Tax changes in force from 2026

Key changes for businesses

• The sole proprietor fixed tax is abolished — now turnover tax at 1.0% or VAT and profit tax (PP-247).
• The self-employed exemption up to UZS 100 million is abolished — tax from the first sum, 1.0%.
• If a sole proprietor or self-employed person imports — VAT and profit tax instead of turnover tax.
• Jewellery was added to the activities excluded from turnover tax.

VAT and the threshold

• From 1 June 2026 the threshold for the general regime is 12,000 BCA (UZS 5,280,000,000) (UP-100). The Tax Code still says UZS 1 billion — the decree has not been written into the code.
• Voluntary simplified VAT for catering, trade and services — 6.0%, profit tax 0.0%.
• Businesses moving from turnover tax to VAT for the first time: no registration penalty for 1 year, and the next period is exempt from profit tax.

Returns and penalties

• The tax authority prepares 6 returns; if you do not correct them within 5 days, you are deemed to agree (Tax Code, article 81).
• Late returns: micro-firms and small enterprises — 3 BCA; only one penalty per month.
• First offence (tills etc.) — an official warning and 3 days instead of a penalty.

Tills and payments

• A special QR for sole proprietors and the self-employed — mandatory from 1 January 2026.
• A unified QR for legal entities — from 1 July 2026.
• Cashless-only payment for some goods and services — from 1 April 2026.

E-invoices

• On a high-risk e-invoice the buyer may pay the VAT as an agent.
• The labelling code is mandatory on e-invoices for labelled goods.