Uzbekistan Doing Business 2020


Protecting Minority Investors



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UZB

Protecting Minority Investors:
Uzbekistan strengthened minority investor protections by introducing a requirement for public joint stock companies to disclose
information about related-party transactions in their annual report; setting higher standards for disclosure of such transactions to the board of directors; and
establishing the right of shareholders to receive all documents related to such transactions.
Trading across Borders:
Uzbekistan made trading across borders easier by reducing the number of documents to export and import and by making it possible to
submit documents electronically.
=
reform making it easier to do business.
= Change making it more difficult to do business.
Doing Business
Uzbekistan
Doing Business 2020
Page 66


DB2014
Starting a Business:
Uzbekistan made starting a business easier by abolishing the paid-in minimum capital requirement and by eliminating the requirement to have
signature samples notarized before opening a bank account.
Registering Property:
Uzbekistan made transferring property easier by reducing the notary fees.
Getting Credit:
Uzbekistan improved access to credit information by expanding the scope of credit information and requiring that more than 2 years of historical data
be collected and distributed.
Paying Taxes:
Uzbekistan made paying taxes easier for companies by eliminating some small taxes.
Trading across Borders:
Uzbekistan made trading across borders easier by eliminating the need to register import contracts with customs, tightening the time limits
for banks to register export or import contracts and reducing the number of export documents required.
Enforcing Contracts:
Uzbekistan made enforcing contracts easier by introducing an electronic filing system for court users.
DB2013

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