Uzbekistan

​Uzbekistan is considered one of the most interesting growth markets in Central Asia. The reform course initiated by the Uzbek government in 2017 is already bearing fruit. These include improved business conditions, implementation of numerous joint venture projects between foreign and Uzbek partners worth more than USD 55 billion, privatisation of state-owned enterprises and general economic liberalisation of market access. This has awakened the interest of foreign companies in Uzbekistan.
 

Today, Uzbekistan is at the centre of attention not only because of its successful reforms, but also because of its location in the heart of Central Asia, rich natural resources, availability of a motivated and young workforce, low wage and ancillary wage costs and open-mindedness, especially towards international companies and investors. In view of the technological backlog demand in almost all economic sectors and the growing market for environmental technology, the country offers many business opportunities for companies.

In our office in Tashkent, we support our clients with an experienced and multilingual team of Uzbek and German lawyers and tax consultants in all matters relating to investments and projects in one of the most important future markets of Central Asia.