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сегодня: 17 мая, 2008 Statistics

Republic of Uzbekistan Business legislation

In Uzbekistan transition to market oriented economy has started from creating conditions for carrying out entrepreneurship activity. the legislative base of the republic has being updated and corrected in the course of deepening socio-economic refprms.

Below is the list of laws of the Republic of Uzbekistan on regulating the process of economic reforms, privatization, and support to sma;; and medium enterprises:

The Constitution and the Civil Code.

Laws of Republic of Uzbekistan:

  • Law "On property";
  • Law "On currency regulation in the Republic of Uzbekistan";
  • Law "On concessions in the Republic of Uzbekistan";
  • Law "On external borrowings;
  • Law "On foreign investments in the Republic of Uzbekistan";
  • Law "On investment activity in the Republic of Uzbekistan";
  • Law "On natural monopolies";
  • Law of the Republic of Uzbekistan "On guarantees and measures towards protection of foreign investors' rights";
  • Law "On joint-stock companies and protection of shareholders' rights";
  • Tax code of the Republic of Uzbekistan;
  • Law "On Enterprises in the Republic of Uzbekistan;
  • Law "On leasing in Republic of Uzbekistan";
  • Law "On enterprises in the Republic of Uzbekistan";
  • Law "On Denationalization and Privatization";
  • Law "On privatization of state housing fund";
  • Law "On business associations and partnerships";
  • Law "On stock exchanges and exchange activity";
  • Law "On securities and stock exchange";
  • Law "On stimulation of the Development of Small and Private Enterprises";
  • Law "On the functioning mechanism of the securities market in the Republic of Uzbekistan";
  • Law "On free economic areas";
  • Law "On banks and banking activity";
  • Law "On joint-stock companies and protection of shareholders rights";
  • Law "On competition and monopolistic activity restriction on commodity markets";
  • Law "On chambers of commodity producers and businessmen";
  • Law "On natural monopolies";
  • Law "On leasing";
  • Law "On bankruptcy";
  • Law "On insurance";
  • Law "On certification of products and services";
  • Regulations of the procedure for the levy and payment of the duty charged for registration of legal entities, as well as natural entities involved in entrepreneurial activity";
  • Law "On the activity of depositories at the securities market";
  • Law "On guarantees of freedom of entrepreneurial activity";
  • Law "On leasing";
  • Law "On Foreign Economic Activity";
  • Resolution 'On measures towards deepening trade demonopolization";
  • Law "On licensing certain types of activity".

Decrees of the President of the Republic of Uzbekistan:

  • Decree "On making amendments and addenda to the Decree of the President of 9.04.1998 "On measures towards further stimulation of private entrepreneurship development, small and medium enterprises" (30.08.2003, # 3305);
  • Decree "On measures towards increase of the share and significance of private sector in the economy of Uzbekistan" (24.01.2003, # 3202); (http://www.spc.gov.uz/legislation/u3202_240103.html)
  • Decree "On measures designed towards further stimulation of the development of private, small and medium enterprises" (09.04.98, # 1866);
  • Decree "On additional measures designed towards stimulating development of small and medium-sized enterprises (31.01.97, # 1856);
  • Decree "On additional incentives and privileges granted to enterprise with foreign investments" (30.11.1996, # 1652);
  • Decree "On Initiation and Stimulation of Private Business" (05.01.95, # 1829).

Government's resolutions:

  • Resolution "On cardinal improvement of the system of registration procedures for organization of entrepreneurship activity" (20.08.2003, # 357);
  • Resolution "On urgent measures on stimulation of private business development" (14.02.1995, # 55);
  • Resolution "On order of liquidation of enterprises that do not carry out financial and economic activity and generated statutory fund on terms established by legislation" (03.07.1999, # 327);
  • Resolution "On improvement of market activity" (12.08.2000, # 315);
  • Resolution "On improvement of the state registration of enterprises" (22.08.2001, # 347);
  • Procedures of micro-crediting farm economies be commercial banks, as well as other small enterprises acting as legal entities, in national and foreign currency " (29.02.00, # 2792);
  • Procedure of micro-crediting individual entrepreneurs and farm economies not acting as legal entities by commercial banks in national and foreign currency" (29.02.00, # 2716);
  • Regulation "On Private Business in the Republic of Uzbekistan" (14.09.99, # 2008);
  • Resolution "On the enactment of the Law of the Republic of Uzbekistan "On entrepreneurship and guarantees granted to entrepreneurs"" (14.04.99, # 2010);
  • Resolution "On improvement of the mechanism for stimulating development of small and medium-sized enterprises" (27.05.98, # 1892);
  • Procedure of the selecting of projects and providing foreign credits designed to develop small and medium-sized enterprises" (27.05.98, # 1891);
  • Resolution "On Measures of State Support to Light and Local Industry Development" (03.02.98, # 1938).

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