News & Insights
News & Insights
The Financial Lease, Leasing and Ijarah
This is the analysis of the two types of property leases available under the Uzbek legislation – Financial Lease and Leasing, highlighting their similarities and differences from the Ijarah as the other type of lease that is becoming popular in Uzbekistan. The author of this short review Mironshokh Mirodullaev discusses how the Tax Code of the Republic of Uzbekistan distinguishes the Financial Lease and the Leasing, along with setting out distinctive features of Ijarah as a type of Islamic financing from Uzbek type of Financial Lease.
Leges Advokat team consults lenders on one billion investments projects in Uzbekistan GTL
We were delighted to provide our legal services to primary lenders of Uzbekistan GTL regarding the investments of Air Products in the amount of 1 billion in developing an industrial complex for processing industrial gases as part of the Uzbekistan GTL plant in the Kashkadarya region.
Comparative Overview of the Changes in the Labor Code of the Republic of Uzbekistan
The table contains a comparative overview of the old and new legislation on the main issues of labor relations, such as the conclusion, amendment and termination of employment contracts, compensation, working hours and rest periods, guarantees and compensation, the liability of the parties, etc.
Review of the Law on Public Procurement
The Law “On Public Procurement” No. 684 dated 22 April 2021, introduces a set of regulations for the public procurement procedure. The below analysis explains the process of various types of public procurement.