RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of May 24, 2019 No. PP-4337

About measures for expansion of funding mechanisms and insurance protection of export activities

According to the resolution of the President of the Republic of Uzbekistan of December 20, 2018 No. PP-4069 "About measures for strengthening of assistance and stimulation of export", and also for the purpose of creation of necessary conditions for effective implementation of mechanisms of export and preexport financing, export credits insurance and risks:

1. Ceased to be valid according to the Presidential decree of the Republic of Uzbekistan of 10.11.2023 No. UP-193

2. Banking associations of Uzbekistan together with commercial banks to expand types of financing of the export companies, including by means of loan granting for replenishment of current assets.

3. Ceased to be valid according to the Presidential decree of the Republic of Uzbekistan of 27.12.2024 No. UP-228

4. Establish procedure according to which the legal entities having share of export of finished goods in total sales from sales of goods (works, services) of more than 50 percent following the results of the accounting period including through the broker (attorney), according to their statements are granted delay on the tax discharge on value added for up to 120 days from the date of adoption of the customs declaration when importing raw materials, components and materials used in case of production of the exported products.

To the Ministry of Finance, the State Customs Committee and the State Tax Committee of the Republic of Uzbekistan in two-month time to develop and approve procedure for provision of delay on the tax discharge on value added to the export companies.

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