In Uzbekistan, the number of companies with top sustainability ratings has increased 45-fold, according to the Chamber of Commerce and Industry.
The Number of Companies with the Highest Sustainability Rating in Uzbekistan Has Increased 45 Times — CCI
Record Number of Companies Achieve Top Sustainability Rating
Since the introduction of the business sustainability rating on February 1, 2024, the number of enterprises attaining the highest rating (AAA) has surged 45 times. This was reported by the Chamber of Commerce and Industry of Uzbekistan (CCI).
Top Sustainability Rating: Benefits
Companies with an AAA rating enjoy significant advantages, including streamlined bureaucratic processes and protection from inspections. In 2024, enterprises with the highest rating received VAT refunds totaling over 1.8 trillion sums ($138.73 million at the exchange rate on February 3, 2025) in a simplified manner—without inspections and within one day.
Top Sustainability Rating Enhances Business Transparency
Over the year, the number of companies submitting tax declarations on time increased by 53,500, as entrepreneurs aim to achieve the highest rating. This leads to greater business transparency and adherence to tax discipline.
Top Sustainability Rating Becomes a Business Priority
According to the CCI, the number of enterprises with the lowest rating (D) halved over the year. An increasing number of companies are striving to enhance their sustainability, which strengthens trust in business and improves the investment climate.
How is the Top Sustainability Rating Assigned?
The top sustainability rating (AAA) is the highest category in the business assessment system introduced in Uzbekistan. Companies with this status are considered financially stable, transparent, and reliable.
The assignment of the rating depends on several key factors:
- Financial Stability – having profits and no significant debts.
- Tax Compliance – timely submission of declarations and payment of taxes.
- Business Transparency – adherence to financial reporting standards.
- Absence of Violations – enterprises without fines or sanctions from government bodies receive higher positions in the rating.
Conversely, companies with a low rating (D) face increased scrutiny from regulatory authorities, undergo inspections more frequently, and have restricted access to government benefits.