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category Uzbekistan

Entrepreneurs will be exempt from reporting on 4 types of taxes

Entrepreneurs will be exempt from reporting on 4 types of taxes

From 2026, entrepreneurs will be exempt from reporting on land, property, social, and income taxes, Kursiv reported.

This was announced by President Shavkat Mirziyoyev during a meeting with the country's entrepreneurs. Now these documents will be prepared free of charge by the tax authorities.

Entrepreneurs will have the right to make changes to the reports within 5 days.

Also, the President instructed the Tax Committee to introduce a unified penalty system from November 1. This system will be free from complexities related to the number of penalties or non-payment.

The amount of fines for small businesses will be reduced up to three times.

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