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Legate in The Legal 500 EMEA 2024

Legate in The Legal 500 EMEA 2024

LEGATE has once again received recognition from #thelegal500!
Many thanks to our clients for their trust and support, and to the exceptional talent of all our people in LEGATE, without whom this would not have been possible.
https://www.legal500.com/c/uzbekistan/leading-firms/

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Applicable law and jurisdiction clause: frequently asked questions

Applicable law and jurisdiction clause: frequently asked questions

Currently, Uzbekistan is becoming an attractive region for foreign companies and investors. New enterprises are being created, as well as shares in existing Uzbek companies are being purchased, businesses are being relocated from foreign countries, state assets are being acquired, and large projects are being carried out through permanent establishment. All these processes, of course, are accompanied by the conclusion of agreements and contracts.

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Some aspects of legal regulation of privatization issues in the Republic of Uzbekistan.

Some aspects of legal regulation of privatization issues in the Republic of Uzbekistan.

Privatization of State assets in the Republic of Uzbekistan is proceeding apace and Uzbekistan is demonstrating its political will to expand the privatization process and to attract both foreign and domestic investors.
At present, the sale of state assets is mainly regulated by decrees and resolutions of the President of the Republic of Uzbekistan, other by-laws. The Law "On Privatization", adopted in 1991, although not invalidated, does not contain all the relevant changes necessary to regulate the rapidly developing privatization process.

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