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Uzbekistan Senate Approves Tax Breaks to Boost Jewelry and Sanatorium Sectors

  • Senate approved draft law on tax breaks and regulatory reductions in certain sectors of the economy
  • Proposed amendments to Tax Code focus on jewelry and sanatorium sectors
  • Precious stones imported for jewelry production exempt from VAT
  • Children’s health camps can operate as homes and recreation areas beyond holidays
  • Profits from children’s camps exempt from taxation
  • Houses and recreation areas associated with children’s camps exempt from mandatory certification requirements
  • President Mirziyoyev emphasizes importance of supporting jewelry industry in Uzbekistan

Source: daryo.uz

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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