Uzbekistan IT Park for Foreign Companies: 0% Corporate Tax to 2040, 7.5% Staff Income Tax, the 1% Fee and Export Ratchet to 50% by 2028, the 5% Dividend Rate for Foreign Founders, the IT Visa, Zero Risk Program, Remote Banking, and How a Pakistani Software House Qualifies

Estimated reading time: 11 minutes

Uzbekistan IT Park for foreign companies has become the most concrete reason for a Pakistani software house to set up in Central Asia: a near-zero corporate tax regime extended to 2040, low staff taxes, a dedicated visa, remote banking and a state that actively courts exporters. It is also a regime with strings, because the government has tied the benefits to export performance and revokes residency from companies that do not deliver. This guide sets out the benefits, the conditions, the process and a plan.

It is general information drawn from EY, PwC, Mondaq and Uzbek legal sources, not tax or legal advice; the decrees change and IT Park’s administration should confirm the current rules. Read it with our Uzbekistan business setup guide and Uzbekistan tax guide.

What IT Park is

IT Park functions as a specialised technology special economic zone offering residents exemptions from corporate and personal income tax, VAT and customs duties, in some cases until 2040, aimed at export-oriented IT services and outsourcing, per Lexminster. It has more than 3,000 resident companies and a headquarters facility in Tashkent, per IT Park’s German representation, and residents exported USD 344 million of services in 2023, over 40% to the United States and a quarter to the UK and EU, per bne IntelliNews. Residency is a status, not a location; a resident can operate anywhere in Uzbekistan.

The tax benefits

IT Park resident status exempts a company from all corporate taxes (0% instead of the standard 7.5–15% income tax), from social tax (0% instead of 12%), and reduces personal income tax for resident employees to 7.5% against the standard 12%; VAT on imported services for a resident’s needs has been abolished; residents are exempt from all major taxes and mandatory deductions except the reduced 7.5% income tax on staff, per Mondaq. Customs benefits on IT equipment imports apply. In place of tax, residents pay an administration fee of 1% of revenue to the park.

The 1% fee and the export ratchet

From 1 October 2024 large residents must ensure exports account for at least 10% of income, rising to 20% in 2026, 35% in 2027 and 50% in 2028; companies missing the targets contribute to small-IT export initiatives with their fee increased by 1%, per bne IntelliNews. Legal commentary confirms that to keep the 1% fee residents must reach 20% exports by 2026 and 35% by 2027, per LegalAct. For a Pakistani company whose clients are in the Gulf, UK, US or Pakistan itself, the export share is naturally high; a company serving the Uzbek domestic market will find the regime narrowing.

Benefits to 2040

A presidential decree extended the existing tax and customs benefits for residents, excluding VAT, from 1 January 2028 to 1 January 2040, for legal entities whose export income exceeds 50% of total income, and for IT education providers whose graduates are largely employed by exporting residents, per EY. After 1 January 2028 a resident is exempt from all taxes except VAT if exports exceed 50% of revenue, per Tax-Legal.uz. In short: until 2028 the benefits are broad; from 2028 to 2040 they belong to exporters.

The 5% dividend rate for foreign founders

From 1 February 2025 to 1 January 2040, non-resident founders of IT Park residents are eligible for a reduced dividend tax rate of 5% where more than 50% of the resident’s income is from exports, per EY; this is the rate otherwise reserved for Uzbek tax residents, per Tax-Legal.uz. For a Pakistani owner this is the number that matters: 0% at company level and 5% on dividends out, if the company exports.

Who qualifies

Residency requires engaging in IT-related activities, investing in IT projects and infrastructure, creating jobs for local specialists, and complying with Uzbek law, per YB Case. Qualifying activities include software development, IT outsourcing and BPO, SaaS, data processing, IT consulting, hardware and software design, and IT education; residents may also offer foreign-language training alongside English in the education context, per EY. The company must be an Uzbek legal entity; a foreign parent registers an LLC and applies.

How to become a resident

1. Register an Uzbek LLC with an IT activity profile, remotely or in person; see our setup guide.
2. Prepare a business plan showing the IT activity, staffing, export orientation and revenue projections.
3. Apply to IT Park through its portal at outsource.gov.uz with the charter, registration certificate, business plan and founder documents.
4. Residency is granted on review; the 1% fee and reporting obligations begin.
5. File quarterly reports on activity, staff and exports; maintain the declared IT activity.

Expedited company registration is among the benefits, per YB Case; from application to residency typically takes two to six weeks.

The IT visa

Uzbekistan’s IT visa is available to founders and representatives of foreign companies that own resident companies, to their employees, and to investors who agree to invest at least USD 10,000 in a resident, per YB Case. It gives a Pakistani founder a cleaner route to presence and work than the general work permit chain described in our work permit guide; apply through IT Park once residency is granted. From 2026 Uzbekistan is also introducing a special regime exempting foreign citizens’ foreign-source income from personal income tax, per LegalAct.

Remote banking and E-kontract

Remote account opening via Face ID is now available for foreign specialists and founders, and since May 2025 all foreign trade documentation must be managed through the unified E-kontract platform, per LegalAct. Export contracts, invoices and currency receipts flow through E-kontract; a Pakistani resident should set it up before the first client payment. See our bank account guide.

The Zero Risk program

The Zero Risk program operates in all regions except Tashkent city; a resident qualifies if its service exports exceed domestic sales, or it holds an export contract of at least USD 500,000, or its foreign parent has annual turnover of at least USD 1 million; benefits include free use of empty state premises for up to 12 months and other support, with applications at zerorisk.outsource.gov.uz, per Tax-Legal.uz. For a Pakistani company willing to base a delivery centre in Samarkand, Bukhara or the Fergana Valley, it removes the first year’s rent.

The USD 10 million exemption for foreign service providers

From 1 February 2025 to 1 January 2030, foreign companies from countries without a double taxation agreement with Uzbekistan are exempt from Uzbek corporate income tax on IT services, including royalties, provided to a resident that achieves over USD 10 million of export services in the calendar year, per EY and PwC. Pakistan has a treaty with Uzbekistan, so a Pakistani parent relies on treaty rates rather than this exemption; it matters for structures involving non-treaty jurisdictions.

Losing residency

To retain benefits a company must conduct the declared IT activity; in 2024 more than 200 companies lost resident status for non-compliance, per Mondaq. Trading, consultancy or education dressed up as IT will be found out at the quarterly report. Keep the activity genuine, the exports documented and the staff on payroll.

IT Park vs Kyrgyzstan HTP vs Astana Hub

• IT Park (Uzbekistan): 0% CIT, 0% social tax, 7.5% PIT, 1% fee, export ratchet, benefits to 2040, 5% foreign-founder dividends, IT visa, Zero Risk; 37-million domestic market; no EAEU.
• HTP (Kyrgyzstan): small percentage of revenue, exemptions from profit tax, VAT and sales tax; remote company registration; EAEU access; smaller talent pool; see our Kyrgyzstan tax guide.
• Astana Hub (Kazakhstan): tax exemptions for tech residents, a larger economy, EAEU access, the C5 founder visa hurdle; see our Kazakhstan tax guide.

For a Pakistani exporter of software services, IT Park’s package is the deepest and longest; HTP wins on setup simplicity and EAEU reach.

A plan for a Pakistani software house

1. Confirm that more than half your revenue will come from clients outside Uzbekistan; if so, the regime fits.
2. Register an Uzbek LLC with an IT profile; appoint an interim local director if needed.
3. Apply for IT Park residency with a business plan built around export contracts.
4. Open the bank account remotely via Face ID; set up E-kontract.
5. Obtain IT visas for the founder and key Pakistani staff; hire local developers at 7.5% PIT.
6. Consider Zero Risk premises outside Tashkent for a delivery centre.
7. File quarterly; track the export share against the 20%, 35% and 50% ratchet.
8. Distribute dividends at 5% under the export condition; claim treaty rates with an FBR certificate where relevant.

Bottom line

Uzbekistan IT Park for foreign companies gives a Pakistani software exporter 0% corporate tax, 7.5% staff tax, a 1% fee, 5% dividends and an IT visa, guaranteed to 2040 for companies that export more than half their revenue, with remote banking and free regional premises on top. Qualify on genuine IT activity, build the plan around export contracts, track the ratchet, and treat the quarterly report as the price of the regime.