Saturday, 23, November, 2024

The Anti-Corruption Agency has posted data on tax and customs benefits for businesses in Uzbekistan. According to the Anti-Corruption Agency, if in the first of 2024, state budget revenues topped 121 trillion soums, then the total size of benefits reached 63.4 trillion soums (in 2023 - 127.1 trillion).

Tax benefits worth of 39 trillion soums benefitted to 132 thousand organizations, of which the largest part is VAT - 32.1 trillion soums. 129.46 thousand companies took advantage of benefits worth of up to 1 billion soums, 2560 from 1 to 100 billion soums, 36 from 100 billion to 1 trillion soums, and 3 over 1 trillion soums.

Top 20 companies that received tax benefits (except for the banking and financial sector):

  • NMMC - 5.43 trillion soums;
  • AMMC - 1.28 trillion soums;
  • NBU - 1.27 trillion soums;
  • Uzbekistan Airways - 881.4 billion soums;
  • Coinpay (crypto exchange) - 642.7 billion soums;
  • Navoiyuran - 581.4 billion soums;
  • Uzbekistan Railways - 529.6 billion soums;
  • Asia Trans Gas (transports gas from Turkmenistan to China) — 453.7 billion soums;
  • UzAuto Motors — 281.8 billion soums;
  • Uz-Kor Gas Chemical (gas chemical complex) — 224.3 billion soums;
  • Kobea Group (UZNEX crypto exchange) — 218.7 billion soums;
  • EOPC (Uzcard) — 145.7 billion soums;
  • Uzbekistan Airports — 145.1 billion soums;
  • Grand Pharm Trade — 143.1 billion soums;
  • Uzbektelecom — 131.2 billion soums;
  • Tashkent International Kimyo University — 126.6 billion soums;
  • National Electric Grids — 121.4 billion soums;
  • ProCab — 117.8 billion soums;
  • Tashkent International Airport — 116.9 billion soums;
  • Air Products Netherlands Gases BV — 111.3 billion soums.

The size of customs benefits (duty, fee, excise tax and VAT) amounted to 24.4 trillion soums for 10,454 organizations. Benefits of 4.9 trillion soums were provided for projects of national importance, 91.3 billion soums — for individuals, 49.1 billion soums — for representative offices of foreign states and foreign diplomatic missions.

Top 20 by customs benefits:

  • UzGasTrade — 1.07 trillion soums;
  • Hamkorbank — 580.5 billion soums;
  • Mining and Ore Technologies of Central Asia — 438.6 billion soums;
  • Shamol Zarafshan Energy — 365.7 billion soums;
  • RWS Optimum — 353.6 billion soums;
  • AGMK — 344.3 billion soums;
  • Holos — 314.9 billion soums;
  • Uzbektelecom — 300.6 billion soums;
  • ACWA Power Dzhankeldy Wind — 277.1 billion soums;
  • BYD Uzbekistan Factory — 274.4 billion soums;
  • ACWA Power Bash Wind — 273.8 billion soums;
  • First Fruits — 269.8 billion soums;
  • Enter Engineering, Almalyk State Enterprise — 266.7 billion soums;
  • Panorama Airways — 240.2 billion soums;
  • Agrobank — 220.1 billion soums;
  • Enter Engineering, Baysun Gas Processing Plant — 203.9 billion soums;
  • Alliance Holding — 201.8 billion soums;
  • Uzbekistan Airways — 196 billion soums;
  • NBU — 189.6 billion soums;
  • ADM Jizzakh — 158.6 billion soums.

While, 4,630 companies received both tax and customs benefits worth 39.3 trillion soums.

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