Uzbekistan adopted the Law "On amendments and additions to the Tax Code of the Republic of Uzbekistan" No.ЗРУ-783 dated July 12, 2022 (the "Law No.ЗРУ-783").

In accordance with the additions to Regulation "On the procedure for monitoring the validity of the conduct of foreign exchange transactions by legal entities and individuals"...

The Presidential Decree No.УП-6098 "On organizational measures to reduce the shadow economy and improve the efficiency of tax authorities" dated October 30, 2020 (the "Decree No.УП-6098")

There was adopted the Resolution the President of the Republic of Uzbekistan "On measures to further support the participants of special economic zones" No.ПП-5243 (the "Resolution No.ПП-5243") dated September 14, 2021.

On April 28-29, 2022, a plenary session of the Senate of the Oliy Majlis of the Republic of Uzbekistan was held. At the plenary session, the Law "On Amendments and Additions...

In accordance with the Resolution of the President "On measures to support business entities to reduce the negative impact on the economy of a sharp drop in air temperature" No.

The Resolution of the President of the Republic of Uzbekistan "On additional measures for the effective use of the tourism and transport potential of the Samarkand region...

By the Decision of the President of the Republic of Uzbekistan "On improvement of mechanisms of tax deferral by domestic and foreign Investors" No.ПП-5274 dated from November 2, 2021

The Resolution of the President "On additional measures to implement effective capital market support mechanisms" No.ПП-90 dated January 17, 2022 (the "Resolution No.ПП-90") establishes...

The GRATA International Legal Series (the "GILS") is a distinctive legal handbook, offering essential legal insights and practical tips for conducting business across jurisdictions...

On December 2, 2020 the President of the Republic of Uzbekistan has approved the Law "On amendments to certain legislative acts of the Republic of Uzbekistan in connection with the adoption...

The anti-crisis measures envisaged within the framework of Decrees of the President of the Republic of Uzbekistan "On additional measures to support the population, business entities.

Tax legislation of the Republic of Uzbekistan envisages 2 (two) types of tax control, which include tax inspection and tax monitoring. The former will be subject to further discussion in the following paragraphs.

Following the Presidential Decree on Measures for Radical Improvement of the Tax Legislation of February 13, 2018, the National Agency for Project Management under the President of Uzbekistan has prepared and presented a draft of the Concept of Tax Reform envisaging cardinal changes of the Uzbek tax system, including reduction of the tax burden and VAT rates, the merging or repeal of a number of taxes and obligatory payments as well as improvement of the tax administration.

On November 10, 2022, the President of the Republic of Uzbekistan signed the Decree "On measures to simplify state regulation of entrepreneurial activities" No. УП-244 (the "Decree No. УП-244").

According to the legislation of the Republic of Uzbekistan, illegal entrepreneurial activity without registration is considered to mean the conduct of entrepreneurial activity in cases...

On 6 October 2021, the President of the Republic of Uzbekistan signed the Decree "On measures for further stimulation of geological exploration works and improvement of the taxation procedure of subsoil users" No.УП-6319...

Over the last month, a number of amendments were introduced to the legislation of the Republic of Uzbekistan. In particular, amendments were made to the Constitution of the Republic of Uzbekistan...

From January 1, 2022, the property tax rate for legal entities has decreased from 2% to 1.5%, but there have been set minimum limits for the value of buildings for calculating property tax...

As the weeks go by, it gets increasingly easier and faster to start a business in Uzbekistan. The article looks at how to launch a company and at the legal entities commonplace across the country.