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Economy 27/01/2023 The main results of reforms in the field of entrepreneurship of Uzbekistan in 2017-2022
The main results of reforms in the field of entrepreneurship of Uzbekistan in 2017-2022

Tashkent, Uzbekistan (UzDaily.com) -- Experts from the Institute for Forecasting and Macroeconomic Research (IPMI) reviewed the main results of the reforms implemented in the field of entrepreneurship in Uzbekistan in 2017-2022.

Over the past six years, about 2 thousand laws, decrees and resolutions aimed at developing entrepreneurial activity have been adopted in the republic.

As a result:

- 114 types of licenses and permits required for doing business were cancelled;

-instead of 33 types of licenses and permits, a notification procedure has been introduced;

-from 13 to 9 the number of taxes has been reduced;

- reduced types of tax audits from 13 to 3;

- the value added tax rate was reduced from 20% to 15%;

- the social tax rate was reduced from 25% to 12%;

-import duties were canceled for 3.5 thousand items of goods, as well as excise tax - for 1.1 thousand goods;

-import duties on more than 3,000 types of goods have been significantly reduced.

According to the data, in 2022, of the total number of business entities operating in the republic, LLC is 54.2%, farms - 18.1%, private enterprises - 15.3%, family businesses - 9.4%, dekhkan farms - 1.9% and other forms of entrepreneurship - 1.1%

In 2017, the number of business entities amounted to more than 283 thousand units. As a result of the reforms implemented over the past 6 years in terms of developing and supporting entrepreneurship, this indicator by the end of 2022 exceeded 523 thousand units, or 1.8 times more than in 2017.

By the end of 2022, in Uzbekistan, the average number of entrepreneurs per 1,000 people was 15, in particular, the highest rate was noted in Tashkent - 36.8, in Navoi - 21.9 and in the Syrdarya regions - 18.1. At the same time, a low indicator is observed in such regions as Surkhandarya - 10.3 and Kashkadarya - 10.6.

By the end of 2022, the share of small and private entrepreneurship in the republic’s GDP reached the level of 54.9%, in construction it amounted to 72.4%, in the total number of employees - 74.4%.

 

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