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Foreign universities receive tax benefits until 2023
Foreign universities receive tax benefits until 2023

Foreign universities receive tax benefits until 2023

Tashkent, Uzbekistan (UzDaily.com) -- The President of Uzbekistan Shavkat Mirziyoyev granted tax exemptions to foreign higher educational institutions accredited in the country.

On 29 December 2017, President of Uzbekistan Shavkat Mirziyoyev signed a resolution “On forecast of the main macroeconomic indicators and parameters of the State Budget of the Republic of Uzbekistan for 2018”.

According to the decree, until 1 January 2023, foreign universities are exempt from all types of taxes and mandatory contributions to state trust funds in the framework of their educational activities in Uzbekistan.

Also, the universities will not pay a single social payment and personal income tax in part of the labor fund of foreign workers.

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