Dentons US LLP

05/04/2021 | News release | Distributed by Public on 05/04/2021 06:39

Doing Business in Uzbekistan Guide

May 4, 2021

As one of the fastest growing economies in the world according to the World Bank, Uzbekistan is benefitting from the global economic shift towards Asia. Uzbekistan has also introduced a wide range of reforms to encourage foreign investment, including liberalization of the foreign exchange system, reduction and optimization of taxes and mandatory contributions, and other structural reforms. The country now offers more than 20 free economic zones, inviting investors into the pharmaceutical, agricultural, tourist and other industrial sectors.

The publication provides guidance on setting up a business in Uzbekistan, investor incentives, tax, employment, intellectual property, construction and dispute resolution issues. It also gives insights into the most prominent recent legislative developments.

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With Dentons as your legal counsel, you will benefit from a full-service firm with well-established roots in the Uzbek market for more than two decades. Our Tashkent office offers the services of top-tier, experienced lawyers, who are able to assist with a range of legal issues, provide cost-effective advice on various domestic matters, devise sophisticated solutions for cross-border transactions or disputes, and support you with respect to any opportunity involving foreign investment and/or joint ventures.