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Research   >   Legislation updates

Legislation updates


Central Bank of Uzbekistan (CBU) adopted a resolution “On introduction of amendments to regulation on requirements to capital adequacy of commercial banks”.
In line with the document, now commercial banks cannot adopt decision on payment (announcement) dividends if their charter capital was not fully formed, except increasing charter capital via additional emission.
The banks also cannot pay dividends if the bank has insolvency (bankruptcy) signs or in case they appear after dividend payment.
 




Resolution of Cabinet of Ministers of The Republic of Uzbekistan dated December 21 2009 ? 322 “On approval of Regulation on procedure of development, approving and introducing amendments to property valuation standards”.
 




Resolution of President of The Republic of Uzbekistan dated December 22 2009 ? PP-1245 “On forecasting of main macroeconomic indicators and parameters of the State Budget of the Republic of Uzbekistan in 2010”. According to Resolution the income tax rate for legal entities is cut by one percent and set at 9 % in 2010, the income tax for commercial banks remains at 15 %. Minimal income tax rate for physical parties is cut by 1 %.




Resolution of Ministry of Economy, Ministry of Finance, State Committee of the Republic of Uzbekistan for Architecture and Construction dated November 2 2009 ?? 89, 105, 7 «On approval of Regulation on realization of monitoring on giving preferences to domestic producers during tenders announcement and conduction».
 




Resolution of Ministry of Economy, Ministry of Finance, State Committee of the Republic of Uzbekistan for Architecture and Construction dated November 2 2009 ?? 89, 105, 7 «On approval of Regulation on realization of monitoring on giving preferences to domestic producers during tenders announcement and conduction».
 




Board of directors of Central Bank of Uzbekistan resolution dated Feb. 23 2009 n. 5/2 «On alterations in Regulation on operations between banks and related persons». (Registered by Ministry of Justice of Republic of Uzbekistan dated Feb. 27 2009, n. 556-1)
 




Cabinet of Ministers of Republic of Uzbekistan resolution dated Jan. 29 2009 n. 27 «On arrangements for further perfection of order of selling of state assets »
 




Law of R.U. dated Jan. 14 2009 n. ZPU–199 «On introduction of changes and additions in some legislative documents of Republic of Uzbekistan because of perfection executive practice»...
 




Law of R.U. dated Jan. 14 2009 n. ZPU–199 «On introduction of changes and additions in some legislative documents of Republic of Uzbekistan because of perfection executive practice»...
 




A presidential resolution n. PP–1028 «Approval of international agreement»

A presidential resolution dated Jan. 5 2009 n. PP–1030 «Introduction of additions to Regulation of state registration of entrepreneurs and related subjects»...


 




 
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