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…
Read Article
President of Uzbekistan Shavkat Mirziyoyev departed for the United Arab Emirates (UAE) on an official visit, upon the invitation of UAE President Sheikh Mohammed bin Zayed Al Nahyan. During his visit, high-level negotiations will take place in Abu Dhabi, along with meetings with leaders of key organizations, companies, and financial institutions in the country. Additionally,…
As millions of Americans head to the polls on November 5 to vote for either Democratic Vice President Kamala Harris or her Republican rival Donald Trump, apparel business communities in Bangladesh, more than 13,119 kilometres away from Washington, will be watching the results of the presidential election closely. The reason is largely related to trade,…
A delegation of the European Union in Uzbekistan and the United Nations Development Programme visited innovation groups in the Fergana region, which focus on advanced agricultural and aquaculture practices, the UNDP press service said. The delegation included EU Ambassador to Uzbekistan Toivo Klaar, UNDP Resident Representative Akiko Fujii, as well as scientists, local farmers and…
Almost all apparel factories and accessory industries in the country resumed full-scale production on Thursday, hoping to meet shipment deadlines set by their buyers, which have already been delayed due to the recent unrest over the student movement. However, while some textile mills have resumed production, others remain concerned about potential security threats from unknown…