Kosta Legal has successfully advised Toyota Central Asia FZE - an official Distributor of Toyota Motor Corporation - on its entering the Uzbek market by granting official dealership rights to an Uzbek company. This is the first official arrangement of such nature for the Japanese company in the Uzbek market and one of the first official car distribution transactions in the country. Gradual expansion is planned with a wider range of vehicles and ancillary services being offered.
Such an event can undoubtedly be called a breakthrough for the extremely closed Uzbek car market. Toyota Motor Corporation, as represented in the region by its official Distributor, Toyota Central Asia FZE, continues to hold its positions as one of the world largest company by revenue and the world's largest car manufacturer, producing more than 10 million vehicles per year.
Kosta Legal lawyers have extensive experience in advising motor vehicle dealers, companies operating in the industry of producing cars and components as well as foreign manufactures wishing to establish their distribution chains in Uzbekistan and encountering difficulties in the challenging local environment. Rigid protectionist legislation characterizing the industry and challenges in repatriation of profits are among the most pressing issues that are resolved by our experts.