On August 2, 2018, SCHNEIDER GROUP hosted business breakfast on the topic “Doing business in Uzbekistan”. Two experts shared their knowledge and experience in the area. Nodir Ayupov, Head of SCHNEIDER GROUP office in Tashkent, and Florian Schneider, Russia managing partner from Dentons, presented a detailed market overview of Uzbekistan and analyzed investment opportunities for international businesses.
Nodir Ayupov started his presentation with the country profile and highlighted the fact that the country had woken up from 20 years of deep sleep and recently implemented some remarkable reforms. He covered historical and economic factors, supporting his speech with numerous facts and figures. Afterwards he moved on to the key industries and perspectives for foreign companies doing business in Uzbekistan.
Florian Schneider considered that aspect in the legislative context and spoke about tax regimes and respective accounting rules. He also emphasized the most issues of domestic and especially international human resource management, such as immigration rules and fines for non-compliance.
Overall, the business breakfast has a great success and most participants expressed their wish to be invited to further events connected with doing business in Uzbekistan. Lively discussions and a lot of questions to the experts showed the evidence of a big interest in the chosen topic.