Uzbekistan Tax Rates
Uzbekistan operates a flat 12% personal income tax rate and a 15% corporate tax rate, administered by the State Tax Committee. VAT is 12%. Uzbekistan has undergone significant tax reform since 2019, simplifying rates and broadening the tax base as part of broader economic liberalization under President Mirziyoyev's reform agenda.
Top Income Tax Rate
12%
Corporate Tax Rate
15%
VAT / Sales Tax
12%
Capital Gains Tax
12%
Detailed Tax Information
Income Tax Brackets
Uzbekistan imposes a flat 12% personal income tax on all taxable income for residents (reduced from previous progressive rates in 2019). Non-residents are taxed at 20% on Uzbekistan-sourced income. The flat rate was introduced as part of comprehensive tax reforms to simplify the system and improve compliance.
| Income Range | Tax Rate |
|---|---|
| сўм 0+ | 12% |
Corporate Tax
Uzbekistan's standard corporate income tax rate is 15%. Banks pay 20%. Companies in Free Economic Zones and certain priority sectors benefit from tax exemptions and holidays. Small businesses with turnover below threshold may use a simplified tax regime.
Standard Rate
15%
Capital Gains Tax
Capital gains for individuals are included in taxable income at the flat 12% rate. Corporate capital gains are taxed at the standard 15% rate. Property transfer taxes also apply.
Rate
12%
VAT / Sales Tax
Uzbekistan's VAT is 12% on the supply of goods and services. Exempt supplies include financial services, education, healthcare, and public transport. The rate was consolidated as part of the 2019 reform.
Standard Rate
12%
Cryptocurrency Tax
Uzbekistan has introduced a regulatory framework for cryptocurrency through the National Agency for Project Management (NAPM). Crypto exchanges must be licensed. Individual crypto income is subject to the flat 12% income tax. Crypto mining operations are regulated and subject to electricity tariff requirements.
Tax Treaties
Uzbekistan has approximately 50 double taxation agreements. The treaty network has expanded as the country opens to foreign investment.
Treaty Network
50
Double taxation agreements
Major treaty partners:
Key Details
Relocate to Uzbekistan
See how much you could save by moving here from your current country.
+$12K
Tax in United States
$24K
24.4% effective
Tax in Uzbekistan
$12K
12% effective
You Save
50.7%
less tax annually
US Citizens: Important Note
US citizens are taxed on worldwide income regardless of residence. You'll still need to file US taxes, though the Foreign Earned Income Exclusion and Foreign Tax Credit may reduce your liability.
