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Uzbekistan Introduces Mandatory Tax Audit Requirements for Limited and Additional Limited Liability Companies

|Approved Changes|Uzbekistan
Uzbekistan

Uzbekistan has published Law No. ZRU-603 of 22 January 2020, which introduces mandatory tax audit requirements for certain companies. This includes that limited and additional limited liability companies with a book value of assets exceeding 100,000 times the standard calculation index (currently, UZS 223,000) are subject to a mandatory annual audit conducted by an independent external audit organization. The requirement will be enforced from 22 April 2020 (three months following the law's p…

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