Business Expenses

CUSTOMS PAYMENTS AND EXPORT PREFERENCES For Legal Entities

Conditions (operations) for applying preferences

Name of commodities, works and services

Types of preferences on paying customs payments and terms

FOR ENTERPRISES WITH FOREIGN INVESTMENTS

Imported raw, materials and half-finishedproducts (uppers) to use in their ownproduction


No VAT payments made


No customs payments made (excluding customs clearance duties) for an investment period since time of taking by an investor investment obligations

In importing technological equipment

 

 

Spare parts and components to technological equipment imported into the territory of the Republic of Uzbekistan on account of investment obligations of foreign investors for technical re-equipment and modernization of production

In importing goods by foreign legal entities known to have made direct investments into the economy of the Republic of Uzbekistan for a total sum of more than 50 million US dollars

No customs duties paid

Imported commodities given that they are the products of own production

In importing by a foreign investor or other entities known to have been participating in Product sharing agreement (PSA)

Imported commodities, works and services bound for the works on a Product sharing agreement in line with project documentation

Commodities exported by an investor belonging to him in line with a Product sharing agreement

No customs payment made, excluding customs clearance payments

Conditions (operations) for applyingpreferences

Name of commodities, works and services

Types of preferences on paying customs payments and terms

In importing property

Property imported into the Republic of Uzbekistan for own production needs by foreign investors and enterprises with foreign investments with share of foreign investments in the capital fund of no less than 33 percent

Property imported for personal needs by foreign investors and nationals of foreign states stationed in the Republic of Uzbekistan in line with labor contracts signed with foreign investors

No customs duties paid

 

 

 

Property imported as investment obligations in accordance with the treaty signed between an investor and authorized state body in charge of managing state property

Exemption from VAT

FOR ENTERPRISES IMPLEMENTING PROJECTS IN THE FRAMEWORK OF LOCALIZATION PROGRAM


 

Technological equipment and spare parts to it, as well as components not produced in Uzbekistan but used in technological process in the production of goods being localized, and imported by enterprises at which the projects in the framework of Localization project are implemented

made (excluding

No customs payments customs clearance duties)

Applicable until January 1, 2014 - for enterprises, in accordance with Annexes 1 and 2 to the Resolution of the President of the Republic of Uzbekistan PP 1590 of July 29, 2011.

FOR ENTERPRISES PRODUCING MEDICINAL AGENTS AND HEALTH PRODUCTS

No VAT payments made

In importing

Medicinal agents medical (veterinary) purpose goods, as well as raw imported in accordance with the list defined by law for production of medicinal agents and medical (veterinary) purpose goods. Such preference shall not be valid to imported finished medicinal agents which are also manufactured in the Republic of Uzbekistan in accordance with the list approved by the Cabinet of Ministers of the Republic of Uzbekistan.

FOR ENTERPRISES OF VARIOUS BRANCHES OF ECONOMY

The enterprises of textile industry, in accordance with the list for imported technological and auxiliary equipment for own needs, technological fitment and spare parts determined by decisions of the Cabinet of Ministers based on the conclusion of the Interagency expert council on the approved projects

made (excluding

No customs payments customs clearance duties)

Starting from November 13, 2006

made (excluding

No customs payments customs clearance duties)

 

Companies importing mini-technologies and compact equipment for agriculture with an aim to participate in trade fairs


Conditions (operations) for applying preferences

Name of commodities, works and services

Types of preferences on paying customs payments and terms

Economic entities importing into the territory of Uzbekistan the spare parts and components to installed technological equipment based on the list approved by the Cabinet of Ministers

No customs payments made (excluding customs clearance duties)

Until January 1, 2016

Timber and wood

No VAT and customs duties paid

In importing

Imported goods made on commission, materials and components to manufacture products subject to exports

Exempted from customs duty

In importing

Vehicles carrying out international transportation of cargo, luggage and passengers, as well as the items of logistics and equipment, fuel, foodstuff and other property necessary for their normal operation during travel, at the temporary stationing places, or those acquired abroad to repair crash (breakdown) of these vehicles

No customs payment made

 

 

 

Currency of the Republic of Uzbekistan, foreign currency (apart from used for numismatic purposes), as well as securities in line with law

 

 

Commodities produced and imported from states with which the free trade regime is in place

No customs payment made

In importing

Commodities imported for advertising and presentations

 

 

Technological equipment imported into the territory of the Republic of Uzbekistan on the established list, as well as components and spare parts given that their supplies is envisaged by provisions of contract for the delivery of technological equipment

No VAT and customs duties paid

 

Financial services

 

 

Insurance services carried out by professional participants of the market of insurance services, joint insurance and re-insurance

No VAT payments made

In importing

For physical entities in importing commodities

 

Name of imported commodities

No VA and customs duties paid

No VAT payments made No customs clearance duties paid

No customs duties paid

No customsduties paid

No excise tax payments made

 

 

 

Types of preferences on customs payments

Timber and wood according to the list defined by law

Commodities imported in the limits of duty free import norms approved by customs law

Commodities transported by physical entities and not aimed for production or another commercial activity in accordance with customs legislation

Commodities imported by physical entities for own needs from non-neighboring states, worth up to 1000 US dollars

Excisable goods imported by physical entities in the established limits

About "UZINFOINVEST"Agency

UZINFOINVEST, the Information Support and Foreign Investments Promotion Agency at the Ministry of Foreign Economic Relations, Investments and Trade was established in 2007.

The main goals of the Agency's activity are as follows:

-        Further enhancement of process of foreign and domestic direct investments attraction;

-        Broader disseminations abroad of information about investment opportunities in Uzbekistan;

-        I nformation support of the foreign investors, providing them with information about prospective projects, legislation regulating investment activity, including provided incentives and preferences for investment projects implementation in the Republic of Uzbekistan;

-        Organization in line with established order of meetings and negotiations between foreign investors and domestic businesses for implementation of mutually beneficial projects;

-        Forming and supporting positive international image of Uzbekistan by carrying out promotional events abroad (exhibitions, forums, presentations, conferences and workshops), publishing special literature and creating special informational web-site.

The Agency website www.uzinfoinvest.uz is there to inform the foreign businesses about the economic and resource potential of the country. It offers the information about investment projects, customs and tax preferences. Surfing the "hotline" of the website the web visitors may learn about investment and foreign economic activity in Uzbekistan.

MFERITMEDEF InternationalInternational Business CenterGov.uzPress ServiceOliy MajlisUzASARIO