OMM Redaksiyası
At ICTWEEK 2026 in Uzbekistan, attracting foreign investment to the country’s technology sector has emerged as one of the key topics of discussion. The event is attended by more than 2,000 foreign guests and investors, as well as more than 200 international and local IT companies and 30 venture funds.
Tax incentives for IT companies
As global competition for technology investment intensifies, Uzbekistan is using various mechanisms to make it easier for international companies to begin operating in the country.
One of the main incentives is the “IT Park” residency regime. Residents that meet the requirements are exempt from corporate income tax and VAT, and can also benefit from other tax and customs concessions. A reduced income tax rate applies to employees of resident companies.
These incentives allow foreign companies to reduce the costs of establishing and managing technology or digital services businesses in Uzbekistan.
Support for entering the Uzbek market
The country is also seeking to reduce the initial costs of launching operations through IT Park’s “Zero Risk” program. Under the program, eligible companies receive support with office space, equipment, payroll arrangements, recruitment and employee training.
Designed primarily for export-oriented IT and BPO companies, businesses benefiting from the program had created more than 4,000 jobs and generated over $43 million in export revenues by 2026.
Special legal regime for international companies
One of the new initiatives, “Enterprise Uzbekistan,” is creating a special legal environment for international digital technology companies and investors. The regime includes elements of English and Welsh common law, a regulatory “sandbox” for innovative technologies and simplified procedures for companies operating within this framework.
The mechanism is intended to establish a legal framework that is more familiar to global investors. The regime is planned to remain in force until 2100, making it part of Uzbekistan’s long-term investment strategy.
Uzbekistan is also focusing on bringing international specialists to the country. Foreign investors, founders and technology professionals can obtain an IT visa valid for up to three years. Eligible foreign IT specialists can work under a simplified procedure without obtaining a separate work permit.
These provisions allow companies to bring key employees into the country until a local talent base is developed.
Exports and digital infrastructure
The incentives are not limited to attracting companies to Uzbekistan. The country is also seeking to facilitate the access of IT businesses operating there to international markets.
Companies that are currently IT Park members export digital services to 102 countries. Their main markets are North America, the European Union, the United Kingdom, the Commonwealth of Independent States and the Asia-Pacific region. The government has also introduced additional support measures for IT exporters covering the use of global digital platforms, corporate subscriptions and online advertising expenses.
In addition to software development and outsourcing, Uzbekistan is attracting investment in digital infrastructure projects. Saudi Arabia’s “DataVolt” is building a data center in Tashkent with an initial investment of $150 million and a capacity of 12 megawatts.
The project is part of broader plans to increase data center capacity in the country. Other initiatives include new data centers, artificial intelligence laboratories and computing infrastructure for the development of AI-powered cloud services.
The main question now is whether the incentives being introduced will translate into larger and longer-term foreign investments as Uzbekistan competes with other emerging technology markets. ICTWEEK 2026, which focuses on startups, venture capital, artificial intelligence and digital investment, is one of the platforms where this competition is being discussed.
