MPs of Legislative Chamber, representatives of Cabinet of Ministries, ministries and departments, Women’s Committee of Uzbekistan, Mahalla Foundation, Kamolot Youth Movement, Chamber of Commerce and Industry of Uzbekistan, Hunarmand Union and others participated at the conference.
It was noted that recently adopted law “On family entrepreneurship” will serve for development of family business in various areas of economy. It creates legal foundation for operations of family businesses.
The participants said that the law sets several preferences and benefits to family businesses, which open wide opportunities for businesses. In particular, received income, after payment of taxes and mandatory payments, will managed by family business participants and are not taxed. Family businesses are exempted from payment of single tax for income received from sales of applied art and works of handicrafts.
At the end of the conference, the participants adopted recommendations directed at explaining the law clauses among population.