June 20, 2023

The amount of social tax paid by individual entrepreneurs has decreased

On May 17, 2023, the Law “On amendments and additions to some legislative acts of the Republic of Uzbekistan aimed at reducing informal employment” No. LRU-847 came into force.

The amount of annual amount of social tax paid by individual entrepreneurs for individuals who are in labor relations with individual entrepreneurs (with the exception of those individual entrepreneurs who carry out their activities in shopping malls and markets) has decreased from 6 to 1 BCV (from 01.05.2023, the ammount of the basic calculated value is 330,000 soums).

Persons who own personal household plots of land, or their family members who are employed on such plots, or who carry out business activities in areas defined by law (animal husbandry, greenhouse farming, poultry farming, beekeeping, fish farming, gardening, as well as lemon cultivation), can pay social tax on a voluntary basis to calculate the length of service, regardless of the area the household land plot belonging to them or the number of domestic animals and birds they raise.