IT Park Uzbekistan residency: who qualifies and what the incentives are

The Technological Park of Software and Information Technologies (IT Park) is a support regime for IT companies in the Republic of Uzbekistan, not a physical campus. A resident works from any city in the country and keeps the incentives at its place of registration.

The operating rules, the resident register and the application of incentives are set by Cabinet of Ministers Resolution No. 589 of 15.07.2019. That act, in its current version on lex.uz, settles any disputed question about the status.

What does IT Park residency actually give you?

Residency in the Republic of Uzbekistan replaces the normal tax profile of an IT company with a much lighter one. The table compares a resident against the general regime on the rates that drive the bill.

The incentives are time-limited, and the numeric rates are deliberately not quoted here. Because payroll is the main cost line for a software company, the social tax and personal income tax lines usually move the result more than the profit tax does. Run your own figures through the tax burden calculator, which reads every rate from a single file with the article number and the verification date.

A resident also pays a contribution to the technopark directorate. That contribution is being moved to a differentiated scale, so its size is checked against the current version of Resolution No. 589 of 15.07.2019 and is not quoted here.

Who can become an IT Park resident in Uzbekistan?

A resident is a legal entity of the Republic of Uzbekistan whose main activity appears in the list in Annex 2 to Cabinet of Ministers Resolution No. 589 of 15.07.2019. A sole trader and a foreign company without local registration cannot apply.

The list covers software design, development and implementation for any platform including games, software support and training, database creation and maintenance, automated management systems, technical and cryptographic information protection, multimedia and design, animation production, IT venture financing, esports and IT education.

The list is revised and individual areas have been removed from it. Payment organisations, payment system operators, marketplaces and microfinance organisations have been restricted in different periods, so the current version is worth reading before you build a plan on the incentives. The eligibility quiz walks through the same questions the directorate asks.

How do you apply for residency?

The application is filed by a company that already exists. If there is no entity yet, the sequence starts with company registration for a foreign founder.

1. Align the OKED codes with the actual activity and with the subject of client contracts. A mismatch between the code, the charter and the contracts is the most common reason for refusal.
2. Prepare a product or service description that shows the link to software development or IT services.
3. Prepare an economically justified business plan for the declared activity — it is part of the candidate requirements.
4. Attach staffing and contract data showing the work is performed in-house rather than fully subcontracted.
5. File with the directorate of the Technological Park of Software and Information Technologies (IT Park) and follow the review to a decision.
6. Reconfigure accounting after the status is granted: the regime applies from the date in the decision, not from the filing date.

How does a resident keep the status?

The status rests on continued compliance, and compliance is checked. Losing it means recalculating taxes under the general rules for the period concerned.

• Watch the revenue mix. Income from activities outside the list is taxed normally, and a large share of it puts the whole status in question.
• File the annual resident report. Failure to report is itself grounds for revoking the status under Resolution No. 589 of 15.07.2019.
• Keep contracts and acceptance acts with foreign clients in order. They evidence both the incentive and the legitimacy of the currency proceeds.
• Employ developers under labour contracts. The reduced personal income tax applies to employees of a resident; moving the whole team to civil law contracts removes the effect.
• Track changes to the activity list. Removing an area from the list ends the incentive for companies built on it.

Does residency change currency control obligations?

No. A resident of the Technological Park of Software and Information Technologies (IT Park) remains subject to the currency legislation of the Republic of Uzbekistan. An export contract is registered with an authorised bank once the threshold is reached, and proceeds are repatriated within the statutory period.

Presidential Resolution No. PP-87 of 26.02.2024 adds support measures for exporters of digitalisation services, but it does not replace the bank registration and repatriation duties.