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Saturday, 11 May 2019

Kosta Legal has successfully advised Toyota Central Asia FZE (‘TCA’), an official distributor of Toyota Motor Corporation, on entering the Uzbek market by granting official dealership rights to two Uzbek companies.

Kosta Legal lawyers have extensive experience in providing legal advice to motor vehicle dealers, companies operating in the industry of producing cars and components as well as foreign manufactures wishing to establish their distribution chains in Uzbekistan, facing difficulties in the challenging Uzbek environment. Assisting TCA, we have advised on rigid protectionist legislation characterizing the industry and challenges in repatriating profits, these being some of the most pressing issues.

Japanese multinational Toyota Motor Corporation, as represented in the Central Asian region by its official distributor, Toyota Central Asia FZE, continues to hold its position as one of the world largest companies by revenue and the world’s largest car manufacturer, producing more than 10 million vehicles per year.