Main Trends of Doing Business in Uzbekistan
Temirov Xamid1, Mansurov Mansur2, Azimova Lola3, Urmanova Umida4, Mukhamedaminov Aziz5
1Temirov Xamid, Department of “Corporate management” of the Tashkent institute of textile and light industry, Tashkent, Uzbekistan.
2Mansurov Mansur, Department of “Corporate management” of the Tashkent institute of textile and light industry, Tashkent, Uzbekistan.
3Azimova Lola, Department of “Corporate management” of theTashkent institute of textile and light industry, Tashkent, Uzbekistan.
4Urmanova Umida, senior teacher of “Accounting, analysis and audit Department at the Tashkent State Agrarian University, Tashkent, Uzbekistan.
5Mukhamedaminov Aziz, Tashkent University of Information Technologies – Uzbekistan, Tashkent, Uzbekistan.
Manuscript received on November 20, 2019. | Revised Manuscript received on November 28, 2019. | Manuscript published on 30 November, 2019. | PP: 7622-7626 | Volume-8 Issue-4, November 2019. | Retrieval Number: D5351118419/2019©BEIESP | DOI: 10.35940/ijrte.D5351.118419
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: This article analyzes the possibilities and challenges of doing business in Uzbekistan through statistical indicators. While trends in business in Uzbekistan have been explored through the share of entrepreneurship in GDP, industry, employment, exports and imports, the World Bank’s “Doing Business “rankings are also relevant. The Doing Business rating analyzes business conditions in the country through a number of indicators, such as business registration, construction permits, loans, tax and taxation, international trade, investor protection. This system of indicators not only provides conditions for entrepreneurship, but also determines the country’s attractiveness for foreign investors. The main purpose of the research is to develop recommendations on how to address the challenges posed by the World Bank’s Doing Business rating affecting the investment attractiveness of Uzbekistan.
Keywords: Foreign Investment, “Doing Business” Rating, International Trade Index, Export, Import, Transport Infrastructure, Construction Permits, Tax, Tax Reports.
Scope of the Article: Construction Economics.