Reporting in IT Park and Cyber Park in Uzbekistan
Especially for IT Park and Cyber Park residents, the Azma Finance service is engaged in the formation and submission of a correct report from the company to avoid problems during verification.
Advantages and benefits for residents of IT Park and Cyber Park.
Becoming a resident of IT Park or Cyber Park means obtaining a number of significant preferences and benefits that contribute to the development and successful business in the field of information technology.
- Tax benefitsExemption from income tax:
Residents are exempt from paying income tax, which allows them to reinvest the saved funds in the development of the company.
VAT exemption:
The operations carried out by residents are not subject to value-added tax, which reduces the financial burden on the business.
Exemption from customs duties:
When importing equipment and technologies necessary for their activities, residents are exempt from paying customs fees and taxes.
Reduced social tax rates:
Reduced social contributions allow for the optimization of personnel costs. - Simplified currency regulationFree foreign currency transactions:
Residents can freely carry out transactions in foreign currency without restrictions, which simplifies work with international clients and partners.
Opening accounts abroad:
The ability to open bank accounts in foreign banks to simplify international settlements. - Administrative SupportAssistance in obtaining permits:
Help with the processing of licenses, certificates, and other necessary documents for conducting business.
Consultative support:
Providing consultations on business operations, tax, and legal legislation.
Support in attracting investments:
Facilitating the search for and attraction of investors, participation in investment programs and grants. - Infrastructure benefitsAccess to modern office space:
The possibility of renting equipped office spaces on preferential terms in specialized technology parks.
High-speed Internet and communications:
Providing a stable and fast Internet connection necessary for the efficient operation of IT companies.
Access to educational and training programs:
Participation in seminars, master classes and trainings to improve the qualifications of employees. - Simplified procedures for hiring foreign specialistsAccelerated obtaining of working visas and permits:
It is easier and faster to draw up the necessary documents to attract foreign experts to the team.
Lack of quotas for attracting foreign labor:
The ability to hire the necessary number of foreign specialists without limitations. - Participation in state and international projectsAccess to government orders:
The opportunity to participate in tenders and state projects, expanding the portfolio of orders.
International cooperation:
Promotion of partnerships with foreign companies and access to international markets.
How to become a resident of IT Park and Cyber Park
Joining IT Park or Cyber Park opens up many opportunities for your company, including tax breaks, access to international markets, and administrative support. The process of obtaining resident status includes several key steps.
- 1Determination of compliance with the criteriaCompany type:
Your company should work in the field of information technology, develop or provide IT services and products.
Legal status:
The company must be registered as a legal entity in Uzbekistan (for example, LLC).
Innovative project:
Your activity should include innovative components such as developing new software, technological solutions or services. - 2Collection and submission of documentsFill out the application for resident status:
Prepare the necessary package of documents, including the company's charter, constituent documents, business plan and description of the project.
Business plan preparation:
Describe your project, including goals, objectives, expected results, and financial model.
Description of the innovation project:
Indicate how your project is innovative and how it will impact the development of the IT sphere in Uzbekistan. - 3Apply to the IT Park or Cyber Park directorateApply to the IT Park or Cyber Park directorate:
This can be done through an online platform or in person at the directorate office.
Resolution pending:
The application will be considered by a special commission, which will decide on the granting of the resident status. - 4Obtaining resident statusApproval of the application:
If the commission approves your application, you will be granted the status of an IT Park or Cyber Park resident.
Signing the agreement:
After approval, you will sign an agreement with the directorate of IT Park or Cyber Park, which will officially confirm your resident status. - 5Beginning of work with benefits and preferencesUse of tax benefits:
From the moment of obtaining the status, you can use all tax benefits and preferences provided to residents.
Access to infrastructure and support:
Get access to modern office space, educational programs, and administrative support.
Reporting types
Formation and submission of monthly reportsMonthly reporting on the company's activities in accordance with the requirements of IT Park and Cyber Park. Includes the provision of information in the established form approved by the Directorate.
Formation and submission of quarterly reportsQuarterly reporting on the company's financial and statistical indicators. Preparation and sending of documents in accordance with the established deadlines and standards.
Our tariffs
345 000 UZS
Reporting in IT Park
1 time a month
Providing information about their business in the form and terms approved by the Directorate, including copies of statistical and tax reports.
- Formation and submission of monthly reports;
- Formation and submission of quarterly reports.
*Applicable for IT companies and technology startups.
1 time a month
Providing information about their business in the form and terms approved by the Directorate, including copies of statistical and tax reports.
- Formation and submission of monthly reports;
- Formation and submission of quarterly reports.
*Applicable for IT companies and technology startups.
Connect service
345 000 UZS
Reporting in Cyber Park
1 time a month
Providing information about their business in the form and terms approved by the Directorate, including copies of statistical and tax reports.
- Formation and submission of monthly reports;
- Formation and submission of quarterly reports.
*Applicable for IT companies and technology startups.
1 time a month
Providing information about their business in the form and terms approved by the Directorate, including copies of statistical and tax reports.
- Formation and submission of monthly reports;
- Formation and submission of quarterly reports.
*Applicable for IT companies and technology startups.
Connect service
When to deliver
Monthly reports - Personnel reports (existence of employees working under employment contracts, changes in working conditions) - until the 15th day of the following month.
Quarterly reports - Submission of reports on the calculation and payment of social taxes - until the 20th day of the month following the reporting quarter.
Quarterly reports - Submission of reports on the calculation and payment of social taxes - until the 20th day of the month following the reporting quarter.
How to submit
In electronic form – Submitting reports via the State Tax Committee’s electronic services portal.
In written form – Delivering reports in person to the tax authority at the location of business registration.
In written form – Delivering reports in person to the tax authority at the location of business registration.
How to send reports through Azma?
After connecting to Azma Finance, you no longer need to worry about the correctness of filling out and submitting personnel reports on time. We guarantee the confidentiality and security of data, as well as provide advice on any issues related to personnel.
We'll help you:
We'll help you:
- To prepare and arrange all necessary documents.
- Ensure timely reporting.
- Receive support in difficult situations related to personnel.
Join Azma today
Registration will take only 3 minutes. Reports will be submitted automatically, taxes will be calculated without your participation, and you will also be able to create invoices, acts and invoices.
Services
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