A single register of mandatory requirements in the field of entrepreneurship will be introduced

President Shavkat Mirziyoyev was informed about the work being done to simplify business activities.
In accordance with the Decree of the President of the Republic of Uzbekistan "On Measures to Simplify State Regulation of Entrepreneurial Activities", based on the State Program for the Implementation of the Development Strategy in the "Year of Honoring Human Values and Active Neighborhoods",
entrepreneurs the requirements that hinder the modern operation have been revised and a number of reliefs have been introduced.
In particular, the means of state regulation of entrepreneurship were clearly defined. These are state registration, licensing and permitting, technical regulation, tariff and notary regulation, compulsory insurance, state control, protection of competition, establishment of liability.
Based on the analysis, many procedures have been shortened. For example, processes such as notifying creditors in writing when the authorized capital of a business entity is reduced, disconnecting it when electricity is consumed excessively, and placing employees hired by an individual entrepreneur in a separate account with tax authorities cause a lot of confusion. From January 1, 2023, such mandatory requirements will be abolished.
It is also planned to introduce a single register of mandatory requirements in the field of entrepreneurship. It will be formed in two stages and will be fully operational from July 1, 2025. It is prohibited to assign liability to the entrepreneur for claims not included in this register.
Also, starting from January 1, 2023, the practice of quarterly submission of financial reports to tax authorities and submission of 9 different statistical reports will be abolished.
After listening to the information of the officials, the head of state instructed to continue the work of effective implementation of this decree, simplification of business activities in our country, creation of a favorable business environment.






