Why is this important
The sector is being legalized: not only turnover but also real tax deductions are increasing. The activation of brands intensifies competition, changes market structure, and reduces dependence on benefits.
What happened
- Total food taxes — 1.1 trillion soums (29.3% increase).
- The trade turnover of the industry amounted to 12.78 trillion soums (an increase of 36.4%).
- The number of legal entities is 20,163, a 3.7% increase.
- Benefits decreased to 118.6 billion soums (minus to 21.5%).
- The top 20 companies contributed 213.3 billion soums in taxes (an increase of 46.8%), or 19.4% of the industry’s total revenue.
- The new leader is International Foodchain (KFC): 62.4 billion soums in taxes.
- Second place — Mak Food Service (Evos brand): 43.9 billion soums.
- Newcomers include: Dodo Pizza, Bellissimo Pizza, FeedUp Eco.
- The main growth was attributed to VAT (increase by 44.8%) and personal income tax (increase by 31.3%).
Context
In 2023, the public catering system paid 999 billion soums in taxes. The share of large networks continues to grow, especially through franchising. The reduction of benefits and the increase in taxes are the result of reforms in the field of fiscal administration.
