News & Insights
News & Insights
Legal Alert for November and December 2023
Recent regulatory updates in Uzbekistan’s business sector are designed to cultivate a favorable environment for key sectors such as advertising, microfinance, licensing, foreign exchange (FX) operations, intellectual property (IP) protection, and litigation. Uzbekistan has taken proactive measures in the past two months, reinforcing reforms in areas such as legislative changes for economic, civil, and administrative procedures. Tax incentives are being provided for projects carried out with international organizations, and efforts are being made to promote the growth of the microfinance sector and enhance consumer protection related to payment organizations.
Microfinancing environment in Uzbekistan
This is a concise analysis of the regulation of the microfinancing sector in Uzbekistan. It covers the essential aspects of microfinancing, including the nature of microfinancing products, microfinancing organizations, and procedures for providing microloans and microcredits. The final part of this analysis reflects the recent changes in regulation in the field of microfinancing.
Legal Alert for September 2023
September 2023 : The legal framework governing key business sectors has undergone rapid and significant development, resulting in positive transformations that align with global standards. These advancements have been particularly noteworthy in pivotal sectors, including the stock market, taxation, financing, cryptopolitics, and intellectual property law, showcasing a commitment to professionalism and international best practices.
Tax Code Guide 2023
Leges Advokat has prepared an analysis of the main taxes by residents and non-residents under the Tax Code of the Republic of Uzbekistan. The document contains a summary of taxes, by indicating their main features, such as taxpayers, taxation objects, tax base, tax rate, tax reporting, and tax payment deadlines.
Legal Alert for August 2023
New regulations and changes in the business sector of Uzbekistan were aimed to improve and develop a better legal framework for water management and related structures, economic relations with Qatar, real estate and cadaster issues resolution, amending of the customs system, tax reporting in voluntary liquidation, advancement of construction professionals, and compliance with WTO agreements.