of April 26, 2012 No. ZRU-327
About family entrepreneurship
Accepted by Legislative house on March 16, 2012
Approved by the Senate on March 23, 2012
The purpose of this Law is regulation of the relations in the field of family entrepreneurship.
The legislation on family entrepreneurship consists of this Law and other acts of the legislation.
If the international treaty of the Republic of Uzbekistan establishes other rules, than those which are stipulated by the legislation the Republic of Uzbekistan about family entrepreneurship then are applied rules of the international treaty.
Family entrepreneurship are the initiative activities performed by family members for the purpose of income acquisition (profit) on the risk and under the property responsibility.
The family entrepreneurship is based on voluntariness of his participants.
The family entrepreneurship can be performed with education or without formation of legal entity.
Form of business of the family entrepreneurship performed with formation of legal entity is the family company.
The family entrepreneurship without formation of legal entity is performed according to the procedure, established by the legislation. At the same time subjects of family entrepreneurship without formation of legal entity have the right to hire up to five permanent employees with the conclusion with them the employment contract, and also to attract as members of the subject of family entrepreneurship without formation of legal entity of other close relatives who reached working-age including spouses of children and grandsons, brothers and sisters, their spouses and children.
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