What tax benefits does foreign direct investment get in Uzbekistan?

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Exemption from land tax and property tax — on conditions, for a term set by Presidential decision. 2 taxes Land tax and property tax — exemption scaled to the volume invested, for producers in sectors and territories on legislated lists. 33% The foreign share — at least 33% of charter capital held by foreign participants; 15% for a joint-stock company. The money What counts as the investment — freely convertible currency or new modern technological equipment, invested without a state guarantee. 50% Reinvestment — at least half the income gained from the benefit goes back into production while it runs. Clawback Leaving early costs the benefit — winding up within a year of the term’s end means repaying it before profit is repatriated. The Code reserves the benefit for direct private foreign investment: investment made without a state guarantee by foreign citizens, by stateless persons permanently resident abroad, or by foreign non-state legal entities. Qualifying companies — producers in sectors on a list approved by legislation — are exempted from land tax and property tax, with the term set by decision of the President and scaled to the amount invested. The conditions apply together, not alternatively: location in the defined territories, the 33 per cent foreign share (15 for joint-stock companies), investment in convertible currency or new equipment, and reinvestment of at least half the benefit’s proceeds. Falling out of the conditions means back-taxes for the non-compliant period, with interest.

What tax benefits does foreign direct investment get in Uzbekistan?

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