Category: Finance

20
MAY
10:12
Spain's largest bank is interested in developing cooperation with Uzbekistan
Finance

Spain's largest bank is interested in developing cooperation with Uzbekistan

Ambassador Farrukh Tursunov held talks with the Executive Director of Santander Bank Ignacio Saldivar at the Embassy of Uzbekistan.

01
MAY
09:14
Over 19 billion soums of VAT were returned to low-income families
Finance

Over 19 billion soums of VAT were returned to low-income families

Starting from May 1, 2023, individuals included in the Unified Register of Social Protection will receive a refund of VAT (social cashback) in the amount of 12% when purchasing cer...

24
APR
09:02
The Central Bank of Uzbekistan and Tencent Cloud International discussed the integration of WeChat Pay and QR payments
Finance

The Central Bank of Uzbekistan and Tencent Cloud International discussed the integration of WeChat Pay and QR payments

A meeting was held at the Central Bank with a delegation from Tencent Cloud International, part of one of China's largest technology companies, Tencent Holdings Ltd.

18
APR
14:43
A modern legislative framework on factoring will be created in Uzbekistan
Finance

A modern legislative framework on factoring will be created in Uzbekistan

The Law of the Republic of Uzbekistan (No. ZRU-1058 dated 04/17/2025) introduced amendments and additions to some legislative acts.

04
APR
09:56
Uzbekistan to strengthen control over money transfers in payment services
Finance

Uzbekistan to strengthen control over money transfers in payment services

All payment organizations are required to identify customers when registering new accounts in mobile applications.

02
APR
13:50
In March, inflation in Uzbekistan was 0.9%
Finance

In March, inflation in Uzbekistan was 0.9%

In Uzbekistan, consumer prices increased by 0.9% in March, with food and utilities accounting for the main increase. This is reported by the National Statistics Committee.

02
APR
12:36
A meeting of representatives of the Central Banks of the Republic of Uzbekistan and the Republic of Turkey was held in Ankara
Finance

A meeting of representatives of the Central Banks of the Republic of Uzbekistan and the Republic of Turkey was held in Ankara

During the meeting, the officials of the Central Bank of Turkey informed about the current practice of fraud prevention in payment systems, prevention of cybersecurity incidents an...

27
MAR
10:01
In Uzbekistan, all companies in the field of pharmaceuticals and medical services will become VAT payers
Finance

In Uzbekistan, all companies in the field of pharmaceuticals and medical services will become VAT payers

Starting from April 1, 2025, legal entities selling pharmaceutical products or providing medical services will be recognized as VAT payers regardless of their income.

26
MAR
10:05
The refinancing rate has changed in Uzbekistan: penalties for unpaid taxes have also been charged
Finance

The refinancing rate has changed in Uzbekistan: penalties for unpaid taxes have also been charged

If a taxpayer violates the tax payment deadline established by tax legislation, a penalty is charged for each day of delay as a percentage of the amount of unpaid tax.

24
MAR
11:12
April 1 is the last day of submitting the income declaration
Finance

April 1 is the last day of submitting the income declaration

Taxpayers submit a declaration of total annual income for the income specified in Article 393 of the Tax Code of the Republic of Uzbekistan no later than April 1 and pay the accrue...

13
MAR
12:04
The Central Bank of Uzbekistan postponed a meeting to review the main rate
Finance

The Central Bank of Uzbekistan postponed a meeting to review the main rate

The Central Bank of Uzbekistan has decided to postpone the date of the board meeting scheduled for March 13, 2025 to consider the base rate to March 20 of this year.

06
MAR
12:06
A ban on issuing loans without the knowledge of citizens is being introduced in Uzbekistan
Finance

A ban on issuing loans without the knowledge of citizens is being introduced in Uzbekistan

The President signed Law No. ZRU-1043 dated 03/04/2025 "On Amendments and Additions to the Law of the Republic of Uzbekistan "On the Exchange of Credit Information" aimed at furthe...