Uzbekistan Introduces Moratorium on VAT and Profit Tax Increases and Other Measures
Uzbekistan has published Presidential Decree No. UP-229 of 27 December 2024 on measures to ensure equal conditions for entrepreneurs and a fair competitive environment. Some of the main measures of the Decree include:
- VAT and profit (corporate) tax rates will not be increased in the period until 1 January 2028;
- Business entities engaged in production activities in the areas of sewing and knit…