Tax Incentives

The Free Economic Zone “Panj” offers investors one of the most favorable and competitive taxation systems in the Republic of Tajikistan. A special tax regime operates within the territory of the zone, under which its subjects are fully exempt from paying all types of taxes provided for by the Tax Code of the Republic of Tajikistan, with the exception of social tax and personal income tax.

Subjects of the FEZ “Panj” only perform the duties of tax agents by withholding and paying to the state budget the social tax at the rate of 20% of the payroll fund and personal income tax at the rate of 12% in relation to employees.

The preferential taxation regime makes it possible to minimize the tax burden, reduce operating costs, and increase the profitability of investment projects. These advantages create a stable and predictable investment environment for the implementation of production, export-oriented, and infrastructure projects.

As a strategic platform for business development and the attraction of foreign direct investment, the FEZ “Panj” provides broad opportunities for sustainable growth for domestic and foreign investors by ensuring high tax efficiency and legal stability.