25.11.2019
According to the bank's report, Tajikistan has risen to 106th place in the Doing
Business-2020 ranking.
Business-2020 ranking.
Uzbekistan rose to
69th place in “Doing Business”
ranking
Uzbekistan took 69th place in the annual ranking of the World Bank group's “Doing Business 2020” among 190 countries, gaining 69.9 points out of 100 according to the results of 2019.
Tajikistan cancels
state duty to start
and liquidate a business
The Government of Tajikistan cancels thenpayment of state fees for registration or liquidation of organizations and enterprises, regardless of the form and types of activity.
On ratification of the Agreement
between the Governments of
Kyrgyzstan and Turkmenistan on
elimination of double taxation and prevention of tax evasion with
regard to income taxes
The President of the Kyrgyz Republic Sooronbay Zheenbekov signed the Law of the Kyrgyz Republic "On ratification of the Agreement between the Government of the Kyrgyz Republic and the Government of Turkmenistan on the elimination of double taxation and prevention of tax evasion with regard to income taxes, signed on August 23, 2018 in Ashgabat.
GRATA International took part in
the VII Belarusian Forum of
Corporate Lawyers in Minsk
The law firm GRATA International was represented by a senior associate Olga Velishkevich, who was a speaker in the section “Trade schemes with offshores: practice and taxation with amendments ‘2019” on subject “Problems of opening accounts for non-residents around the world. New KYC Standards”.
The amount of VAT in Uzbekistan
is set at 15 percent
The President of Uzbekistan signed the Decree dated 26 September 2019 No.UP–5837 “On measures to further improve the tax policy of the Republic of Uzbekistan”.
29.10.2019
On 22 October, 2019, the President of Uzbekistan signed a new edition of the Law “On currency regulation”.
In 2020, new tax incentives will
appear in the textile industry of
Uzbekistan
The President of the Republic of Uzbekistan adopted a Resolution dated 16 September, 2019, No.PP-4453 “On measures for the further development of light industry and stimulation of finished goods production”.
Excise tax increase in Uzbekistan
In addition to the previously planned increase of excise duty for alcohol and tobacco products, in accordance with the Decree of the President of Uzbekistan dated 26 September, 2019 No.UP-5837 “On measures for further improvement of tax policy of the Republic of Uzbekistan” rates for oil products, gas, mobile communications and polyethylene granules will increase.
On the implementation of
agreements on the financing of
cross-border cooperation
It should be reminded that between Belarus and the European Commission a number of agreements have been concluded, including on financing cross-border cooperation (CBC), under which our country undertake to provide tax incentives and other preferences within CBC co-financing.
Additional taxes. In what cases to
be afraid and how to count?
According to the Tax code of the Russian Federation, legal entities, as well as individual entrepreneurs starting their commercial activities, can choose a General or simplified tax system.
The territory of “Jizzakh” free
economic zone is expanding due
to eight new regional small
industrial zones
On August 1, 2019, the Cabinet of Ministers adopted Resolution No. 643 "On measures to support the development of entrepreneurship and the expansion of industrial production in the Jizzakh region."