11:46 / 10.11.2022
President grants several reliefs to entrepreneurs

President Shavkat Mirziyoyev signed a decree “On measures to simplify state regulation of business activities”.

Photo: Presidential press service

It provides for a number of benefits and reliefs for entrepreneurs.

In particular, in order to ensure the safety of services provided by business entities for human life and health, protection of their legal interests, environmental protection, as well as state security and creating favorable conditions for the development of entrepreneurship, normative-legal and technical regulatory documents will be introduced. The regulatory means specified in documents that are not considered such documents do not have legal consequences.

Also, from January 1, 2023, the following will be canceled:

- when a decision is made to reduce the authorized capital of the business entity, to inform the creditors in writing and announce it in the mass media;
- sale of new imported cars is carried out only by legal entities – official dealers of manufacturing enterprises;
- suspending the supply of electricity to legal entities that have consumed electricity in excess of the volumes specified in the electricity supply contract (monthly contractual amount);
- to register the employees hired by the individual entrepreneur in the Unified National Labor System in a separate account in the state tax service authorities.

In addition, from March 1, 2023, taxpayers will have the right to appeal directly to the court against the decisions made by tax authorities based on the results of mobile tax inspections and tax audits.

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