Domestic hotels and travel agents have been granted new benefits and preferences.
Thus, from 1 January 2017, Uzbek tourism operators will be exempt from the mandatory sale of foreign currency revenues they earn by providing tourism services.
Tourism operators and their employees will be exempted from liability for the cases of breach of legislation by tourists, except for the norms that regulate the stay of foreign citizens and stateless persons in the territory of the republic.
Hotels have been granted with even wider list of benefits: they will now sell to the state only 25% of their revenues in foreign currency. Meanwhile, foreign citizens will pay for their services only in freely convertible currency, except for the cases when payments are made by domestic public and budgetary organizations.
One of preferences aims at promotion of construction of new accommodation facilities for tourists. In particular, the legal persons who commission at least four-star hotels or motels are exempt from corporate income tax, land tax and property tax, as well as unified tax payment for five years.
In addition, in case if a tourism entity purchases new vehicles designed for more than nine people, the fee to the Republican Road Fund will be reduced from a maximum of 20 to 3% of the vehicle cost.
