LAW OF THE REPUBLIC OF UZBEKISTAN

of November 15, 2024 No. ZRU-1000

About entering of amendments and changes into the Tax code of the Republic of Uzbekistan

Accepted by Legislative house on August 20, 2024

Approved by the Senate on October 23, 2024

Enhancement of tax administration is the major condition of the accelerated development of economy and improvement of investment appeal of the country.

For the purpose of social and economic development of our country, support of entrepreneurs and creation for them equal competitive conditions the accelerated reforms are performed, and also large-scale measures for further enhancement of tax administration are taken.

This Law to the Tax code of the Republic of Uzbekistan makes the additions and changes providing implementations of measures of encouragement for subjects of entrepreneurship with the high rating of stability. So, concerning subjects of entrepreneurship with the high rating of stability return of excessively paid amounts on taxes (except for the value added tax) is performed in three-day time, and concerning subjects of entrepreneurship of category "AAA" according to the Rating of stability of subjects of entrepreneurship tax audits are not carried out (except for the inspections which are carried out within criminal cases) and compensation of tax amounts on value added of this category of subjects of entrepreneurship is performed in one-day time without conducting checks.

This Law will serve creation of more favorable conditions and stimulation of the subjects of entrepreneurship who are timely paying taxes and performing activities according to requirements of the legislation.

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info