Independence day gift for entrepreneurs: new benefits introduced in the tourism sector
2026-08-29 17:25:00 / News
Under the document, commercial banks will provide loans in national currency for the construction and reconstruction of hotels for up to 10 years, with a grace period of up to 2 years, at an annual interest rate of 16 percent. Loans in foreign currency will also be available. At the same time, the interest expenses exceeding the SOFR, EURIBOR, or SHIBOR rates will be covered by the Entrepreneurship Development Company JSC.
To support the development of tourism infrastructure, the deadline for providing subsidies for the construction of three-, four-, and five-star hotels has been extended until January 1, 2029. In addition, when confirming a hotel’s star classification for the purpose of receiving a subsidy, an assessment by a foreign company is no longer required. For reference, over the past three years, 32 hotels that received star classifications have been built in the country, with more than UZS 156 billion paid to them in government subsidies.
The period during which a coefficient of 0.1 is applied to property and land taxes for hotels has been extended until January 1, 2030. A 90 percent reduction in land and property taxes for hotels, including tent and yurt camps, will remain in effect until January 1, 2030, while the corresponding benefit for campsites will be available until January 1, 2037.
The exemption from customs duties on buses, electric buses, and minibuses imported by tourism entities has been extended until January 1, 2028. The benefit also covers minibuses with more than eight passenger seats, which will additionally be exempt from the recycling fee.
Services provided by tour operators to foreign tourists will be treated as exports and, starting from January 1, 2027, will be exempt from value-added tax (VAT).
When hotels and catering establishments purchase water, beverages, beer, and tobacco products, the digital marking codes assigned to these products will be considered as having been sold for final consumption. No additional monitoring of their subsequent resale will therefore be required. In addition, during 2026–2027, cash foreign currency exchange offices and ATMs will be introduced in stages at hotels with more than 50 rooms.
At the same time, by November 2026, a draft Presidential resolution is planned to be developed providing for a revision of the tourism fee based on accommodation costs, the abolition of the requirement to establish mandatory parking facilities at hotels, and discounts of up to 30 percent on visits to cultural heritage sites for tour operators bringing groups of more than 10 people.
It is important to note that the latter proposals are still at the draft stage. They will officially take effect for entrepreneurs only after the relevant Presidential resolution is adopted.