Exemption from land tax and property tax — on conditions, for a term set by Presidential decision.
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. (Tax Code, Art. 471 — lex.uz ↗)
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. (Tax Code, Art. 472 — lex.uz ↗)
Accounting keeps the books and makes every filing on time, with monthly reports in English.
Part of the answer bank — 52 questions, each cited to the article it rests on.