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Adoption of Renewable Energy Law

Adoption of Renewable Energy Law

On May 21, 2019, the Law on the Use of Renewable Energy Sources (the “Law”) has been adopted. Unofficial English version of the Law can be found at: https://kostalegal.com/publications/legal-highlight/law-of-the-republic-of-uzbekistan-on-the-use-of-renewable-energy-sources. The purpose of the Law is to promote the production of energy through the use of…

Monday, 17 June 2019
PPP LEGISLATION IN UZBEKISTAN: ADOPTION OF THE PPP LAW

PPP LEGISLATION IN UZBEKISTAN: ADOPTION OF THE PPP LAW

The Uzbek Law “On Public – Private Partnership” No. ZRU – 537 (the “PPP Law”) has been adopted on May 10, 2019. It shall take effect on 10 June 2019. Unofficial English version of the PPP Law can be found at https://kostalegal.com/publications/legal-highlight/law-of-the-republic-of-uzbekistan-on-public-private-partnership. The Law provides…

Monday, 10 June 2019
Labour Law Reforms

Labour Law Reforms

On April 12, 2019, the Minister of Employment and Labour Relations released a concept of the new Labour Code (the ‘Concept’). According to the Concept, the revised Labour Code (the “Code”) that is planned to be adopted this year is aimed at positively affecting SME…

Thursday, 23 May 2019
Uzbek Government Launches Large-Scale Privatization Program

Uzbek Government Launches Large-Scale Privatization Program

A 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” (the “Decree”) and the Resolution…

Tuesday, 14 May 2019
Uzbekistan to adopt the Law on Personal Data

Uzbekistan to adopt the Law on Personal Data

The 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. Now, it shall be forwarded to the Senate for further debate, after…

Tuesday, 14 May 2019
Reform for Improvement Court Enforcement Proceedings

Reform for Improvement Court Enforcement Proceedings

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. The state body that is responsible for the enforcement proceedings is the Bureau of Mandatory Enforcement under the General…

Tuesday, 26 March 2019
Recent Reforms in the Construction Industry

Recent Reforms in the Construction Industry

The construction industry in Uzbekistan is undergoing significant changes following the enactment of Presidential Decree from November 14, 2018 No. UP – 5577[1] (“Decree”). The Decree introduces new procedures for project appraisal, construction and commissioning processes, and covers issues concerning licenses, certification, land allocation, tax…

Thursday, 17 January 2019
Government incentives for tourism sector investment

Government incentives for tourism sector investment

On January 5, 2019 the President of Uzbekistan issued the Decree No. PP-4095 "On Measures for Accelerated Development of the Tourism Industry”. The Decree is aimed at stimulating further development of entrepreneurial activities in the sphere of tourism infrastructure development, including hotels, and sanitary facilities.…

Friday, 11 January 2019
Employment of foreigners in Uzbekistan

Employment of foreigners in Uzbekistan

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 of November 7, 2018. Employers in Uzbekistan can employ foreign citizens only after obtaining a license for…

Thursday, 29 November 2018
National Agency for Project Management presents Concept of Tax Reform

National Agency for Project Management presents Concept of Tax Reform

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…

Monday, 18 June 2018