Starting from January 1, a new unified tax rate is planned to be introduced for entrepreneurs selling products on marketplaces. Under the new scheme, the profit tax will increase from 10 percent to 15 percent, while the turnover tax will rise from 3 percent to 4 percent.
This was announced in the budget address by the Ministry of Finance. At the same time, concessions have been determined for small businesses with an annual turnover of up to 1 billion soums.
For these businesses, the turnover tax rate will be reduced from 4 percent to 1 percent. The tax policy aims to maintain the primary rates, including VAT (12 percent) and profit tax (15 percent), at their current levels.
Additionally, tax rates for land, property, and the extraction of natural resources will be indexed by an average of 7 percent. Companies transitioning to the general taxation system are planned to be exempted from profit tax.
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