April 2026 was marked by several significant legislative developments affecting businesses and investors in the Republic of Uzbekistan. The reforms covered, among other areas, corporate law, financial technologies, e-commerce, and public procurement. The Tashkent team of VERBA LEGAL has prepared a legislative digest summarizing the key changes over the past month.
In this update:
1. Cashless payments for certain categories of goods and services
2. Changes to the regulatory sandbox framework in the capital markets sector
3. Introduction of a sandbox for stablecoin-based payments
4. Price preferences for domestic producers in public procurement
5. New version of the Law on Limited Liability Companies
6. Jurisdictional limitations and enhanced oversight of arbitration tribunals
Contributors: Managing Partner of the Tashkent office Bobir Karimov, Counsel, Attorney, Ernest Khachaturyan, Associates Sarvarbek Olimzhonov and Bobur Rakhmatov, and Paralegal Nigina Ibragimova.