Tashkent, Uzbekistan (UzDaily.com) -- From 1 January 2023, Uzbekistan introduces a special legal regime "Regulatory sandbox" for entrepreneurs.

On 9 November, President of Uzbekistan Shavkat Mirziyoyev signed a decree "On measures to simplify state regulation of business activities."

The Regulatory Sandbox mode envisages special regulation of the activities of business entities-legal entities to test new products and services or the results of other intellectual activity based on modern technologies in a controlled limited environment in certain areas

Within the framework of a special legal regime, business entities are allowed not to comply with the norms of certain acts of legislation through special regulation within the limited time, territory and persons in the areas of production, testing and introduction of new products and services.

Entrepreneurs are also allowed to carry out activities without licensing and passing through licensing procedures, with the exception of licenses and permit documents containing state secrets and information, access to which is restricted in accordance with the law.

A special legal regime is introduced on the basis of an agreement concluded separately for each project between the authorized body and the initiator.

Based on the results of the analysis of projects for which the “Regulatory Sandbox” regime has been introduced, a draft law “On a special legal regime” should be developed by 2025.