Starting January 1, 2026, self-employed citizens and sole proprietors with an annual income of up to 1 billion Uzbek soums ($78,700) will be subject to a turnover tax rate of 1 percent. According to the press service of President Shavkat Mirziyoyev, the head of state approved the initiative and signed the relevant resolution.
Currently, entrepreneurs with an annual turnover between 100 million soums and 1 billion soums are entitled to pay turnover tax at a rate of 4 percent. Beginning next year, the rate will be reduced.
The changes also introduce other measures. Sole proprietors and the self-employed engaged in retail trade will be required to have a special QR code to accept electronic payments. In addition, data on cash flows recorded on a digital platform will be considered when deciding whether to issue a loan.
At a meeting on creating favorable conditions for business, it was noted that the development of this sector plays a key role in ensuring employment and improving quality of life. The country has been continuously simplifying business regulations, largely through the introduction of digital technologies.
To that end, a special legal framework for sole proprietors and the self-employed will be introduced and remain in effect until the end of 2030. Plans call for the creation of an integrated platform that will combine all core services—from state registration to filing reports.
Through this platform, users will be able to:
✅ register their business activities;
✅ open and manage bank accounts;
✅ calculate and pay taxes;
✅ process payments and issue fiscal receipts.
The system will also allow entrepreneurs to open e-wallets to receive income, make payments to employees, contractors, and organizations, transfer funds as taxes, and more. For those with an e-wallet, opening a bank account will be optional.
Starting November 1 of this year, QR codes and tap-to-pay technology will be actively introduced into business processes. Documents will be able to be signed without an electronic key, using remote biometrics and SMS notifications. Such data will be legally equivalent to information on paper. A pilot program will also introduce daily payments, enabling employers to pay workers via e-wallet.
