Uzbekistan Doing Business 2020



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UZB

Getting Electricity:
Uzbekistan streamlined the process of obtaining an electricity connection by introducing a turnkey service at the utility that fulfills all connection-
related services, including the design and completion of the external connection.
Protecting Minority Investors:
Uzbekistan strengthened minority investor protections by increasing corporate transparency requirements.
Paying Taxes:
Uzbekistan made paying taxes easier and less costly by introducing an electronic system for filing and paying VAT, land tax, unified social payments, CIT,
infrastructure development tax, environmental tax, personal pension fund contributions and cumulative pension contributions. On the other hand, land tax rates were
increased.
DB2017
Registering Property:
Uzbekistan made transferring a property easier by increasing transparency of information.
Protecting Minority Investors:
Uzbekistan strengthened minority investor protections by clarifying ownership and control structures.
Paying Taxes:
Uzbekistan made paying taxes less costly by reducing the unified social payment rate paid by employers and the corporate income tax rate. However,
the land tax rates in city of Tashkent increased.
DB2016
Starting a Business:
Uzbekistan made starting a business easier by introducing an online one-stop shop and streamlining registration procedures.
Registering Property:
Uzbekistan made transferring property easier by eliminating the requirement to provide several different nonencumbrance certificates, though it
also increased the costs associated with property transfers.
Getting Credit:
Uzbekistan improved access to credit by adopting new laws on secured transactions that allow a general description of assets granted as collateral and
establish a modern, unified, notice-based collateral registry.
DB2015

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