For investors

     Uzbekistan is rapidly solidifying its position as Central Asia’s premier technology hub, propelled by explosive export growth, robust state backing, and zero percent Corporate Income Tax and Value Added Tax incentives for IT Park members. The country’s technology ecosystem has already surpassed $1 billion in IT export volume and attracted over 1,500 IT Park resident companies, putting it on a clear path toward its ambitious target of $5 billion in annual tech exports by 2030. A major catalyst behind this rapid expansion is Uzbekistan’s young, highly adaptable workforce, with over 60% of the population under 30 years old and tens of thousands of skilled IT graduates entering the talent pool every year. This emerging tech workforce is inherently multilingual, offering widespread fluency in Uzbek, Russian, and English, alongside a growing proficiency in languages such as German and Korean. Coupled with operational expenses and salary benchmarks that remain significantly lower than those in Eastern Europe and North America, as well as a strategic UTC+5 time zone that enables seamless real-time collaboration across Europe, Asia, and the Middle East, Uzbekistan presents a compelling environment for global tech companies looking to scale efficiently.

     Uzbekistan’s ICT sector is experiencing rapid expansion, with total revenues generated by IT Park resident companies exceeding $1 billion USD alongside a steady annual sector growth rate of 20% to 30%. This momentum is driven by a well-diversified portfolio of export services, led by software development and IT consulting, which account for 42% of output, followed by GameDev, licensing, and technical support at 28%, and BPO/KPO services representing 20%. Operating as a global outsourcing destination, the industry primarily exports its tech solutions to major international markets across the USA, Canada, the European Union, the UK, the MENA region, Singapore, and Japan.

      IT Park residents benefit from a legally guaranteed, ultra-favorable tax environment engineered to maximize profitability and accelerate business growth. Under this incentives framework, registered tech entities are completely exempt from standard corporate obligations, enjoying a Corporate income tax (CIT) rate along with 0% Value Added Tax (VAT) and property taxes. To help companies attract and retain top-tier talent, the regime significantly reduces the Personal Income Tax for employees to just 7,5% down from the national 12% standard. Furthermore, businesses looking to build or upgrade their technological infrastructure can do so seamlessly, as all imported IT hardware and technical equipment are entirely free from customs duties.

    Foreign tech firms looking to scale in Uzbekistan benefit from a comprehensive suite of special investor programs designed to streamline market entry and growth. Under these initiatives, companies can access free regional office space, equipment subsidies, and HR compensation to minimize initial setup costs. To further simplify relocation, the country offers fast-track three-year IT visas for investors, founders, and specialists, granting them residency rights alongside the ability to purchase local real estate. Additionally, these programs facilitate seamless international operations by allowing remote incorporation, the opening of foreign currency bank accounts, and effortless dividend transfers.

     Uzbekistan’s forward-looking tech landscape is powered by ambitious investments and targeted artificial intelligence initiatives. A cornerstone of this vision is ENTERPRISE UZBEKISTAN, an International Digital Technology Center operating under English Common Law to provide robust legal protections and confidence for international investors. In the public sector, the government is driving the AI GovTech Platform, which integrates AI-driven predictive analytics directly into municipal and public services to streamline administration. Complementing these infrastructure efforts, local teams are pioneering specialized AI solutions-ranging from native Uzbek Large Language Models (LLMs) to advanced voice technology and OCR tools specifically tailored to serve the fintech and retail industries.

     Uzbekistan’s technology landscape is anchored by standout success stories and rapid global expansion. A prime example of this momentum is Uzum, which achieved a landmark milestone by becoming the country’s first tech unicorn after raising over $100 million in international funding to build an integrated ecosystem spanning e-commerce, fintech, and delivery services. Parallel to local innovations, global engineering giants such as EPAM Systems and Exadel have established multi-thousand-person R&D centers in the country, actively developing software solutions that are exported worldwide. Furthermore, the nation is experiencing a broader expansion in business process outsourcing, as international product and service teams - including companies like Realtyna and Ella IT-increasingly relocate their operations to IT Park Uzbekistan to capitalize on the region’s growing tech ecosystem.