Uzbekistan has published Presidential Decree No. UP-229 of 27 December 2024 on measures to ensure equal conditions for entrepreneurs and a fair competitive environment. Some of the main measures of the Decree include:
- VAT and profit (corporate) tax rates will not be increased in the period until 1 January 2028;
- Business entities engaged in production activities in the areas of sewing and knitwear, footwear, and leather goods are provided a 1% profit tax rate from 1 January 2025 to 1 January…