on the nature and objectives of their projects. Each option offers a structured approach to defining the terms of cooperation and moving from negotiations to implementation.
How the process works
Submit the proposal to the Ministry of Investment, Industry and Trade of the Republic of Uzbekistan (MIIT), the Investment Promotion Agency of Uzbekistan, or other relevant state authorities, depending on the project.
The responsible state authority coordinates the required legal, financial and economic assessments with other relevant authorities.
The proposal and expert conclusions are submitted to the Cabinet of Ministers of the Republic of Uzbekistan for consideration.
Following a positive conclusion, the foreign investor and the authorised state body sign the agreement.
The agreement takes effect following approval by the Cabinet of Ministers of the Republic of Uzbekistan, unless the relevant decision provides otherwise.
Discover Uzbekistan's tax incentives and customs advantages, designed to help you invest with confidence, manage costs, and grow your business.
Plan your business with a clear understanding of Uzbekistan's tax system. Select a tax to learn how it applies to your business.
Companies generally pay a 15% corporate income tax on their taxable profits, rather than on their total sales revenue.
Corporate income tax calculator (USD)
Change either amount below to update the estimated taxable profit and 15% tax instantly.
Estimated taxable profit: $30,000.00; Estimated tax: $4,500.00
VAT is a 12% tax added to most taxable sales of goods and services. Businesses collect VAT from customers and can generally deduct VAT paid on qualifying business purchases.
VAT calculator (USD)
Enter sales and qualifying purchases before VAT to estimate the net VAT for the period.
VAT on sales: $1,200.00; VAT on eligible business purchases: $480.00; Estimated net VAT: $720.00; Effective VAT difference: 7.2%
Employees generally pay 12% income tax on their taxable salaries. Employers deduct this amount from salaries and pay it to the tax authorities.
Personal income tax calculator (USD)
Enter a monthly salary before income tax to estimate the 12% tax deducted from pay.
Income tax withheld: $360.00; Salary after income tax: $2,640.00; Annual gross salary: $36,000.00; Estimated annual income tax: $4,320.00
Employers generally pay social tax equal to 12% of their employees' salaries. This is an additional cost paid by the employer, not an amount deducted from employees' pay. Budget-funded organisations generally pay 25% instead.
Social tax calculator (USD)
Enter the monthly gross salary and choose the employer type to estimate social tax and total employer cost.
Personal income tax withheld: $120.00; Employee take-home salary: $880.00; Social tax paid by employer: $120.00; Total employer cost: $1,120.00
Companies generally pay an annual property tax of 1.5% on the taxable value of their buildings and other taxable real estate, such as factories, offices, and warehouses.
Property tax calculator (USD)
Enter the taxable value of your property to estimate the annual property tax at 1.5%.
Annual property tax: $15,000.00; Monthly equivalent: $1,250.00
Turnover tax is a simplified tax for smaller businesses, generally calculated at 4% of their sales revenue rather than profit. For businesses that qualify for this system, it generally replaces corporate income tax and VAT.
Turnover tax calculator (USD)
Enter annual sales revenue to estimate turnover tax at the standard 4% rate.
Estimated turnover tax: $4,000.00; Revenue after turnover tax: $96,000.00
Companies pay annual land tax on land they own or use. The amount is determined by the land category, location, and applicable tax rates.
Businesses subject to water use tax pay it based on the volume of water used, its source, and the tax rate applicable to their activity.
Enjoy property and land tax exemptions on qualifying foreign investments.
Understand import and export duties, taxes and clearance procedures to plan your international trade with confidence.
Check the charges and documents required to bring goods into Uzbekistan.
Import duty is calculated using the customs value of imported goods and the tariff assigned to their HS code. To check the applicable rate, enter the product name or HS code in Uzbekistan's Integrated Tariff system, select import and specify the country of origin.
Imported goods are generally subject to 12% VAT, calculated on their customs value plus applicable import duties and excise taxes. Simply add these amounts together and apply the 12% rate to estimate your import VAT.
Excise tax is an additional charge on selected imports, including certain alcohol, tobacco and fuel products. Check your product's code in the official customs tariff system to see whether excise tax applies and find the relevant rate.
Customs clearance fees cover the official processing of imported goods and their customs documents. To estimate the fee, check the applicable customs procedure and shipment value against Uzbekistan's official customs fee schedule.
Customs clearance process
Classify the goods under the appropriate commodity code.
Review tariffs, permits, restrictions and certifications.
Gather the contract, invoice, transport documents and required supporting records.
File the declaration and pay applicable customs charges.
Complete any checks and obtain release of the goods.
Check customs tariffs and requirements
Look up the duty rate, taxes and documents for your product by name or HS code.
Discover the opportunities at IT Park Uzbekistan, where technology companies and startups benefit from attractive tax incentives, business infrastructure, innovation support and access to international markets to establish, develop and scale their businesses globally.
Established 2019 Technology park for software and IT: residency, startups and growth support
Put more resources toward developing your products and expanding your business.
0%
IT Park resident companies are exempt from corporate income tax.
0%
IT Park resident companies do not pay employer social tax.
7.5%
IT Park employees pay 7.5% income tax on their salaries instead of the standard 12% rate, saving 4.5 percentage points on salary tax.
Personal income tax calculator
Compare the income tax on a salary at an IT Park resident with the standard rate.
Standard income tax: $360.00; IT Park income tax: $225.00; Monthly tax savings: $135.00; Monthly take-home salary: $2,775.00; Annual tax savings: $1,620.00
IT Park residents can import equipment, components, technical documentation and software unavailable in Uzbekistan for their own operations with customs exemptions.
Establish, operate and expand your business
IT Park's market-entry programme for foreign IT companies. Start operations in Uzbekistan with up to 12 months of free regional office space and support for staffing and training costs.
IT Park's export growth programme for Uzbekistan-based IT companies. Expand internationally with mentorship and reimbursement of up to 50% of covered export consulting, business travel and exhibition costs.
IT Park's company setup service for local and foreign entrepreneurs. Get assistance with registration, founding documents, tax registration and business banking so you can start operating sooner.
Become an IT Park resident
Check your business activity, review the residency requirements and submit your application through IT Park's official channels.
Investing in Uzbekistan means having access to institutions that facilitate projects, promote dialogue and protect business interests. Explore who can support you, where to turn when challenges arise, and how a dedicated investment manager can help move your project forward.
From national investment policy to hands-on project facilitation and high-level investor dialogue.
Government policy
The ministry leads national investment policy and coordinates investment initiatives, project development and cooperation with public authorities.
Explore MIIT (opens in a new tab)Investor facilitation
A one-stop point of contact for foreign investors: guidance on opportunities, partner introductions, investment documentation and coordination with government bodies.
Explore the AgencyStrategic dialogue
A consultative platform under the President connecting foreign investors and international financial institutions with policymakers to advance investment-climate improvements.
Explore FIC (opens in a new tab)Different mechanisms serve different needs: addressing administrative concerns, resolving disputes through arbitration or pursuing eligible court proceedings.
Business rights
The Commissioner for the Protection of Rights and Legitimate Interests of Entrepreneurs reviews business complaints and helps address violations involving public authorities within its mandate.
Alternative dispute resolution
The Tashkent International Arbitration Centre provides independent arbitration services for commercial disputes. Whether arbitration is available depends on the parties' agreement and applicable law.
Specialised commercial justice
Established within the Tashkent International Financial Centre framework, the Court is intended to hear qualifying international commercial matters under its jurisdictional rules, with implementation in stages.
These mechanisms are distinct. The Ombudsman does not replace judicial proceedings; arbitration generally requires a valid legal basis or agreement; and the Court's availability depends on its operational status and jurisdiction.
For investment projects supported through MIIT, an investment manager may be assigned to accompany the investor, coordinate with relevant authorities and help address practical issues from project preparation through launch. The responsible team and assignment arrangements are determined through the competent ministry channels.
How your investment manager supports you
Share the investor profile, proposed investment, sector, location and current stage of the project.
The responsible team reviews the project and identifies the appropriate coordination and accompaniment arrangements.
The investment manager helps connect the investor with relevant authorities on land, utilities, permits and other implementation needs.
The project is followed through key milestones, with issues escalated to competent bodies where needed.
Planning a project in Uzbekistan?
Contact the Investment Promotion Agency to discuss your project and the appropriate support channel.
Information is provided as an investor guide. Assignment of an investment manager, access to institutions and dispute-resolution procedures depend on the applicable rules and circumstances of each project.