Nowadays, the retail sector is under constant competitive and compliance pressure. Retail chains, multinational brands, consumer goods producers, distributors and importers are also challenged by Uzbekistan’s foreign currency conversion issues. Consequently, players in the retail market are seeking effective business-oriented advice to overcome these challenges, particularly those concerning foreign currency conversion and customs clearance.
Possessing fundamental knowledge and understanding of the special features of Uzbekistan’s retail business field as well as having extensive experience in dealing with the most complex legal, customs and tax issues in the market, Kosta Legal’s Retail and Consumer Goods Practice is perfectly positioned to help clients overcome these challenges and achieve their business objectives.
Our lawyers proactively advise clients operating in such sectors as food and beverages, clothing and footwear production, alcoholic and tobacco products, pharmaceuticals, household chemicals, consumer electronics and automotives throughout the complexities of their entire life cycle – from the company’s formation and launch of its operations to the introduction of its products and distribution network arrangements, to litigation and IP protection and beyond. Kosta Legal’s Retail and Consumer Goods team regularly advises clients on all commercial transactions, including supply and distribution agreements, joint venture and partnership arrangements, franchising and licensing issues.
Proposed transactions are examined for their compliance with Uzbek legislation to combat against the financing of terrorism and corruption and, where applicable, for their compliance with the relevant provisions of the FCPA and the UK Bribery Act.