ArticleReform For Improvement Court Enforcement ProceedingsAs the enforcement proceedings in Uzbekistan proved to be inefficient and protracted, the State takes a decision to improve and simplify the processes in this field. UzbekistanLitigation, Mediation & ArbitrationKosta Legal
ArticleGovernment Incentives For Tourism Sector InvestmentOn January 5, 2019 the President of Uzbekistan issued the Decree No. UP-5611"On Additional Measures for Accelerated Development of the Tourism Industry". UzbekistanMedia, Telecoms, IT, EntertainmentKosta Legal
ArticleLegal Developments Affecting The Pharmaceutical IndustryThis legal alert highlights the most important recent legal developments that affect the Uzbek pharmaceutical industry as a whole and activities of foreign pharmaceutical producers...UzbekistanFood, Drugs, Healthcare, Life SciencesKosta Legal
ArticleResolution Of The Cabinet Of MinistersIn the context of the accelerated integration of our country into the world financial system, to maintain the public debt at a safe level is one of the main factors for promoting macroeconomicUzbekistanFinance and BankingKosta Legal
ArticleRights Of Foreign Citizens To Purchase Residential PropertyIn accordance with the Resolution of the Cabinet of Ministers No. 92 of February 27, 1999, foreign citizens can purchase a residential property within Uzbekistan only if they have a residence permit (RP).UzbekistanReal Estate and ConstructionKosta Legal
ArticlePharmaceutical Industry In Uzbekistan: New Regulatory EnvironmentThe Minister of Public Health of Uzbekistan issued an order No.2118-2 dated September 23, 2016 on amendment of the Regulation on prescription of pharmaceuticals.UzbekistanFood, Drugs, Healthcare, Life SciencesKosta Legal
ArticleLaw On Privatization Of Non-Agricultural Land PlotsThe purpose of this Law is to regulate relations in the area of privatization of non-agricultural land plots (hereinafter - the land plot). UzbekistanReal Estate and ConstructionKosta Legal
ArticleSimplification Of Licensing ProceduresOn April 11, 2018, President Mirziyoev signed a decree providing for a palpable simplification of licensing procedures in a variety of industries.UzbekistanAntitrust/Competition LawKosta Legal
ArticleLabour Law ReformsOn April 12, 2019, the Minister of Employment and Labour Relations released a concept of the new Labour Code (the ‘Concept'). UzbekistanEmployment and HRKosta Legal
ArticlePrivatization Reforms Ending State Monopoly In Alcohol IndustryIn pursuit of the goals set out in the State Program 2019, the President of Uzbekistan issued the Decree No. UP – 5656 of February 5, 2019 on the improvement of state regulation ...UzbekistanFood, Drugs, Healthcare, Life SciencesKosta Legal
ArticleUzbekistan To Introduce New Currency Control RulesThe President has signed the Law On Currency Regulation No. ZRU-573 of October 22, 2019 (the "New Law"), which is effective since its date of publication - 23 October 2019. As the result, the LawUzbekistanFinance and BankingKosta Legal
ArticleThe Privatization Reforms Ending The State Monopoly In The Alcohol IndustryIn pursuit of the goals set out in the State Program 2019, the President of Uzbekistan issued the Decree No. UP – 5656 of February 5, 2019 UzbekistanFood, Drugs, Healthcare, Life SciencesKosta Legal
ArticleProposed Changes To Labor CodeOn November 8, 2017, the Ministry of Employment and Labor Relations of Uzbekistan released its draft proposal on introducing amendments and addendums to the Uzbek Labor Code...UzbekistanEmployment and HRKosta Legal
ArticleUzbekistan To Adopt The Law On Personal DataThe draft Law "On Personal Data" is actively discussed in the Parliament. On April 16, 2019, the Draft Law has passed its third and final reading in the Legislative Chamber of the Parliament.UzbekistanPrivacyKosta Legal
ArticleState Program 2019: Economic Development And Investment PromotionThe President of the Republic of Uzbekistan issued the Decree No. UP – 5635 dated January 17, 2019 (the "Decree") approving a state program for 2019 "The Year of Active Investments and Social Development".UzbekistanGovernment, Public SectorKosta Legal
ArticleLiberalization Of Forex PolicyOn September 2, 2017, the President of Uzbekistan adopted a long-awaited decree on liberalization of the forex policy in Uzbekistan, which provides for high-priority measures for...UzbekistanFinance and BankingKosta Legal
ArticleLaw Of The Republic Of Uzbekistan On Investments And Investment ActivitiesThe purpose of this Law is to regulate relations in the field of investments and investment activities carried out by foreign and domestic investors.UzbekistanGovernment, Public SectorKosta Legal
ArticleUzbek Government Launches Large-Scale Privatization ProgramA large-scale privatization program has been initiated by the adoption of Presidential Decree No. PP – 4300 of April 29, 2019 "On measures to further improvement of the mechanisms for attracting foreign direct investment in the economy of the Republic" ...UzbekistanGovernment, Public SectorKosta Legal
ArticleFranchise Agreements In Uzbekistan: A Brief OverviewThis legal highlight overviews the rules and regulations applicable to franchise agreements. Until very recently, such type of agreements has not been particularly widespread in Uzbekistan...UzbekistanCorporate/Commercial LawKosta Legal
ArticleNew Law On Investments And Investment ActivitiesOn December 25, 2019, the President signed the Law on Investments and Investment Activities No. ZRU-598 (the "Law")...UzbekistanGovernment, Public SectorKosta Legal