Uzbekistan is the name of one of the countries that can be found in Central Asia. Afghanistan, Tajikistan, Turkmenistan, Kyrgyzstan, and Kazakhstan are its neighbors. Uzbek is recognized as the sole legal language.
Cotton and mineral extraction are the two most prominent natural resource industries in Uzbekistan, which also contribute significantly to the country’s overall economy. The nation’s annual output of 80 tonnes of gold places it in eighth place among all countries in the world. It is estimated that around 20 percent of all goods exported are comprised of this precious metal.
Uzbekistan also has significant oil reserves, although the country’s oil is only consumed domestically. It also boasts sizeable amounts of copper, lead, zinc, tungsten, and uranium, in addition to natural gas, which is put to use domestically as well as exported to other nations.
Uzbekistan’s agricultural sector is another key contributor to the country’s overall economy. This region is responsible for generating 18 percent of the country’s gross domestic product and employs 25 percent of the country’s total workforce. Uzbekistan’s largest source of export revenue is cotton, which takes up around 10 percent of the country’s total agricultural land area.
The country’s gross domestic product in 2013 was 56.8 billion US dollars, and the country’s most important export partners are China, Kazakhstan, Turkey, Russia, Bangladesh, and Kyrgyzstan.
The energy sector is home to a sizeable population of non-native speakers of English who are employed in positions of managerial responsibility.
Work permits for Uzbekistan
The immigration process in Uzbekistan is divided into several steps.
The business you will work for must first get a Corporate Work License. This enables a business to employ a specific number of foreign workers. It can be renewed annually and is often granted for a period of six months to a year. Additionally, a foreign national will only be granted a work permit when it has been shown that there are no qualified local candidates to fill the position.
The Ministry of Labor will thereafter receive the work permit application from foreign nationals who intend to work in Uzbekistan.
Additionally, they will require a Telex Number/Invitation Letter from the host company for a work visa, which must be authorized by the authorities. Foreign nationals may file a visa application based on such permission.
To apply for a work visa, go to the Uzbek consulate in your country of residence or your country of residence. The visa is valid for a single entry for no more than 30 days. For your address to be valid for the duration of your initial visa, it must be registered with the local police within three days of your arrival.
Your work permit will be awarded or denied based on your HIV test results, job contract, and visa. For as long as the work permit is active, you can normally extend your visa; however, you’ll also need to renew your address registration.
Income taxation in Uzbekistan
People in Uzbekistan are subject to various types of taxes, depending on whether or not they are considered tax residents. A person is considered to be a fiscal resident of Uzbekistan if they have been physically present in the country for 183 days or longer in any period up to 12 months long that ends in a calendar year.
Nonresidents are those who do not meet certain conditions, as described by this definition. While non-residents are only required to pay taxes on the portion of their income that comes from within Uzbekistan, residents are required to pay taxes on all of their income, regardless of where it comes from.