The Ministry Of Justice Of The Republic Of Uzbekistan Is Preparing A Draft Business Code

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GRATA International
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GRATA International is a dynamically developing international law firm which provides services for projects in the countries of the former Soviet Union and Eastern Europe. More than 28 years 250 professionals in 19 countries advise major international and local firms. GRATA is recognised by Chambers & Partners, Legal 500, IFLR1000, WWL, Asialaw Profiles. GRATA is recognised by Chambers & Partners, Legal 500, IFLR1000, WWL, Asialaw Profiles.
Codifying business activities brings together approximately 5,000 legislative acts regulating the relationship between business and government. This will reduce business standards and conflicts between them.
Uzbekistan Government, Public Sector
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Codifying business activities brings together approximately 5,000 legislative acts regulating the relationship between business and government. This will reduce business standards and conflicts between them.

An analysis of legislation and practice in this area reveals the following problems:

  • Large number of legislative acts and documents;
  • Government intervention in business activities;
  • Underground economy, corruption;
  • Difficulties in licensing and obtaining permits;
  • Forceful sponsorship.

The project should not only eliminate problems and complement gaps, but also ensure stability, security and the best quality of service for business entities.

The draft will be available for discussion in September and October of this year.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

The Ministry Of Justice Of The Republic Of Uzbekistan Is Preparing A Draft Business Code

Uzbekistan Government, Public Sector
Contributor
GRATA International is a dynamically developing international law firm which provides services for projects in the countries of the former Soviet Union and Eastern Europe. More than 28 years 250 professionals in 19 countries advise major international and local firms. GRATA is recognised by Chambers & Partners, Legal 500, IFLR1000, WWL, Asialaw Profiles. GRATA is recognised by Chambers & Partners, Legal 500, IFLR1000, WWL, Asialaw Profiles.
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