Tashkent—Global law firm Dentons has launched the 2021 edition of Doing Business in Uzbekistan. The publication provides guidance on setting up a business in Uzbekistan, investor incentives, tax, employment, intellectual property, construction and dispute resolution issues. It also gives insights into the most prominent recent legislative developments.

As one of the fastest growing economies in the world according to the World Bank, Uzbekistan continues to benefit from heightened international interest in its resource-rich economy, as well as a general global economic shift towards Asia. Uzbekistan has also introduced a wide range of reforms to encourage foreign investment, including liberalization of the foreign exchange system, reduction and optimization of taxes and mandatory contributions, and other structural reforms. The country now offers more than 20 free economic zones, inviting investors into the pharmaceutical, agricultural, tourist and other industrial sectors.

Doing Business in Uzbekistan is available for download free of charge here.

Dentons has been present in the Uzbek market for more than two decades. The team of experienced lawyers in Tashkent provides full service legal advice to foreign investors on cross-border transactions including acquisitions, investments and joint ventures as well as dispute resolution.

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