President Shavkat Mirzoyoyev signed the Amending Some Legal Acts of the Republic of Uzbekistan Due to Adoption of Additional Measures Aimed At Improving the Business Climate in the Country Bill into Law.
The Law gives the tax authorities the power to suspend operations on taxpayers’ bank accounts in cases where a taxpayer is not located at the registered address, and if a taxpayer fails to submit tax or financial statements, and in cases of discrepancies in tax reporting following off-site control (before these measures were possible only through court ruling).
Also, the Law prohibits government bodies to demand company seal in documents or demand to certify documents with a seal.
The mediation procedure rules have been inserted into the Arbitration Courts Law, the Civil Procedure Code and the Economic Procedure Code.
For example, according to the addenda made to the Civil Procedure Code, the parties may end the case by making a mediation agreement in the court of first instance before the court leaves for separate room to take verdict.
Simplified resolution chapter, which provides for the settlement of disputes outside the court has also been inserted into in the Economic Procedure Code, according to which, law suits may be settled in simplified ruling, if the price of the suit against legal persons does not exceed twenty times the minimum wage (MW=200,000 UZS), and against entrepreneurs - five times the MW.
