21.08.2019
New excise tax rates are established by the Decree of the President of the Republic of Uzbekistan dated July 24, 2019 No. UP – 5771 “On measures to further improve the regulation of production and realization of certain types of excisable goods”.
Regulatory developments in the
legislation of the Republic of
Uzbekistan
Since July 1, 2019, changes came into force that will affect customs regulation, licensing, public procurement, investor relations, corruption risk assessment and many different sectors.
29.07.2019
The authorities of Uzbekistan decided to introduce a system of English law in the Navoi free economic zone
29.07.2019
In accordance with the Government Resolution (№ 609 dated 20 July 2019 г.), coordination, control and general management of the Agency’s activities, strengthening the material and technical base and organizing advanced training for Agency employees is carried out by the Ministry of Justice.
29.07.2019
President of Uzbekistan Shavkat Mirziyoyev signed the law “On Personal Data”.
29.07.2019
On 18 July 2019 President of the Republic of Uzbekistan Shavkat Mirziyoyev signed a Law “On Tourism”.
29.07.2019
Act provides some regulation on performance of currency operations with the use of electronic information systems (payment platform) of non-residents were regulated.
The Central Bank keeps the
refinancing rate at 16% per annum
By decision from 20 July 2019, the Board of the Central Bank kept the refinancing rate unchanged at 16% per annum.
Reorganization of
UZBEKNEFTEGAZ JSC
In the management system and organizational structure of JSC "Uzbekneftegaz", there have been significant changes.