Uzbekistan Doing Business 2020


Protecting Minority Investors



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UZB

Protecting Minority Investors:
Uzbekistan strengthened minority investor protections by increasing shareholders’ rights and role in major corporate decisions,
clarifying ownership and control structures and requiring greater corporate transparency.
Paying Taxes:
Uzbekistan made paying taxes easier by merging the infrastructure tax with the corporate income tax.
Trading across Borders:
Uzbekistan made trading across borders easier by introducing risk-based inspections and simplifying import documentary compliance.
Enforcing Contracts:
Uzbekistan made enforcing contracts easier by introducing a consolidated law on voluntary mediation, establishing financial incentives for the
parties to attempt mediation and publishing performance measurement reports on local commercial courts.
DB2019
Protecting Minority Investors:
Uzbekistan strengthened minority investor protections by clarifying the ownership and control structures of listed companies.
Paying Taxes:
Uzbekistan made paying taxes less costly by introducing new classification criteria for enterprises. The new classification allows small enterprises to pay
a single social contribution at a fixed rate, but not less than 65% of the minimum wage for each employee.
Trading across Borders:
Uzbekistan made trading across borders faster by introducing an electronic application and payment system for several export certificates,
reducing the time for export documentary compliance.
DB2018
Starting a Business:
Uzbekistan made starting a business easier by rolling out a new platform for business registration, starting with name verification as the first
step.
Dealing with Construction Permits:
Uzbekistan made dealing with construction permits easier by streamlining the process of obtaining approvals of land plot
allocations from various agencies.

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