Foreign universities receive tax benefits until 2023

Askar Yakubov · 15:48, 31.12.2017 · Updated 19:16 · 530 views

Tashkent, Uzbekistan (UzDaily.uz) -- 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.

Askar Yakubov

Askar Yakubov is a professional photojournalist with extensive experience in news and reportage photography. He specializes in fast-paced coverage of social, political, cultural, international, business, and community events, with a sharp eye for capturing expressive shots and conveying the atmosphere of an event under tight time constraints. His skill set spans reportage, portrait, and documentary photography, along with image editing and color correction, and preparing photo materials for media and digital platforms. He is known for his professionalism, adherence to editorial standards, and ability to work both independently and as part of a shooting team.