60%
are under 30 years old
Serving as a pivotal gateway to global markets, Uzbekistan has a strategic location in the heart of Eurasia. With one of the fastest-growing economies in Central Asia, the country boasts a 6% GDP growth rate and ranks 8th in the World Bank's "Starting a Business" index.
In recent years, the Government of Uzbekistan has made significant strides in improving the business environment and infrastructure as well as creating high-qualified talent pool.
More than 2,000 member companies already benefit from the special tax regime, along with full government support for doing business.
are under 30 years old
working-age population
internet users
with visa-free regime
internet coverage
internet users
direct flights
in the lowest mobile internet cost ranking
Average age
School graduates
IT universities
Annually university graduates
Universities
Annual IT university graduates
English speakers
Turkish speakers
German speakers
Arabic speakers
Korean speakers
Chinese speakers
Increase
Increase
Increase
The government offers tax benefits and exemptions to companies operating in IT parks. These include exemptions from value-added tax (VAT), corporate taxes, decrease in personal income tax.
For service-oriented companies, this regime is eligible until 2040.
This conditions are designed to help outsourcing companies to grow without high operating costs and focus on business needs only.
To be obtain these incentives, a company has to be export-oriented and join IT Park as member. IT Park provides with full support while launching operations, providing you with smooth start within 6-8 weeks.
Granting IT Park member status to international service companies that:
Implementation of a startup project financing system based on best practices
Attracting reputable financial institutions to provide banking services
Application of the taxation system for IT Park members
Implementation of international standards for copyright protection and processing of personal data of foreign citizens
Improvement of the procedure for implementing labor relations
Resolution of financial and economic disputes based on international arbitration