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Legal Updates
Changes in Business Regulation in Uzbekistan in March
Uzbekistan has implemented cutting-edge reforms in the area of intellectual property protection, security market regulation, corporate laws, taxation, and taxation & incentives in the area of agriculture. Leges Advokat law firm has prepared the following bulletin with updates on the business matters of the Republic of Uzbekistan.
Procedure for privatization of the land plots
With the adoption of the Resolution of Cabinet of Ministers “On implementation of the Law on the privatization of non-agricultural land plots” No. 71 dated 14.02.2022 a new Regulation on providing state services for privatization of land plots were introduced. Leges Advokat team hereby prepared a brief overview of the noteworthy aspects of the privatization procedure, which can be broadly exercised in a real-life case.
Land lawСhanges in tax regulation in Uzbekistan
With the adoption of the new Law No. ZRU-741 dated 29 December 2021 [ https://lex.uz/ru/docs/5800114 ]; notable changes were introduced to the Tax Code of the Republic of Uzbekistan, which ranges from amendments of the regulation on rental tax for mining, use of subsoil, tobacco and alcoholic products, the raise of taxable income of non-residents and taxes on dividends and other. Leges Advokat law firm has prepared the following legal update on the amendments made to the tax regulation in the Republic of Uzbekistan.
Tax LawLegal Alert on Changes of Business Regulation in Uzbekistan
January 2022 : Uzbekistan has started a new year with the introduction of changes into the regulation of pharmaceuticals, securities market, tourism, investment projects, transportation and other sectors. Leges Advokat law firm has prepared the following bulletin with updates on the business matters of the Republic of Uzbekistan.
Amendments to the Law on the Protection of Consumer Rights
On 18 January 2022 several amendments and additions were introduced into the Law “On the protection of consumer rights” (hereinafter – the “ Law ”) providing consumers broader rights and protections. The amended Law additionally regulates the protection of consumers who purchase goods in information systems and expands the powers of the Consumer Rights Protection Agency under the Antimonopoly Committee of the Republic of Uzbekistan. The Law now includes a detailed provision for returning and replacing the product; obliges the seller to have information about the product in Uzbek (description in other languages may be used in addition to the state language); restricts from changing the price on the same product depending on the form of payment.
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