This article focuses on the conditions of use of tax incentives to attract foreign investment for the development of the real sector of national economy. In particular, we investigated tax breaks on programs of modernization, technical and technological renovation of production, and sets out priority areas of tax incentives for enterprises with foreign investment. The article also highlights tax preferences available in free economic zones in Uzbekistan. Uzbekistan has developed the concept of SEZ which will become an important link in the system of strategic management of the national economy that would allow the state to ensure the stable development of a territory or a breakthrough in some important area of innovation development of the national economy. The research was conducted based upon legislative acts of national tax system and investment activity