Entrepreneurs with High Stability Ratings Exempt from Tax Audits
Uzbekistan
Under a new law, entrepreneurs with high stability ratings will benefit from incentive measures. These changes aim to provide additional tax relief and convenience for business entities.
The amended Tax Code of Uzbekistan introduces the concept of a stability rating for business entities. Companies with high ratings will be able to refund overpaid taxes (excluding VAT) within three days. Additionally, businesses with an "AAA" rating will not undergo tax audits (except in criminal cases).
Such businesses will also be able to claim VAT refunds without tax audits within one day. This incentive system is designed to support the sustainable development of businesses and ensure compliance with legal standards.
The law creates more favorable conditions for entrepreneurs who pay their taxes on time, encouraging their growth and further strengthening their position in the market.
Such businesses will also be able to claim VAT refunds without tax audits within one day. This incentive system is designed to support the sustainable development of businesses and ensure compliance with legal standards.
The law creates more favorable conditions for entrepreneurs who pay their taxes on time, encouraging their growth and further strengthening their position in the market.
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