Accounting and tax reporting obligations for a company in Uzbekistan

6.1How reporting works

• Everything is electronic. Returns are filed in the company's cabinet at my.soliq.uz and signed with the director's or accountant's EDS key.
• E-invoices are mandatory for all businesses since 1 January 2020. Invoices go through an accredited operator (there are about 27, for example Didox and Faktura.uz). A paper invoice alone gives your buyer no VAT credit.
• Deadlines are monthly or quarterly, depending on the tax and the regime. The system fines late filings automatically; nobody calls first.
• Primary documents are kept in Uzbek or Russian. Contracts may be in English for your partners, but the accounting file needs a translation.

6.2What changed in 2026

The tax authority now pre-fills several returns: personal income tax, social tax, VAT, turnover tax, property and land tax. If you do nothing, the pre-filled return counts as filed. You still answer for its accuracy and have 5 working days to correct it.

Late-filing fines for the head of a company are 3 base values for micro and small firms, 10 base values for large ones and 1 base value for sole traders. If several returns are late in the same month, one fine applies.

6.3Annual statements and audit

Annual financial statements under national standards are due by 1 March of the following year.

An audit is always required for joint-stock companies, banks, insurers, investment funds and companies with a state share. Other commercial companies need one when they meet two of three tests: assets above 100,000 base values, revenue above 200,000 base values, more than 100 staff. A small newly registered LLC is not audited. The audit report, when required, goes to the tax authority by 15 June.

6.4Set up monthly bookkeeping from month one

1. 1

   Pick an accountant or firm before the first sale.

   The accountant needs access to the bank, the e-invoice operator and the tax cabinet.

2. 2

   Get an EDS key for whoever signs reports.

   Usually the director; the accountant can have their own key for filing.

3. 3

   File zero returns while there is no activity.

   A company with no sales still files. Zero reports are cheap; rebuilding a missed year is not.

4. 4

   Reconcile e-invoices and the bank every month.

   Some mistakes, like a supplier's missing e-invoice, cannot be fixed later.

   You get

   Books that are always ready for the bank, an investor or a tax check