Uzbekistan

Modules

The following modules are installed automatically with the Uzbek localization:

Name

Technical name

Description

Uzbekistan - Accounting

l10n_uz

Default fiscal localization package for Uzbekistan. Includes the chart of accounts and core accounting configuration aligned with local requirements.

Uzbekistan - Accounting Reports

l10n_uz_reports

Provides localized financial reports, including the balance sheet and profit and loss statement based on an IFRS-style structure.

Localization overview

The Uzbekistan localization assists companies in meeting local accounting requirements by providing a structured and compliant accounting setup. It contains the following core components:

  • Taxes: preconfigured tax rates, including standard 12% VAT, zero-rated export, and exempt options

  • Chart of accounts: preconfigured structure aligned with Uzbek standards

  • Financial reports: IFRS-style balance sheet and profit and loss reports with a tag-based linking of accounts to report lines

Taxes

The Uzbek localization includes preconfigured sales and purchase taxes:

  • Standard VAT (12%): This standard VAT is applied to most goods and services. The supplier charges 12% VAT on the sale (VAT output) and is generally entitled to deduct the VAT paid on business purchases (VAT input).

    Example

    Most commercial sales and general supply of goods and services within Uzbekistan use the Standard VAT (12%) tax.

  • Export VAT (0%): The export tax is applied on taxable supplies where the VAT rate applied is 0%. The supplier does not charge VAT on the sale.

    Example

    Exports of goods and services to customers outside Uzbekistan use the Export VAT (0%) tax.

  • Exempt transactions (0%): The exempt tax applies to transactions that fall outside the scope of VAT and are not subject to tax.

    Example

    Transactions that are legally exempt from VAT under local regulations, such as essential food products (meat, fish, potatoes, rice), pharmaceuticals, and financial/insurance services, use the Exempt transactions (0%) tax.

Chart of accounts

The Uzbek chart of accounts is preconfigured according to Uzbek accounting standards and requirements. When creating new accounts, it is important to use account tags.

Account tags

The Uzbek localization uses account tags to determine where accounts appear in financial reports. Each tag links the account to a specific report line.

Example

Accounts that use the tag BS Line 0120: Right-of-Use Assets appear on the balance sheet on the [0120] - Right-of-Use Assets line.

Important

If no tag is assigned, the account behaves as an off-balance sheet account and does not appear on the balance sheet or the profit and loss statement.

Financial reports

The following reports have been tailored to meet the needs of businesses using the Uzbek localization:

  • Balance sheet

  • Profit and loss statement

These reports follow an IFRS-style structure, as per the Uzbek reporting requirements. They are built using a tag-based mapping system:

  • Each account is assigned a tag.

  • Tags correspond to specific lines in the reports.

  • Report values are calculated for each line by aggregating the journal items of the accounts with the line’s corresponding account tag.