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RESOLUTION OF THE PRESIDENT OF THE REPUBLIC OF UZBEKISTAN

of August 23, 2021 No. PP-5228

About additional measures for creation of the favorable investment climate, encouragement of small business and family entrepreneurship in the Surkhandarya region

(as amended of the Presidential decree of the Republic of Uzbekistan of 01.04.2022 No. UP-95)

For the purpose of encouragement of small business and family entrepreneurship, production and support of export of competitive products, and also further increase in system effectiveness of work "makhallabay" on employment and increase in the income of the population in the Surkhandarya region:

1. Allocate from Fund of reconstruction and development of means:

a) in equivalent of 100 million US dollars on the purpose of development of family entrepreneurship, including encouragement of effective use of garden plots of the population, from them:

in equivalent of 30 million US dollars - to NBU joint-stock company for a period of 7 years, including three-year grace period, at the rate of 10 annual interest rates and other commercial banks specified by bank by provision of financial resources under allocation of the credits for the projects realized by the principle "One makhallya - one products". At the same time commercial banks, including NBU joint-stock company, allocate the credits to subjects of entrepreneurship on the annual interest rate equal to the main rate of the Central bank;

in equivalent of 10 million US dollars - on financing of limonovodchesky projects in the Surkhandarya region due to increase in share of Fund of reconstruction and development in the authorized capital of JSB Turonbank;

in equivalent of 60 million US dollars - to NBU joint-stock company for a period of 7 years, including three-year grace period, at the rate of 7 annual interest rates and other commercial banks specified by bank by provision of financial resources for financing of projects of the "leading" subjects of entrepreneurship in the territory of makhally with the low level of social and economic development and rather high level of unemployment. At the same time commercial banks, including NBU joint-stock company, allocate funds to the "leading" subjects of entrepreneurship at the rate to two billion sum for each makhallyu on annual rate of 10 percent;

b) 50 million US dollars - to NBU joint-stock company for a period of 10 years, including three-year grace period, at the rate of 2,5 of annual interest rate and other commercial banks specified by bank by provision of financial resources for financing of new projects in the direction of production of import-substituting products and creation of necessary infrastructure in the area, and also providing exporters with current assets.

2. To khokimiyat of the Surkhandarya region:

a) in two-month time to develop and submit for approval in the Cabinet of Ministers forecast indicators of creation of new small subjects of entrepreneurship and workplaces in the region in 2022-2023;

b) in a month:

together with the Ministry of Economic Development and reducings poverty and commercial banks to study living conditions, wishes and requests, and also possibilities of the population makhally "with difficult conditions" on the basis of system of work "honadonbay";

approve "growth points" makhally "with difficult conditions". At the same time proceeding from labor skills of the inhabitants created long since in each makhalla to pay special attention to livestock production, poultry farming, subsidiary and greenhouse facilities as to the most effective "points of growth";

c) in two-month time together with commercial banks to select and fix the "leading" subjects of entrepreneurship for makhallyam with the low level of social and economic development and rather high level of unemployment in accordance with the established procedure;

d) take measures for establishing the business or attachment of the population makhally with the low level of the social and economic development and rather high level of unemployment which showed willingness to adjust business activity, to the "leading" entrepreneurs.

3. To the ministry of investments and foreign trade to take measures for financing of projects of creation of modern greenhouses in 2021-2022 in the Surkhandarya region at the expense of borrowed funds in equivalent of 50 million US dollars which are in addition attracted from the international financial institutions.

4. Agree with the offer of khokimiyat of the Surkhandarya region on decrease during the period from September 10, 2021 to January 1, 2024 for 50 percent of the established rate of the income tax for the new subjects of entrepreneurship (except for clusters) created in mountainous areas and areas with the salted land which list is determined by Kengash of the People's Deputies of the Surkhandarya region performing the activities with passing of registration in the above-stated areas.

To the Ministry of Finance to introduce to the Cabinet of Ministers the bill providing release for a period of up to January 1, 2024 of the new subjects of entrepreneurship (except for clusters) created in Bandykhansky, Kyzyryksky, Muzrabadsky and Sherabadsky districts of the Surkhandarya region and mountainous areas, areas with the salted land which list is determined by Kengash of the People's Deputies of the Surkhandarya region performing the activities with passing of registration in the above-stated areas from payment of the land tax levied from legal entities, the property tax of legal entities, the receipts tax, fixed amount of income tax for individual entrepreneurs in a month.

5. Exempt for a period of up to July 1, 2024 the companies of the local industry of the Surkhandarya region from customs payments (except for the value added tax and charges for customs clearance) the equipments which are not made in the Republic of Uzbekistan, used only for own production needs, component parts and spare parts imported according to the lists created in accordance with the established procedure.

6. Ceased to be valid according to the Presidential decree of the Republic of Uzbekistan of 01.04.2022 No. UP-95

7. Ceased to be valid according to the Presidential decree of the Republic of Uzbekistan of 01.04.2022 No. UP-95

8. Ceased to be valid according to the Presidential decree of the Republic of Uzbekistan of 01.04.2022 No. UP-95

9. Translate:

136,3 of hectare of low-profitable land in the Surkhandarya region from category of lands of agricultural purpose in category of lands of the industry according to appendix No. 3;

34 hectares of the low-profitable land of agricultural purpose located on contours 47G, 47B, 47K 46 territories of descent of citizens waved "Bandikhon" of Bandykhansky district, from category of lands of agricultural purpose in category of lands of nonagricultural purpose of settlements for the purpose of construction of complex of multi-storey apartment houses, the green avenue for rest and cultural pastime of the population, the cultural and educational center and entertaining objects according to the developed master plan of the district center;

454 hectares of pasturable lands on array "Surkhon dustlik sarkhad" the Termez district from category of lands of forest fund in category of lands of the industry.

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