Page 180 - Theoretical and Practical Interpretation of Investment Attractiveness

permits legal entity. It is prohibited to demand copies of documents relating to the supplier.
As a result, today registration of real estate in Uzbekistan is carried out in a much shorter time
than in France, Belgium, Israel, Argentina, India, Slovenia and similar countries.
Table 4.3.4
Doing Business 2020: Changes in Uzbekistan’s position
place I the
Criterion name difference
BD 2019 DB 2020
is I
1. Registration of commercial enterprises 12 8 +4

2. Registration of private property 71 72 -1
3. Obtaining loans 60 67 -7
4. Taxation 64 69 -5
5. Enforcement of contracts 41 2 2 +19

6. Resolution of insolvency 91 100 -9

7. Protection of minority investors 64 37 +27

8. Electrical connection. 35 36 -1

9. Obtaining construction permits 134 1 32 +2
10. Necklace trade 165 15 2 +13
General indicator 76 69 +7

Improving the mechanisms for securing collateral and creating a modern unified
collateral register, as well as improving and efficient work of the Credit Bureau “Credit
Information and Analytical Center” As a result of the implementation of the Laws of the
Republic of Uzbekistan “On the register of pledges”, “On the exchange of credit information”
and other legal documents aimed at increasing the step down).
group has not changed and the indicators of the top hundred countries are reflected .
These are indicators of contract performance and insolvency resolution. Uzbekistan retained
22nd place in contract enforcement and 100th place in liquidation of insolvency. Uzbekistan
also entered the top hundred countries in such areas as registration of rights to real estate
(72nd place), protection of minority investors ( 37th place).
The rating indicators of Uzbekistan, which by its position is not included in the hundred
countries, constitute the third group of the report rating. The last rating group indicates
unfavorable conditions for Uzbekistan. Our country has increased its position by 2 places in
terms of taxation, from 64th to 69th place.
It should be noted here that, according to the World Bank, the level of tax burden in
Uzbekistan is significantly lower than in the USA, Canada, Germany, Austria, France, Italy,
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