Business entities are divided into categories, in Uzbekistan

A decree of the President of the Republic of Uzbekistan Shavkat Mirziyoyev "On criteria for categorizing business entities and measures to further improve tax policy and tax administration" was adopted.

With the document, business entities are divided into categories based on the following criteria:

small business entities:

• individual entrepreneurs;
• micro-firms - business entities whose founders (participants) are natural persons and whose total income during the calendar year is up to 1 billion soms;
• small enterprises - business entities whose total income is from 1 billion soms to 10 billion soms during the calendar year and whose founders (participants) are legal entities in the third paragraph of this subsection;
• medium-sized business entities - business entities whose total income is from 10 billion soms to 100 billion soms during the calendar year;
• large business entities - business entities with a total income of 100 billion soms, or more during the calendar year.
Also, from 1 April 2023, by decree:
• up to 50 percent of property insurance costs are reimbursed once a year to medium-sized business entities from the state fund for business support, but no more than 20 times of BHM;
• a 20 percent quota will be introduced in state procurement for business entities with a total income of not less than 10 billion soms, and 50 percent advance payment will be provided in contracts concluded with budget customers within the scope of these procurements.
In this case, tax authorities will form information on business entities with a total income of more than 10 billion soms and provide information exchange with a special information portal;
• the amount of VAT is not taken into account when selecting the best offers in public procurement and evaluating the offers of participants in tenders;
• the procedure for covering up to 6% of the export value of the expenses related to the production of products and their sale to the foreign market of enterprises exporting high-added-value copper products will be canceled.