| Developers: | Government of Uzbekistan |
| Date of the premiere of the system: | 2021/10/25 |
| Branches: | Insurance |
2021: Plan to create a Unified Automated Insurance Registration Information System
On October 23, 2021, President Shavkat Mirziyoyev signed a decree aimed at developing the insurance sector and digitalizing it.
In accordance with the document, by June 1, 2022, a unified automated information system for registering insurance policies should be developed and launched in Uzbekistan. Its basis will be the system of accounting for auto insurance.
From July 1, 2022, all types of insurance are allowed in electronic form. All insurance policies will necessarily be registered in the online system. Starting from 2023, the issuance of paper insurance policies is canceled.
In addition, benefits are being introduced that stimulate the growth of life insurance.
In 2022-2024, the rate of income tax levied on life insurance payments was reduced by 50%.
Payment by employers of accident insurance and medical insurance issued for their employees is not taken into account as the total income of individuals and is excluded from taxation.
Also, the payment of long-term life insurance by citizens and insurance payments for it are not taxed.
The To Minfin Uzbekistan President state [1]
Notes
| The site content is translated by machine translation software powered by PROMT. The machine-translated articles are not always perfect and may contain errors in vocabulary, syntax or grammar. Read original article If you find inaccuracies or errors in the results of machine translation, please write to editor@tadviser.ru. We will make every effort to correct them as soon as possible. |