Uzbekistan's Ministry of Economy and Finance proposes abolishing social tax benefits from 2030

According to the ministry, thousands of enterprises currently pay social tax at a reduced rate of 1% or are entirely exempt from it, compared to the base rate of 12%. In 2025, 65 thousand enterprises took advantage of the benefits, with the total volume of state support amounting to 3.2 trillion soums. The ministry stressed that such relief reduces companies' current expenses, but leaves the state's pension obligations to their employees intact.

In this regard, the Ministry of Economy and Finance took the initiative to introduce a unified social tax rate for all categories of employers. Business support itself is planned to be transitioned to a direct state budget subsidy model instead of tax preferences.

Receipts from this tax are directed straight to the Pension Fund, whose own revenues currently do not cover the costs of payments to pensioners. The ministry anticipates that the transition to a unified rate will replenish the fund's budget and reduce the volume of subsidies from the state treasury.