Over the past few years, Uzbekistan has been actively developing its tourism industry as one of the key drivers of economic growth. Simplified visa procedures, infrastructure investment, international marketing campaigns, and the expansion of air connectivity have significantly increased the…

Infrastructure development projects are becoming a key driver of Uzbekistan’s economic growth. In recent years, the government and private investors have been implementing large-scale initiatives across transportation, energy, and digital infrastructure.   For businesses, these developments represent more than just…

Uzbekistan’s real estate market is undergoing a significant phase of transformation. Against the backdrop of sustained economic growth, urbanization, and rising disposable income, developers and investors are actively reassessing their growth strategies.   Market participants increasingly recognize the need to…

In recent years, Uzbekistan has emerged as one of the fastest-growing economies in the region. Currency market liberalization, tax reform, active foreign investment inflows, and large-scale industrial development programs have positioned the country as a significant growth hub in Central…

Entering the Uzbek market requires strict compliance with national technical regulations. Without an official conformity certificate issued under the Uzstandard system, products cannot pass customs clearance or be legally sold in Uzbekistan.   Yasdar Consulting now offers end-to-end Uzstandard certification…

Introduction Over the past decades, the countries of Central Asia — Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan, and Turkmenistan — have attracted growing interest from Western companies and investors. When entering the region, many companies rely on ready-made business models that have…

Official reports and cross-cultural studies provide a basic understanding of Uzbekistan’s business environment. In practice, however, foreign executives often encounter nuances that are rarely documented: unwritten rules, long-standing Central Asian traditions, and “subtle signals” in communication.   This article offers…

Introduction Special Economic Zones (SEZs) and industrial (manufacturing) parks are among the key instruments of Uzbekistan’s investment and industrial development policy. The government actively uses these mechanisms to attract foreign direct investment, promote export-oriented manufacturing, introduce modern technologies, and create…

In recent years, Uzbekistan has become one of the most dynamically developing destinations for attracting Foreign Direct Investment (FDI) in Central Asia. In 2024, foreign direct investment amounted to USD 11.9 billion, while the total volume of investments reached USD…

In recent years, Uzbekistan’s investment policy has focused on creating a predictable and competitive tax environment. The Tax Code, presidential decrees, and government resolutions establish a broad range of incentives for investors, including exemptions from certain taxes, preferential treatment within…