Accounting in Uzbekistan: Navigating the Financial Landscape in Emerging Markets

Accounting in Uzbekistan: Navigating the Financial Landscape in Emerging Markets

Uzbekistan, a landlocked country in Central Asia, has been making noticeable strides in its economic reforms and business landscape in recent years. With a rich historical tapestry and a population exceeding 34 million, Uzbekistan is steadily emerging as a significant player in the regional economy. One critical area underpinning this economic growth is the field … Read more

Trademark Registration in Uzbekistan: A Comprehensive Guide

Trademark Registration in Uzbekistan: A Comprehensive Guide

The Republic of Uzbekistan, located in Central Asia, is a country that has been actively developing its legal and business environment to foster economic growth and attract foreign investments. As businesses in Uzbekistan and abroad seek to protect their intellectual property, understanding the process of trademark registration in the country becomes increasingly important. This comprehensive … Read more

Government Initiatives to Boost Foreign Direct Investment in Uzbekistan

Government Initiatives to Boost Foreign Direct Investment in Uzbekistan

Uzbekistan, a landlocked country in Central Asia, has emerged as a key player in the region with its rich culture, strategic location, and abundant natural resources. As the nation seeks to modernize its economy and further integrate into the global market, the government has introduced a series of initiatives to attract Foreign Direct Investment (FDI). … Read more

Recent Developments in Anti-Corruption Laws and Measures in Uzbekistan

Recent Developments in Anti-Corruption Laws and Measures in Uzbekistan

Uzbekistan, the most populous country in Central Asia, has been undergoing a broad transformation since President Shavkat Mirziyoyev took office in 2016. With an intensified push for economic reforms, improving the business climate, and opening up to international investments, addressing corruption has become a significant agenda for the government. In recent years, Uzbekistan has implemented … Read more

The Impact of Tax Policies on Small and Medium Enterprises in Uzbekistan

The Impact of Tax Policies on Small and Medium Enterprises in Uzbekistan

In recent years, Uzbekistan has emerged as a country with significant potential for economic growth and development. Central to this progress are Small and Medium Enterprises (SMEs), which play a vital role in the nation’s economy. However, the impact of tax policies on such enterprises remains a critical factor that shapes their growth and sustainability. … Read more

Bankruptcy and Insolvency Law in Uzbekistan: Processes and Implications

Bankruptcy and Insolvency Law in Uzbekistan: Processes and Implications

Uzbekistan, a central Asian country brimming with rich history and cultural heritage, is undergoing significant economic reforms to attract foreign investment and promote sustainable development. The nation’s legal framework, especially concerning bankruptcy and insolvency, is crucial for creating a stable business environment. This article delves into the intricacies of Uzbekistan’s bankruptcy and insolvency laws, along … Read more

Bank Accounts and the Banking System in Uzbekistan: A Comprehensive Overview

Bank Accounts and the Banking System in Uzbekistan: A Comprehensive Overview

The banking system in Uzbekistan has undergone significant transformation in recent years, adapting to modern financial standards to better serve its population and support the burgeoning economic landscape of the country. As Uzbekistan continues to open its markets and attract foreign investment, understanding the structure and features of its banking system becomes increasingly important. Historical … Read more

Step-by-Step Guide to Registering a Company in Uzbekistan as a Foreigner

Step-by-Step Guide to Registering a Company in Uzbekistan as a Foreigner

Uzbekistan, a charming country in Central Asia, stands out as a place of opportunities for foreign entrepreneurs. It is abundant with natural resources such as gold and natural gas. It also holds a strategic position being at the crossroads of the ancient Silk Road. Uzbekistan’s government has continued to streamline its regulatory environment and mobilise … Read more