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Government to allow tour operators to receive payment in foreign currency

posted 4 Feb 2017, 06:11 by Webmaster Ambasciata


The Decree of the Board of the Central Bank, Ministry of Finance, State Tax Committee dated January 12, 2017 has amended and supplemented the Regulation on the admission of foreign currency in the territory of the Republic of Uzbekistan.

According to the Decree, receiving cash in foreign currency from now on is permitted for the payment for accommodation services at hotels and other accommodation facilities for foreign citizens and stateless persons who does not have permanent residence in Uzbekistan, as well as for citizens of Uzbekistan on making payment for tourism services by foreign partners through local tour operators.

In these cases, receiving cash in foreign currency from residents and non-residents is carried out at  special cash desks of enterprises and organizations with the encashment of foreign currency earnings in the prescribed manner.

The Decree entered into force on the day of its official publication.

(Source: UzReport.uz)        

 

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