01.02.2023
On 30/11/2022, the Council of Ministers approved the Amendment of the Policy for the Registration of Companies in the Register of Foreign Interest Companies.
23.01.2023
A business entity where the owner of the property is a foreign entity (an individual or a legal entity from any foreign country) can be transferred to external management for the period up to 18 months by the decision of a regional or Minsk city executive committee (municipal body).
Foreign companies risk giving up their property to the state because of unfriendly actions of their states
The opportunity to seize any property of entities from foreign countries is introduced by Law No. 240-Z of January 3, 2023 "On Seizure of Property". State authorities will be able to seize any items and property rights found in Belarus.
Compulsory license and parallel import are introduced in Belarus
The Law No. 241-Z of January 3, 2023 adopted provisions which allow using certain IP objects without the consent of the right holder or an organization for collective management of property rights.
Business entities operating in Samarkand will be provided with benefits
The Resolution of the President of the Republic of Uzbekistan “On additional measures for the effective use of the tourism and transport potential of the Samarkand region, the development of the region based on the concept of “Samarkand is the tourist gate of New Uzbekistan”
The President of the Republic of Uzbekistan has approved a differentiated business support system
In order to reduce the economic gap between administrative-territorial units, as well as introduce radically new approaches to the development of districts and cities, improve the business environment, the President of the Republic of Uzbekistan signed a Decree "On measures to divide the territories of the republic into categories and introduce a differentiated business support system"