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Publications
Important aspects of project finance in Uzbekistan
This legal highlight covers some important aspects of project finance in Uzbekistan, outlining its main features. Uzbek law does not prohibit or limit receipt of foreign funds from abroad, but remains to be underdeveloped in many transactional aspects.…
Read more... | Download document | Legal Highlight | Tuesday, 05 March 2019State Program 2019: Economic Development and Investment Promotion
The President of the Republic of Uzbekistan issued the Decree No. UP – 5635 dated January 17, 2019 (the “Decree”) approving a state program for 2019 “The Year of Active Investments and Social Development”. The program was devised…
Read more... | Download document | Legal Highlight | Friday, 15 February 2019PPP 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 2019Rights 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 2018Transitional 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 2018Franchise 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 2018Loans and secured financing in Uzbekistan 2018
Read more... | Download document | Joint Publication | Monday, 18 September 2017Foreign investment in Uzbekistan 2017
Read more... | Download document | Joint Publication | Monday, 01 May 2017Pharmaceutical 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 2017Permanent 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