1 January 2025, Uzbekistan recorded 283,600 active individual entrepreneurs (IEs), reflecting a 17.91% increase compared to the previous year, according to the press service of the Tax Committee. Nearly 83% of entrepreneurs opted for fixed-rate income tax, 16.2% chose turnover tax, and 0.9% are registered as VAT payers. The registration rate of new IEs surged…
After a two-year hiatus, rice imports from India have resumed through the Benapole port. Three trucks loaded with 105 tonnes (105,000 kg) of non-basmati rice, imported by Mahabubul Alam Food Products from Jashore, entered the transshipment yard at the port on Sunday night, said Sajib Nazir, Deputy Director (Traffic) of Benapole Port, reports UNB. Customs…
Saidov joined his counterparts from Azerbaijan, Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Turkmenistan to discuss key issues for strengthening cooperation between the member states. In a statement on his Telegram channel, Saidov highlighted the discussions, emphasizing the historical ties that unite the CIS countries. “These long-standing relationships serve as a solid foundation for our…
This data comes from an analysis conducted by the Anti-Corruption Agency, based on information disclosed by the State Tax and Customs Committees regarding the utilization of tax and customs incentives for the first six months of 2024. According to the findings, the total value of tax and customs incentives during this period reached 63.4 trillion UZS, significantly…
Tashkent, Uzbekistan On 19 September 2024, President Shavkat Mirziyoyev was briefed on the implementation of reforms in the agricultural sector. Uzbekistan is actively harnessing the potential of its agricultural sector, focusing on cotton cultivation, horticulture, greenhouse farming, and food processing. These areas are undergoing reforms aimed at increasing productivity and economic efficiency. Cotton cultivation spans…