Regulatory Alerts2017-01-12 | ПФ-4931Added
On the Creation of Free Economic Zones "Urgut", "Gijduvan", "Kokand" and "Khazarasp"
The President of the Republic of Uzbekistan establishes four new Free Economic Zones (FEZs) in the Samarkand, Bukhara, Fergana, and Khorezm regions to attract investment for high-value-added production. The decree grants these zones a 30-year operational lifespan with special tax, customs, and currency regimes, and mandates the creation of FEZ directorities to manage operations via a one-stop-shop principle. It further requires government ministries to define land boundaries, develop infrastructure programs, and align legislation to support these zones, while extending specific preferential measures from a 2016 decree to the new entities.
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