• Sign in
  • 1744009905_435.svg 1744009905_642.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12768.26
    • RUB162.63
    • EUR14400.04
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +17°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    World

    75 companies secure IT Park resident status in January 2024

    75 companies secure IT Park resident status in January 2024

    In January 2024, a total of 75 companies were granted IT Park resident status, spanning diverse sectors within the IT industry. Software development emerged as the predominant field among the new entrants, with 31 companies. This trend is encouraging, considering the high value-added nature of software development and the indispensable role of the international software market.

    Photo: 75 companies secure IT Park resident status in January 2024 
    Source: IT Park
    IT education emerged as another prominent sector, with 17 companies, reflecting substantial interest in nurturing and advancing professionals in the field of information technology. A significant number of companies are engaged in BPO (11), license implementation (11), as well as design and multimedia products (3).

     

    Since its establishment in 2019, the total count of companies has escalated to 1652 by the end of 2023. In the preceding year, 846 companies were accorded the status of IT Park resident. However, 304 applications were declined, and 281 companies had their resident status rescinded due to non-adherence to obligations or involvement in unauthorized activities.

    The cumulative revenue of resident companies in 2023 surpassed $1bn for the first time. Furthermore, the tally of export-oriented companies reached 551, with an export volume amounting to $344mn.

    Photo: 75 companies secure IT Park resident status in January 2024 
    Source: IT Park

    Benefits of resident status

    Resident status bestows exemption from all forms of corporate taxation. Specifically, non-residents are obligated to pay corporate tax ranging from 4-15%, whereas residents are exempt from this obligation. The social tax rate for non-residents is 12%, while residents are exempt from it. Non-residents incur an income tax rate of 12%, whereas residents are subject to a reduced rate of 7.5%. Additionally, non-residents are subjected to VAT on imported services, while residents are not.

     

    At the end of December 2023, new types of activities were approved, attracting applications from residents. One such sector is design and multimedia products, which is being pursued by “UNITED SOFT” LLC. This company specializes in creating animated videos and clips and has participated in developing animation for the Bollywood film “Bahubali”.

    Photo: 75 companies secure IT Park resident status in January 2024 
    Source: IT Park

    International appeal of IT Park

    Interest in residency at IT Park continues to draw companies not only from Uzbekistan but also from various other countries. Although the majority of new companies originate from Uzbekistan, registrations from Russia (5), Turkey (2), South Korea, and Australia (1 each) accentuate the international appeal of IT Park and Uzbekistan as a destination for doing IT business.

    Notably, 38 companies from regions and 37 companies from Tashkent obtained resident status. Among the 75 new resident companies, 26 are export-oriented. To apply for residency, log in to the personal account on the my.it-park.uz website using the company’s EDS key. In the “Applications” section, submit a business plan for consideration by the Expert Council. Term of consideration: 15 working days.

    The full list of IT Park residents can be found on the official website.

     

    Follow Daryo's official Instagram and Twitter pages to keep current on world news.

    18.02.2024, 11:00   Comments (0)   1536
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    IT Park generates $1bn in revenue in 2023, discusses vision for 2024 

    14.02.2024, 19:47

    Survey reveals top and anti-top companies in Kazakhstan's IT sector

    16.02.2024, 03:21

    Uzbekistan's journey to IT outsourcing hub: insights from Dubai conference 

    17.02.2024, 20:02

    Taliban declines participation in UN conference on Afghanistan in Doha 

    18.02.2024, 10:00

    World Bank resumes $1.2bn CASA-1000 project

    17.02.2024, 12:00

    Messe Frankfurt to launch seven brand events in Uzbekistan, broadening Central Asian influence

    17.02.2024, 10:00
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024


    Beeline Uzbekistan started 2025 with a significant network modernization


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?

     

    Recommended

    "We wouldn’t have won without U.S. aid" – The hidden truths behind the USSR’s World War II victory

    12 May, 15:39

    Uzbekistan's banking deposits surge to $25.2bn in March

    8 May, 17:24

    Uzbekistan to host 59th ADB Annual Meeting in Samarkand for second time

    8 May, 11:26

    Uzbekistan sees rise in cross-border travel as outbound tourism jumps 20%

    7 May, 12:38
     
     
     

    Latest news

    Kazakhstan, Germany expand partnership in trade, energy, and investment

    Kazakhstan | 29 May, 17:25

    More than 4mn women and children face malnutrition in Afghanistan

    Afghanistan | 29 May, 15:32

    Uzbekistan and Italy sign agreements on investment, migration, and sustainability

    Uzbekistan | 29 May, 14:35

    Uzbekistan and Italy triple trade as partnership enters new phase

    Uzbekistan | 29 May, 13:42

    Uzbekistan, China sign cooperation agreements to unite road standards and boost digital innovation

    Uzbekistan | 29 May, 12:30

    Uzbekistan’s public debt reaches $42.43bn in 1Q25, up by $2.22bn

    Uzbekistan | 29 May, 11:28

    UN Women opens country office in Tashkent, Uzbekistan

    Uzbekistan | 29 May, 10:30

    Germany offers jobs to 50 Uzbek nurses with salaries starting at €2,800

    Uzbekistan | 29 May, 09:01

    Kazakhstan, Italy deepen trade and investment ties as bilateral turnover hits $4.4bn in 1Q25

    Kazakhstan | 28 May, 17:02

    Uzbekistan, WIPO to strengthen IP sector with new strategy and joint training program

    Uzbekistan | 28 May, 15:15
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.