Uzbek Farmers to Benefit from VAT Exemption on Agricultural Products Starting 2026

• From January 1, 2026, agricultural entities in Uzbekistan will be exempt from VAT on their products.
• This change will directly benefit over 48,000 farmers.
• Profitability is expected to increase from 5-7 percent to 15 percent.
• The list of VAT-exempt products will be announced annually.
• The decision was made during a meeting with President Shavkat Mirziyoyev.
• The exemption will reduce tax burdens and encourage new agricultural systems.
• Additional funds will be available for development, leading to significant changes in agriculture.
• The goal for the current year is to produce goods worth 517 trillion soums.

Source: kun.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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