Legal Alert: Tax laws reform of Mongolia

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Agency for Development of Small Business and Entrepreneurship under the Ministry of Economy and Industry has been established

This Regulation has been adopted in accordance with the Decree of the President dated August 13, 2019. The Agency for the Development of Small Business and Entrepreneurship (the “Agency”) carries out work to support the development of the entrepreneurial sphere in Uzbekistan and is accountable to the Ministry of Economy and Industry. The work of […]

The first cryptocurrency exchange has been opened in Uzbekistan

On January 20, 2020, the first crypto exchange named UzNEX has been opened in Tashkent with the assistance of the Kobea Group (South Korea). The distinctive feature of the cryptocurrency exchange is that citizens of Uzbekistan have a right to sell cryptocurrency at the exchange. At the same time, residents can use all the services […]

Amendments to the law on denationalization and privatization

Enterprises and organizations involved in the development, production and sale of explosives, as well as special materials and equipment for their production, are subject to denationalization and privatization by Decree of the President of the Republic of Uzbekistan.

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