Tashkent, Uzbekistan (UzDaily.com) -- The Law "On amendments and additions to the Tax Code of the Republic of Uzbekistan" was signed by the President of Uzbekistan.

The additions made set the deadlines for granting income tax benefits to participants in special economic zones. According to the law, when exempted from income tax, their grace period depends on the size of the investment:

for investments from US$3 million to US$5 million - 3 years;

for investments from US$5 million to US$15 million - 5 years;

for investments from US$15 million and more - 10 years.

The specified terms are calculated from the date of acceptance of the production facility into operation.

The law comes into force from the day of its official publication.