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Tax control and appealing procedure in Uzbekistan
Tax legislation of the Republic of Uzbekistan envisages 2 (two) types of tax control, which include tax inspection and tax monitoring. The former will be subject to further discussion in the following paragraphs.
Key legal aspects of labor migration in the Republic of Uzbekistan
Labor migration is a significant driver of global economic development, as millions of people relocate to other countries in search of improved work opportunities and living conditions.
Features and legal regulation of franchising in the republic of Uzbekistan
Franchising is a widespread and dynamically developing form of commercial cooperation in Uzbekistan. It provides unique local market opportunities for entrepreneurs and potential investors. In this article the main aspects of franchising in the context of Uzbek legislation will be considered, and key factors that must be considered before concluding a franchise agreement will be identified.
Disputes arising from jointventure agreements in Uzbekistan
In accordance with Uzbek legislation, as stipulated in Article 43 of Civil code, a legal entity acts on the basis of a charter, or a memorandum of association (constituent agreement) and a charter, or only memorandum of association.
Advertising and promotion of medicines and medical products
GRATA International’s specialists of the Pharmaceuticals & Healthcare sector released the product on “Advertising and promotion of medicines and medical products” in the following countries: Belarus, Georgia, Kazakhstan, Moldova, Mongolia, and Uzbekistan.
Business relocation to the CIS countries and Georgia
In a period of unprecedented geopolitical turbulence and associated financial and logistical challenges, many entrepreneurs are considering relocating their businesses to more politically and economically stable jurisdictions. An alternative to the countries of the European Union and offshore countries can be rapidly developing member states - Armenia, Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Tajikistan and Uzbekistan.
Opening a business in the countries of Caucasus and Central Asia
If you are interested in establishing a presence in a new market, restructuring your current operations, or expanding the geographical coverage of your business, the jurisdictions of Caucasus and Central Asia could offer a great potential from economic and legal standpoints. The region is strategically located between Europe and Asia, offering a unique position for companies who do business in both markets.
Tax changes in Uzbekistan from January 1, 2022
From January 1, 2022, the property tax rate for legal entities has decreased from 2% to 1.5%, but there have been set minimum limits for the value of buildings for calculating property tax of legal entities in absolute terms in the following amounts per 1 sq. m
Unfair competition: problems and methods of trademark protection in Uzbekistan
As of this date, cases of unfair competition are increasing not only in Uzbekistan, but all over the world which, in turn, affect both producers and consumers. As we can notice, the range of counterfeit products is not limited only to high-consumption goods; in the Uzbek market, they can also be found among famous brands of clothing, food products, infant formula, medicines and software.
Unfair competition in the use of intellectual property objects: problems and ways to protect a trademark
Intellectual property (IP) is one of the most valuable assets of any firm. However, in a world of widespread piracy and strong trends in the illegal use of intellectual property, the registration and protection of intellectual property is of strategic importance to reduce unfair competition.