Uzbekistan has legislatively regulated the taxation of foreign marketplaces and clarified the rules for cross-border e-commerce, as reported by AN Podrobno.uz.

The changes are enshrined in a document that amended the Tax Code and the Law "On Electronic Commerce". A key innovation concerns foreign companies that provide electronic services or sell goods through electronic trading platforms. For them, the procedure for tax accounting, calculation and withholding of taxes, submission of reports and their payment has been defined.

In particular, foreign marketplaces are now required to pay VAT on goods sold in Uzbekistan. This requirement aims to level the playing field for local sellers.

The amendments also affected the Law "On Electronic Commerce". It now more clearly defines the rights and obligations of e-commerce participants, electronic trading platforms and operators. Special attention is paid to payments, cross-border e-commerce, as well as the export and import of digital goods.

The authorities attribute the need to update the rules to the rapid growth of digital technologies and e-commerce. At the same time, the task is to create modern logistics infrastructure and strengthen the legal protection of market participants.

Earlier, Uzbekistan approved a new procedure for bonded warehouses, which will become the basis for the development of cross-border e-commerce. Now imported goods can be stored under customs control until they are sold through special online platforms.

Source: podrobno.uz