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Uzbekistan 27/11/2023 How to get into the “regulatory sandbox”
How to get into the “regulatory sandbox”

Tashkent, Uzbekistan (UzDaily.com) -- Resolution of the Cabinet of Ministers “On measures to introduce a special legal regime of the “Regulatory Sandbox” was adopted.

The document approved the Temporary Regulations on the procedure for implementing the “Regulatory Sandbox”.

 “Regulatory sandbox” envisages special regulation of the activities of business entities that are legal entities to test new products and services or the results of other intellectual activity based on modern technologies in a controlled, limited environment by area.

The authorized bodies are:

  • Ministry of Digital Development;
  • Ministry of Transport;
  • Ministry of Investment, Industry and Trade;
  • Ministry of Agriculture;
  • Ministry of Construction.

When making a decision to sell new products, services and work in this mode for the period specified in the agreement, obtaining a license and permits is not required.

The regime is implemented based on the following requirements:

  • the novelty of the project, based on modern technologies and improvements to existing products, services and works;
  • the absence of regulatory legal acts related to the implementation of the project, or the presence of prohibitions on activities in the legislation;
  • availability of technical capabilities to implement the project;
  • assessing the degree of harm to life, health and property of the individual, as well as state defense and security, the absence of such harm or taking measures to minimize them.

A request to test new products, services and work within the framework of the “Regulatory Sandbox” is submitted through my.gov.uz. It must be accompanied by information about the activity. There are no fees for reviewing your request.

The period for consideration of the request is 30 days, during which the authorized body conducts an on-site study. During the study process, a demonstration of the project is carried out, during which, with the consent of the entrepreneur, video recording can be made. If the decision is positive, an agreement is concluded with the business entity.

The maximum period for the sale of products, services and works within the framework of the regime is 3 years. Sales are carried out in a limited controlled territory.

 

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