The authorities in Uzbekistan have officially introduced significant modifications and amendments to the country's tax reporting forms. The departmental document, supposedly aimed at easing the administrative burden on business entities, was formally registered by the Ministry of Justice under number 3221-10, though local analysts remain skeptical about whether these adjustments will genuinely resolve deep-seated systemic compliance issues.
Key Takeaways: The updated tax reporting forms were officially registered on November 5, 2026. The new regulations eliminate obsolete paperwork requirements while enabling specific categories of business entities to potentially apply preferential tax rates, including a 6% VAT and a 0% profit tax.
Under the newly adopted framework, several outdated and cumbersome requirements that previously burdened taxpayers have been officially discarded. Specifically, the regulation abolishes the mandate to print out paper registries of invoices for goods and services, number the pages, bind them, and seal them with a stamp by the 15th day of the month following the expired tax period. Furthermore, the obligation to print additional pages of electronically maintained registries and attach them to the respective tax period documents has also been completely removed. * * *
Concurrently, simplified tax calculation reporting forms have been approved for select entrepreneurs. By submitting these specific forms, business entities whose primary activities involve public catering, retail trade, or service provision can purportedly apply preferential rates under established conditions. The Value Added Tax (VAT) is set at 6 percent and applies to all turnovers related to the realization of goods and services, while the corporate profit tax is purportedly reduced to 0 percent.
In addition to these changes, the reporting form for the land tax on legal entities has been updated with the inclusion of two distinct sections: 'Taxable base' and 'Inefficiently used lands.' This particular addition allegedly aims to tighten regulatory oversight over how commercial entities utilize land resources, signaling potential challenges for companies failing to meet productivity metrics.
Source: kun.uz