Austria: Bundesrat approves protocol to tax treaty with Uzbekistan
Austria's Federal Council (Bundesrat) approved the protocol to the 2000 income and capital tax treaty with Uzbekistan on 16 July 2026. The protocol updates the treaty preamble to align with BEPS standards, revises the dual-resident rule for
See MoreUzbekistan signs multilateral convention to tackle tax evasion and avoidance
The OECD has announced that Uzbekistan signed the OECD-Council of Europe Convention on the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (the Convention) as amended by the 2010 Protocol, on 15 July 2026. The
See MoreAustria: National Council approves protocol amending tax treaty with Uzbekistan
Austria's National Council approved the protocol to the 2000 income and capital tax treaty with Uzbekistan on 7 July 2026. The protocol updates the treaty preamble to align with BEPS standards, revises the dual-resident rule for non-individuals,
See MoreUzbekistan introduces simplified VAT rate, tax reforms for small businesses
Uzbekistan has issued Presidential Decree No. UP-100 of 26 May 2026, which outlines a comprehensive reform package designed to modernise and simplify the tax environment for small businesses in Uzbekistan. Scheduled for implementation between
See MoreUzbekistan introduces tax exemptions for cultural, arts sectors
Uzbekistan has released Presidential Decree No. UP-103 of 2 June 2026, which introduces various measures aimed at the modernisation and expansion of cultural and arts sectors in Uzbekistan. To foster new talent, the government is establishing
See MoreAustria, Uzbekistan sign amending protocol to tax treaty
Austriaโs Federal Ministry of European and International Affairs announced that Austria and Uzbekistan signed an amending protocol to the 2000 income and capital tax treaty on 7 May 2026. The protocol was signed by officials from both countries
See MoreAustria: Council of Ministers approves signing of an amending protocol to the tax treaty with Uzbekistan
The Austrian Council of Ministers authorized the signing of an amending protocol to the 2000 income and capital tax treaty with Uzbekistan on 22 April 2026. The 49th Council of Ministers (22 April 2026) approved previous minutes, extended the
See MoreUzbekistan, Vietnam to sign amending protocol to tax treaty
Vietnamโs government issued a statement mentioning that representatives of Uzbekistan and Vietnam convened an online meeting on 9 February 2026 to assess progress in bilateral cooperation, including discussions on finalising and signing an
See MoreUzbekistan outlines 2026โ28 budget and fiscal plan, proposes higher corporate income tax
Uzbekistan's Ministry of Economy and Finance has announced the Budget and Tax Policy for 2026 to 2028 on 26 November 2025. A cornerstone of the forthcoming tax strategy is the consistency of the primary ad valorem tax rates, providing
See MoreUzbekistan agree on trade deal with the US
The US and Uzbekistan agreed on a trade and economic deal on 7 November 2025. President Donald Trump announced on Truth Social that Uzbekistan intends to invest and purchase approximately USD 35 billion from U.S. sectors over the next three
See MoreIndia, Uzbekistan IPA enters into force
The agreement encourages investment, ensures protection and transparency, provides mechanisms for resolving disputes, and supports a strong investment climate to strengthen economic ties between the two countries. The IndiaโUzbekistan
See MoreUzbekistan: Parliament considers proposal to implement Islamic banking
The draft law will provide a legal framework for Islamic banking in Uzbekistan, enabling the establishment of Islamic banks and windows, curbing the hidden economy, and attracting foreign investment in line with international Islamic finance
See MoreUzbekistan: President announces tax incentives for legal firmsย
From 1 January 2026, legal entities switching from turnover tax to VAT for the first time will receive a 1-year corporate tax exemption, a 1-year waiver of VAT registration penalties, and a six-month deduction on accounting
See MoreUzbekistan to refund 50% VAT to livestock and poultry farmers
Uzbekistan is offering a 50% VAT refund to livestock and poultry farms from April 2025 to January 2028 under Cabinet Resolution No. 362, aiming to boost domestic meat, milk, and egg production. Uzbekistan is implementing a 50% VAT refund for
See MoreUzbekistan: Senate approves cross-tax offset amendments
ECOFINโs final meeting under Polandโs Presidency approved a report outlining progress on key EU tax measures and ongoing international developments. The Economic and Financial Affairs Council of the EU (ECOFIN Council) held its final
See MoreUzbekistan reduces customs-duty-free import thresholds for selected goods
The Ministry of Economy and Finance has reduced customs duty exemption thresholds for personal imports to USD 1,000 by air and USD 500 by rail or river, while allowing up to 65 grams of jewellery worth up to USD 2,000 to be imported without
See MoreItaly, Uzbekistan sign investment protection agreement
Italy and Uzbekistan signed an investment protection agreement (IPA) on 29 May 2025.ย Italy and Uzbekistan signed an investment protection agreement (IPA) on 29 May 2025. The agreement aims to support Uzbekistan in improving its legal
See MoreTemu blocked in Uzbekistan: What this signals for global e-commerce players
Starting 20 March 2025, access to the Chinese online marketplace Temu has been officially blocked in Uzbekistan for failing to register locally and comply with new e-commerce regulations. This move, led by the National Agency for Perspective
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