Kosta Legal has rendered comprehensive legal assistance to a Russian textile manufacturing company wishing to distribute its production in Uzbekistan and considering the establishment of a local production facility.
The company expressed a particular interest in getting advice on aspects of the Uzbek taxation, customs, retail and wholesale trade legislation. The company also asked to clarify particularities of the regulatory regime in Uzbek free economic zones, Uzbek employment law and investment regulations for the textile industry. Ways of cooperation with the state-run Uzbek Textile Association were asked to be considered.
Our lawyers provided extensive information about the current legislative regime within the industry and advised on the best ways to enter the market and to negotiate favourable investment terms with state agencies, including the Association.
Our client was a Russian textile group, having established its presence in many regions of Russia, Kazakhstan and other CIS countries.