Tashkent, Uzbekistan (UzDaily.com) -- President of Uzbekistan signed a law on introduction changes to the Tax Code.

Entrepreneurs providing retail and catering services, hotel services, passenger and freight transportation, vehicle repair and maintenance, computer services, household appliances repair, agro- and veterinary services, as well as services provided in entertainment centers - from 1 April 2022 to 1 January 2025 pay social tax at a tax rate of 1 percent.

From 1January 2022 to 1 January 2027, entrepreneurs of shopping complexes and hotels with an area of ​​​​more than 5 thousand square meters, depending on the land they occupy, have the right to:

apply a coefficient of 0.1 to tax rates for property and land tax;

when calculating income tax, to attribute the cost of such buildings to deductible expenses in the form of depreciation within 2 years.

Taxpayers who have established fish farming on the basis of cooperation are exempt from all taxes (except VAT and social tax) until 1 January 2025.

Taxpayers engaged in the procurement, storage, processing of leather, fur and wool raw materials, automated slaughter of livestock, production of wool, astrakhan and artificial leather products, leather goods, shoes are exempt from 1January  2023 to 1January 2026 for this activity from income tax, turnover tax and property tax.