This legal alert highlights the most important legal developments of November 2019 that affect the Uzbek pharmaceutical industry as a whole and activities of foreign pharmaceutical producers

The List Of Foreign Investment Proposals

The Antimonopoly Committee of Uzbekistan has revealed some information on the Uzbekistan's largest M&A transactions ...

The Uzbek Parliament has introduced amendments into the Code of Administrative Responsibility and the Criminal Code of the Republic that will have a significant impact on collection...

President Mirziyoev issued the Decree on measures that need to be taken to further develop tourism industry in Uzbekistan.

This legal highlight covers some important aspects of project finance in Uzbekistan, outlining its main features.

Following the President's visit to the People's Republic of China in April 2019 and the second Belt and Road Forum, numerous bilateral agreements, memorandums

The law establishes that rules governing Commission's activities must be elaborated by the Presidential Administration.

A course of the new Uzbek leadership is firmly aimed at improving the country's economic performance and attraction of foreign investment.

On January 16, 2020, the Cabinet of Ministers adopted the Resolution No. 27 "On Measures for Effective Management of the State Debt and Ensuring the Targeted Use of the Attracted Debt"

On June 20, 2017, President Mirziyoev issued the Decree providing for the principal transformation of the Uzbek Chamber of Commerce and Industry...

The purpose of this Law is to regulate relations in the public-private partnership sector. The present Law shall not apply to the production sharing agreements and public procurement

The purpose of this Law is to regulate relations in the area of personal data protection.

On November 2, 2017, the Uzbek State Committee for Investments released its draft Proposal for a new Investment Code that is intended to significantly improve the investment environment...

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.

Since November 2016, the Government of Uzbekistan has been introducing a series of legislative amendments aimed at significant simplification of company registration procedures.

Systematic problems with respect to foreign exchange and repatriation of profits may still be observed in Uzbekistan.

During its 9th regular session on March 28, the Senate of the Oliy Majlis (an upper house of the Uzbek Parliament) approved several major changes in the Constitution and some legislative acts.

Presidential Decree No. PP-4008 On Measures for Creation of Favorable Conditions for Labour Activity of Qualified Specialists from Foreign Countries in the Territory of the Republic of Uzbekistan

As 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.