Key rates, eligibility for relief, VAT and records for a project tax review, with a link to the Tax Code.
In this article
- Corporate income tax and VAT
- Support for priority economic sectors
- Digitalisation of tax administration
- Tax audit procedures
- VAT accounting and refunds
- Export transactions and sector-specific taxes
- Renewable energy projects: checking tax relief
- Preparing the project’s tax assessment
- A working tax review register
This article reviews the questions businesses should address when applying the Tax Code in 2026. A company’s activity, transactions and tax regime determine the applicable obligations; sector labels alone do not establish entitlement to relief.
Corporate income tax and VAT
The general corporate income tax rate is 18% of taxable income in 2026. The rate for credit and financial organisations and mobile communications companies is 20%. The previous separate manufacturing rate no longer applies from 1 January 2026.
The standard VAT rate is 14% in 2026 and 13% from 1 January 2027. Reduced rates and exemptions require a separate eligibility check. Sources: Tax Code, Articles 183, 264 and 397 (parts 4 and 13).
Support for priority economic sectors
Before including a tax incentive in a business plan, identify its legal basis, qualifying activity, time limits and required documents. Registration of a company or investment in a particular sector does not by itself establish eligibility.
Digitalisation of tax administration
Plan access to the taxpayer’s electronic services, responsibility for submitting reports and storage of supporting records. Electronic filing should be checked against the requirements for the particular return and reporting period.
Tax audit procedures
Prepare records supporting reported amounts, transaction terms and any claimed exemptions. Assess the basis and scope of a particular tax inspection from its documents; this article does not predict how often an individual business will be inspected.
VAT accounting and refunds
Review invoices, import documents and the conditions for VAT deductions or refunds for each type of transaction. An input VAT balance does not alone establish an unconditional right to an immediate refund.
Export transactions and sector-specific taxes
For an export project, first identify the goods, contractual structure and applicable tax and customs rules. Sector-specific taxes should be checked only where they are relevant to the proposed activity.
Renewable energy projects: checking tax relief
For a solar, wind or hydropower project, assess income tax, imports, land and property separately. Before importing panels, storage systems or other equipment, check the goods classification, purpose, applicable legal provision and supporting documents. This review does not establish a blanket exemption for renewable energy equipment or a general entitlement to green tax credits.
Preparing the project’s tax assessment
- Describe the company’s activity and expected revenue streams.
- Provide the investment schedule and equipment specifications.
- Identify land, buildings, staff and cross-border payments.
- Document each proposed tax incentive before including it in the financial model.
Tax figures checked on 27.09.2026 against the Tax Code of Tajikistan. This is a focused update of the topics above, not a complete list of legislative amendments in 2025–2026.
A working tax review register
For each transaction, record the tax, the basis for applying it, supporting records and the person responsible for checking it. Keep a proposed incentive out of the base budget until its conditions have been assessed against the project.
