What tax benefits do special economic zones give in Uzbekistan?

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Property and land tax relief — and a profit-tax holiday of 3, 5 or 10 years by investment. 2 taxes Property tax and land tax — exemption scaled to the investment, for a term set by Presidential decision. 3 / 5 / 10 The profit-tax holiday — 3 years from USD 3–5 million invested, 5 years from 5–15 million, 10 years from 15 million up. 1 Apr 2026 The holiday changes shape — participants admitted from that date receive accelerated depreciation for the same terms instead of exemption. Scope Only the agreed activities — benefits cover the activities in the investment agreement with the zone’s Directorate; the clock runs from the participant certificate and the facility’s commissioning. Participants of special economic zones are exempted from property tax and land tax, scaled to the investment made, for a term set by decision of the President. Profit tax is exempted by investment tier: three years from three million US dollars, five years from five million, ten years from fifteen million and above. For taxpayers who obtain participant status from 1 April 2026, the profit-tax benefit takes the form of accelerated depreciation of fixed assets for the same terms. The benefits reach only the activities named in the investment agreement concluded with the zone’s Directorate. The property and land relief runs from the date of the participant certificate; the profit-tax terms run from commissioning of the production facility. Losing participant status ends the benefits from the first day of that month.

What tax benefits do special economic zones give in Uzbekistan?

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