Information about Uzbekistan Minimum wage and taxes.
Information about minimum wage and taxes in Uzbekistan is as follows: Minimum Wage: As of 2021, the minimum wage in Uzbekistan has been determined as 734,000 Uzbek Som (O'zbek so'mi), an increase of
1.7% compared to 2020. This wage represents the minimum wage that a full-time worker should receive for a month. Taxes: The tax system in Uzbekistan has a complex structure. There are various taxes such as income tax, corporate tax, value added tax and other types of taxes. The income tax rate deducted from workers' wages varies depending on their income level. As the income level increases, the tax rate also increases. Tax rates in Uzbekistan generally vary between
7.5% and 22%. Additionally, employers in Uzbekistan also make deductions from their employees' wages and pay social insurance premiums. While these premiums are paid by employers, some of them are paid by deducting them from the workers' wages. The social security premium rate varies depending on wages. In Uzbekistan, the tax system and minimum wage regulations may be updated from time to time. Therefore, it is important to confirm the most up-to-date information from official tax and labor authority websites or authorities.
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