News

Uzbek Cocoon Farmers Exempted from Income Tax

Photo: Unsplash

Uzbekistan will exempt entrepreneurs engaged in silkworm cocoon farming at home from income tax, according to the Ministry of Justice.

Income from this activity will remain tax-free until 2026. Additionally, social tax exemptions apply to payments for home-based workers.

Land with mulberry plantations will benefit from a reduced coefficient of 0.1 when calculating land tax.