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PPP projects in infrastructure sector

The area of PPP is still at the initial stage of development in Uzbekistan. The Law on PPP has been drafted several times, but has not been approved yet. As a result, a PPP mechanism is being regulated…

Read more...   |   Legal Highlight   |   Thursday, 31 January 2019

Rights of foreign citizens to purchase residential property

In accordance with the Resolution of the Cabinet of Ministers No. 92 of February 27, 1999, foreign citizens can purchase a residential property within Uzbekistan only if they have a residence permit (RP). Moreover, the Resolution of the…

Read more...   |   Legal Highlight   |   Thursday, 20 December 2018

Transitional changes in the legal environment of Uzbekistan: September 2016-January 2017

Uzbekistan has undergone drastic changes related to unexpected death of its first President, Mr. Islam Karimov. His successor and now newly elected President Mr. Shavkat Mirziyoev holds a course for reforms and boosting of Uzbek economy. This summary…

Read more...   |   Download document   |   Legal Highlight   |   Wednesday, 14 November 2018

Franchise agreements in Uzbekistan: a brief overview

FRANCHISE AGREEMENTS IN UZBEKISTAN: A BRIEF OVERVIEW This legal highlight overviews the rules and regulations applicable to franchise agreements. Until very recently, such type of agreements has not been particularly widespread in Uzbekistan and the relevant legislation, being…

Read more...   |   Download document   |   Legal Highlight   |   Monday, 22 October 2018

Pharmaceutical industry in Uzbekistan: New regulatory environment

For the last two months, the Government of Uzbekistan has adopted a number of new legislative acts that have significantly amended the regulatory environment of the pharmaceutical business in Uzbekistan. The overall intention of the Uzbek Government is…

Read more...   |   Download document   |   Legal Highlight   |   Monday, 02 January 2017

Permanent establishments: Key features and taxation

Today’s Legal Highlight is dedicated to such complex topic as permanent establishment (“PE”). Under Uzbek Law, PE is not considered as separate legal entities and used solely for tax purposes. Below we briefly touch upon those provisions on…

Read more...   |   Download document   |   Legal Highlight   |   Thursday, 13 July 2017

Loans & Secured Financing

Read more...   |   Download document   |   Joint Publication   |   Thursday, 22 September 2016