At the center of reforms

Today, special attention is paid for improving the position of Uzbekistan in various prestigious world ratings. For example, the Government and the Head of state have adopted relevant regulatory documents aimed to increase the rating of the state in the annual report “Doing Business”, published by the World Bank.

Rating “Doing Business” consists of 11 estimation indicators. The very first and key indicator for the business sphere is an indicator “Starting a business”.

The first step into the world of entrepreneurship begins with the Public Service Centers - this is the place where the business registration takes place. Therefore, the task of improving positions on this indicator are assigned to Public Services Agency under the Ministry of Justice. According to the results of the Doing-Business-2018 report, Uzbekistan ranks 12 out of 190 position of economic systems in the terms of the indicator of registration of entrepreneurs.

Today, due to creation of a special automated system, it is possible to register a business in the Public services centers in just 15-20 minutes. In addition, this procedure can be performed remotely - online. For stimulating and encouraging citizens to use electronic public services, various benefits and discounts were introduced in making payments. For example, when entity trying to register a business online 90% of the established state fee amount is paid. A huge work is being done in Uzbekistan for simplification the process of doing business.

For instance, the opportunity of opening a bank account simultaneously within the process of state registration of a business in a few minutes is also a good example of the job made in this area. For comparison, earlier this procedure took 1 business day.

For opening a current account, it was necessary to contact one of the branches of a commercial bank and provide a number of documents:  application for opening a bank account, samples of signatures and impressions of seals, constituent documents of the enterprise, an identity document of a person vested with the right to sign, a document confirming registration with the tax authorities, certificate of state registration, decision on the appointment of the director and accountant.

And only after providing these documents, a bilateral agreement of opening a bank account with the bank can be concluded.

This procedure is greatly simplified by the Public Services Agency. Now it is possible to open a bank account in national and foreign currency simultaneously with the registration of a business entity. The applicant fills out a questionnaire and in the process of state registration selects the desired branch of a commercial bank. At the same time, the conclusion of an agreement of opening a bank account occurs by accepting a public offer through the Automated system of registration and state registration of business entities. In total, this process takes no more than 30 minutes together with the business registration procedure. This service was launched in March of the current year. For this short period, about 10 thousand applications have already been received simultaneously to open a bank account in the process of state registration. 30% of applications were submitted electronically via the fo.birdarcha.uz platform.

Much work has been done to eliminate the bureaucratic components that have arisen in business registration sphere. For example, on March 1, 2019, the requirement of state bodies and other organizations to stamp the documents or to certify documents with a seal by business entities was canceled. Along with this, measures were taken to eradicate the practice of certifying the corresponding forms and forms with the seal of business entities.