Tax laws Tajikistan
Tajikistan's taxation system is governed by the Tax Code, which outlines the legal framework for establishing, modifying, and repealing taxes, as well as procedures for calculation, payment, and enforcement of tax obligations.
Key Components of Tajikistan's Tax System:
Types of Taxes:
- National Taxes: Include personal income tax, corporate profit tax, value-added tax (VAT), excise taxes, social tax, land tax, tax on mineral resource users, highway user tax, simplified tax system payments, and uniform tax for agricultural producers.
- Local Taxes: Comprise property taxes such as real estate tax, land tax, and vehicle tax, enacted by local state authorities.
Recent Tax Rate Changes:
- Individual Income Tax:
- Residents: Reduced from 13% to 12%.
- Non-residents: Reduced from 25% to 20%.
- Corporate Income Tax Rates:
- Goods Producers: 13%
- Financial Institutions and Mobile Companies: 20%
- Extraction and Processing of Natural Resources: 18%
Sughd Free Economic Zone (FEZ):
- Location: Situated in the Sughd region, with a total area of 320 hectares in Khujand city.
- Purpose: Aims to attract foreign and domestic investment, introduce modern technology, and stimulate economic growth by offering favorable conditions for industrial-innovative production.
- Benefits: Enterprises operating within the FEZ enjoy tax and customs preferences, including exemptions from most taxes and customs duties, with certain obligations such as social tax and income tax for employees.
Additional Considerations:
Taxpayer Identification: Both individuals and legal entities are required to obtain taxpayer identification numbers, which must be indicated in tax returns, invoices, and official correspondence with tax and customs authorities.
Trade Tariffs: Tajikistan's import tariffs are relatively liberal, ranging from 0% to 15%, with a trade-weighted average of approximately 7%.
For comprehensive and current information, consulting the State Tax Committee of the Republic of Tajikistan or a tax professional is advisable, as tax laws and regulations are subject to change.
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