In short: in 2026 turnover-tax reporting moved from quarterly to monthly, an optional 6% simplified VAT was introduced for trade, catering and services, and the turnover-tax ceiling was raised to 12,000 BCU.
1. Turnover tax is now monthly
The turnover-tax reporting period changed from a quarter to a month: 12 returns a year instead of 4. The standard rate is 4%; sole proprietors and self-employed people with turnover under UZS 1 billion pay 1%; marketplace sellers pay 4%.
2. A new regime: 6% simplified VAT
From 1 June 2026 until 1 January 2030, businesses in trade, catering and services can opt into 6% VAT. Input VAT isn't credited, but buyers can still credit it. Corporate income tax is 0% and no CIT return is filed.
3. The threshold is now 12,000 BCU
The ceiling that forces a move from turnover tax to the general regime rose from UZS 1 billion to 12,000 BCU, so it now rises automatically whenever the BCU does.
4. Transition reliefs
- Businesses moving from turnover tax to CIT for the first time are exempt from CIT for one tax period (except on dividends and interest).
- Registering as a VAT payer within a year avoids late-registration penalties.
- Importers no longer become VAT payers automatically.
- Fixed personal income tax for sole proprietors was abolished.
What this means for you
For most small and mid-sized businesses, 2026 is the year to revisit your tax regime. Financify will model all three regimes on your numbers for free.