Uzbekistan to raise VAT and corporate income tax transition threshold for small businesses to nearly $417,000

Uzbekistan will raise the threshold for small businesses to transition to VAT and corporate income tax from 1 billion soums (about $83,400) to 5 billion soums (nearly $417,000) starting from 1 June. The proposal was approved by president Shavkat Mirziyoyev.

July 21, 2026

Uzbekistan is set to significantly increase the annual turnover threshold for small businesses before they become liable for Value Added Tax (VAT) and corporate income tax, raising it to nearly $41

tax reform vat corporate tax tax thresholds economic policy business regulation uzbekistan small businesses

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