What taxes does a company in Uzbekistan pay?

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Under 1 billion UZS of income — 4% turnover tax. Above it — 12% VAT and 15% profit tax. Under 1 bn 4% turnover tax — one monthly return; retail rates vary 4 / 2 / 1% by location. Above 1 bn 12% VAT and 15% profit tax — the general regime, from the day the threshold is reached. Payroll 12% + 12% — personal income tax withheld from the employee, social tax paid by the employer. The regime is decided by total income. A legal entity whose income for the tax period does not exceed one billion sum may pay turnover tax at 4 per cent in place of VAT and profit tax. Certain activities are excluded whatever their size — importers of goods first among them. On the general regime, VAT is 12 per cent and profit tax 15 per cent — 20 per cent for banks, mobile operators, markets and trade complexes. Employment adds personal income tax of 12 per cent withheld at source and social tax of 12 per cent borne by the employer.

What taxes does a company in Uzbekistan pay?

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