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Economy 29/04/2025 Senate approves tax incentives for businesses and poultry producers

Senate approves tax incentives for businesses and poultry producers

Tashkent, Uzbekistan (UzDaily.com) — At a plenary session, the Senate reviewed and approved the Law “On Amendments and Additions to Certain Legislative Acts of the Republic of Uzbekistan,” aimed at supporting entrepreneurship and protecting the population from counterfeit goods.

The law introduces changes to the Tax Code, including tax benefits to promote poultry farming, support children’s health camps, and improve the digital product labeling system.

In particular:

  • Until 1 January 2027, businesses engaged in the retail sale of labeled products will be allowed to reduce their tax liabilities by the amount spent on purchasing label-scanning devices (within four times the base calculation amount per device);
  • Until 1 January 2030, poultry producers will be exempt from land tax (excluding croplands);

The procedure for calculating and paying fees for the right to retail beer, beer-based beverages, and tobacco products has been clarified, with such trade now shifting to a notification-based registration process.

Senators emphasized that the adopted measures strengthen consumer protection, support the agricultural sector, and promote children’s well-being through the stimulation of health-focused institutions.

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