We are pleased to offer this newsletter for April 2019. Some major initiatives were announced by the government in April, including large-scale privatization initiatives, revision of the Civil Code, further simplification of procedures for the state registration of real property, improvement of regulations on public-private partnership both generally and in…
Read more... | Download documentThis legal alert highlights the most important legal developments of March 2019 that affect the Uzbek pharmaceutical industry as a whole and activities of foreign pharmaceutical producers and their representative offices in Uzbekistan in particular. 1. LAW ON REPRODUCTIVE HEALTH The Law on the Protection of Reproductive Health of Citizens…
Read more... | Download documentDear Clients and Partners,We are pleased to offer this legal update for March 2019. In March, the Uzbek government continued its efforts to shape the Uzbek commercial legislation for improving the country’s business environment. A specialised state commission was established under the Ministry of Finance to monitor the performance of…
Read more... | Download documentThis legal alert highlights the most important legal developments of January 2019 that affect the Uzbek pharmaceutical industry as a whole and activities of foreign pharmaceutical producers and their representative offices in Uzbekistan in particular. Cancellation of advertising permits The requirement to obtain the permit to advertise medicines for minors…
Read more... | Download documentDear Clients and Partners, Although in February 2019 no significant changes of a general nature comparable with the tax reform of December 2018 and the announcement of forthcoming land privatization of January 2019 were declared, some significant changes happened in many industries. Continuing its positive destatization efforts, the Uzbek government…
Read more... | Download documentThis legal alert highlights the most important legal developments of January 2019 that affect the Uzbek pharmaceutical industry as a whole and activities of foreign pharmaceutical producers and their representative offices in Uzbekistan in particular. NEW FREE ECONOMIC ZONE A new free economic zone (FEZ) has been created in the…
Read more... | Download documentThe new year began with new major changes within the system of public administration. The Ministry of Economy and Industry and the Ministry of Investment and Trade were established. The State Competition Committee was divided into three agencies. The overpowered National Agency for Project Management under the President transferred many…
Read more... | Download documentThis legal alert highlights the most important legal developments of December 2018 that affect the Uzbek pharmaceutical industry as a whole and activities of foreign pharmaceutical producers and their representative offices in Uzbekistan in particular. Changes in tax legislation The Law introducing the following changes into the Tax Code came…
Read more... | Download documentIn December 2018, final for the passing year decisions were taken for improving the investment environment in Uzbekistan. Hence, the investment program for 2019 was adopted and 2019 was declared a year of active investment and social development. Other end-year developments include the transformation of a usual annual tax rates…
Read more... | Download documentIn November 2018, the Uzbek government continued its policy of liberalization with the simplification of rules for the employment of foreign workers and the construction legislation. Significant changes have also been introduced to enhance creditor protection and the usability of security mechanisms. These changes visibly alleviate the importance of the…
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