Furthermore, for entrepreneurs operating in these areas in the sectors of shopping complexes (over 5,000 square meters) and hotel services, land and property tax rates will be reduced by 90% from January 1, 2027, to January 1, 2040.
Additionally, until January 1, 2028:
Property assets on the balance sheets of commercial banks in the Republic of Karakalpakstan will be revalued at market prices and sold directly with interest-free installment plans over 10 years.
A 25% discount on the contract value will be provided if full payment for the purchased property is made within 6 months.
