Uzbekistan legislative changes in 2026: what business needs to know

Tax and labour legislation in the Republic of Uzbekistan is revised in two waves: a large package in December for the new year, and targeted decrees during the year. In 2026 the targeted decree mattered more than the December package.

This is the pillar page of the cluster. It sets out the changes already in force as at 8 August 2026 and those that take effect from 2027 and require decisions now.

In brief: what changed in 2026

• The general-regime threshold rose roughly fivefold — from 1 billion soum to 12,000 times the base calculation value from 1 June 2026.
• A simplified 6% VAT option appeared for catering, retail and services with 0% profit tax — voluntary, from 1 June 2026 to 1 January 2030.
• Headline rates were kept: profit tax 15%, VAT 12%, personal income tax 12%, social tax 12%, turnover tax up to 4%, property tax on legal entities 1.5%.
• Fixed annual turnover tax amounts were abolished; individual entrepreneurs and self-employed persons with turnover up to 1 billion soum pay 1%.
• Marketplace sellers were brought to standard rates: profit tax rose from 10% to 15% and turnover tax from 3% to 4%.
• Non-resident dividend taxation changed — tax already paid by the company on dividends it received is taken into account.
• Tax administration was softened: automated unblocking of accounts, self-correction of breaches without audits, and automatic VAT refunds from 2027.
• Accounting outsourcing costs will be deductible at twice the actual amount for small business from 1 January 2027.

What did Decree No. UP-100 of 26.05.2026 change?

Presidential Decree of the Republic of Uzbekistan No. UP-100 of 26.05.2026 on creating more favourable economic and administrative conditions for the development of small business is the most significant document of the year for small and medium-sized companies.

From 1 June 2026 the income threshold for moving to the general taxation regime is set at 12,000 times the base calculation value. The threshold is tied to a multiple of the BRV rather than to a fixed sum, so it rises automatically whenever the BRV rises.

From 1 June 2026 to 1 January 2030, businesses whose main activity is catering, retail or services may voluntarily elect a simplified VAT procedure: 6% on all sales turnover, 0% profit tax with the corresponding reporting obligation removed, and no credit for input VAT.

Until 1 January 2028, small business entities may correct the consequences of tax breaches identified by the automated risk assessment programme themselves. A tax audit is not conducted where the risk amount is up to 500 million soum, and an on-site tax inspection is not conducted where it is up to 100 million soum.

What changed in taxes from 1 January 2026?

The amendments were introduced by Law of the Republic of Uzbekistan No. ZRU-1108 of 25.12.2025, adopted in connection with the tax and budget policy directions for 2026. Headline rates were left at their previous levels.

The option to pay turnover tax at fixed annual amounts was abolished: the tax is calculated by the general formula from total income. For individual entrepreneurs and self-employed persons with annual turnover up to 1 billion soum, the turnover tax rate is set at 1%.

Taxation of sales on electronic trading platforms was aligned with standard rates: profit tax rose from 10% to 15% and turnover tax from 3% to 4%. At the same time, relief was introduced for first-time entrants: turnover taxpayers that moved to VAT and profit tax from 1 January 2026 are exempt from profit tax for one year, except on dividends and interest; the relief does not apply to reorganised enterprises.

The taxation of non-resident dividends changed: from 2026, tax already paid by the company on dividends received from other legal entities of the Republic of Uzbekistan is taken into account. Rates and procedure are covered in the taxes cluster.

What changed in payroll, HR and accounting?

Presidential Decree of the Republic of Uzbekistan No. UP-115 of 23.06.2026 raised wages, pensions, stipends and benefits — some figures from 1 July and some from 1 September 2026. Because state duties, fees and tax thresholds are pegged to the base calculation value, the current figure is checked as at the calculation date.

From 1 July 2026 the treatment of temporary incapacity changed: the employer pays for five days of the first sick leave in the year and the state budget covers the remainder. Benefit calculation rules were revised alongside it.

The Labour Code of the Republic of Uzbekistan was amended by Law No. ZRU-1101 of 09.12.2025, effective 1 January 2026, and by Law No. ZRU-1109 of 30.12.2025; a further package under Law No. ZRU-1150 of 11.06.2026 takes effect in September 2026. Practical consequences for HR records are covered in the HR, payroll and hiring cluster.

In accounting, work began on new national financial reporting standards intended to replace the current national accounting standards. The transition timeline and the list of obliged entities are still being settled — follow the published acts and do not change the accounting policy in advance.

Who is affected first?

The same change lands differently depending on cost structure. The groups below need a decision during 2026 rather than later.

• Companies with turnover between 1 and 5 billion soum. Previously forced onto the general regime, they may now stay on turnover tax. A recalculation before year-end is worthwhile.
• Catering, retail and services. There is now a choice between standard 12% VAT with credit and simplified 6% without. The decision comes from a calculation, not from the size of the rate.
• Marketplace sellers. Rates were aligned with the standard ones and the burden rose, so pricing models need review.
• Individual entrepreneurs and self-employed persons. Fixed annual amounts were abolished and tax is calculated from income.
• Companies with foreign founders. The calculation of non-resident dividend tax changed, so profit distribution planning should be redone.
• Small businesses using outsourced accounting. The double deduction from 2027 changes the economics of in-house versus external bookkeeping.

What to do before the end of 2026

1. Recalculate the tax burden against the new 12,000 BRV threshold and decide whether to stay on turnover tax.
2. For catering, retail and services, measure the share of input VAT and compare both regimes before filing the notification for the simplified procedure.
3. Check whether rates and thresholds pegged to the base calculation value have moved after the increases effective 1 September 2026.
4. Update sick pay calculations for the arrangement in force since 1 July 2026.
5. Revisit the dividend distribution plan for foreign founders under the new calculation rules.
6. Build the 2027 double deduction for accounting costs and the automatic VAT refund into next year's budget.

What comes next

There are many changes in 2026, and most of them call for action rather than awareness: recalculating a regime, amending an accounting policy, updating contract templates. The effective date matters here more than the wording of the rule.

TheBux tracks legislative changes in the Republic of Uzbekistan and reconfigures client accounting for the new rules — the scope is set out on the service page.