RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of August 21, 2025 No. PP-255

About measures for regulation of the investing activities performed with use of modern information technologies

For the purpose of forming of the legal basis of implementation of investing activities in the country with use of modern information technologies, ensuring protection of the rights of investors by implementation of effective mechanisms of control in the field of, and also creations of additional opportunities in financing of business I decide:

I. Purposes

1. Determine main objective of adoption of this resolution legal regulation of more and more extending practice by attraction of financial resources of the population on investment projects, ensuring reliable protection of the rights and interests of citizens, and also implementation of transparent and effective mechanisms of implementation of investing activities with use of modern information technologies.

II. Alternative forms of investment attraction

2. Permit for the term of 1 October of 2025 till October 1, 2026 to use investment platforms in special legal regime "Regulatory sandbox" (further - special legal regime) in the following directions:

(a) in case of placement and implementation of securities;

(b) when financing venture and share funds;

(c) when contributing to partnerships in commendam.

3. Within special legal regime:

(a) the subjects of entrepreneurship who are the legal entity having the right to place projects on investment platforms, requiring investment attraction and also offers on participation in business activity by ownership of shares;

(b) investors have the right to perform investing activities by selection of the investment projects exposed on investment platforms and investments in them of means, and also to get by means of it profit;

(c) project management, implemented by means of investment platforms, can be also performed through investment and managing companies.

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