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Uzbekistan simplifies state regulation of entrepreneurial activities
On November 10, 2022, the President of the Republic of Uzbekistan signed the Decree “On measures to simplify state regulation of entrepreneurial activities” No. УП-244 (the “Decree No. УП-244”)
Uzbekistan withdraws a number of requirements regarding the activities of commercial organizations
Resolution of the President of the Republic of Uzbekistan “On measures to further improve the legal foundations of corporate relations” No. ПП-415 dated November 8, 2022 (the “Resolution No. ПП-415”) from December 1, 2022, withdraws the following requirements regarding the activities of commercial organizations:
The Labor Code of the Republic of Uzbekistan has been adopted in a new edition
A new edition of the Labor Code of the Republic of Uzbekistan (the “New Labor Code”) has been approved by the Law “On approval of the Labor Code of the Republic of Uzbekistan” No. ЗРУ-798 dated October 28, 2022.
Some customs duties for certain types of goods are canceled in Uzbekistan
The President of the Republic of Uzbekistan signed the Resolution “On measures to create additional amenities for the uninterrupted supply of industrial production with raw materials” No. ПП-392 dated October 12, 2022 (the “Resolution No. ПП-392”).
Uzbekistan strengthened requirements for the protection of personal data
Cabinet of Ministers adopted a Decree "On approval of some legal acts in the field of processing personal data" No. 570 dated October 5, 2022
22.10.2022
The Central Bank of Uzbekistan has approved the procedure for creating a special legal regime in the area of financial services
The Board of the Central Bank of Uzbekistan adopted resolution “On approval of the provision on the procedure of creation by the Central Bank of Uzbekistan of the special legal regime in the sphere of financial services”. No. 3391 dated October 4, 2022 (the “Regulation”)