30 March 2023
On 24 December 2022, the new Civil Code was signed into law which will come into force starting from 1 July this year. We have only started to review this piece of legislation and, for now, offer you some of the novelties which it brought.
Understandably, a change of a legislative piece of such magnitude would assume an enormous amount of effort. And such would be the expectation of its outcome: to have something fundamentally better. The new Code provides only a few new concepts meeting, primarily, the requirements of international business. This is a small step towards transplanting Common Law system provisions into Tajik Romano-German Civil Code.
24 April 2022
On the scale of global crypto adoption and regulation Tajikistan is among the last and the least if compared to its closer or immediate neighbors. For instance, by adoption, Pakistan and Ukraine are in the world’s top 5 countries. In some sources, by regulation, Tajikistan scores profile of a ‘hostile’ country. Against this stance, countries like Estonia, Georgia, Kazakhstan, Uzbekistan and Kyrgyzstan have adopted a different approach: from being among ‘global leaders’ to being pragmatic.
But if to take a closer look, currently, crypto is neither legally banned nor legally restricted in Tajikistan. Strictly speaking, it is not legal either, a position which creates a grey area and which most of the counties in the world have accepted as fact.
19 January 2022
On 23 December 2021, new Tax Code of the Republic of Tajikistan was adopted by the Tajikistan Parliament. The Tax Code is in force since 1 January this year. Key changes related to the tax rates tax base/incidents include the following.
22 July 2021
As per Tajik Labor Law, termination of a labor contract is practicable for the Employers, however, there are certain grounds based on which the termination should be proceeded. In Tajikistan, the Labor Code is the main act that regulates labor issues and it stipulates the rights of the Employers to terminate the contract as well as highlights the process followed.
19 April 2021
This article describes various aspects of the operation of a foreign NGO/NPO/IO (not-for-profit organization) with an office in Tajikistan. It also speaks about the setting-up and liquidation of its operations in Tajikistan.
For the purposes of this article, NGO is a foreign or international not-for-profit organization and /or non-government organization, or a foreign corporation with non-for-profit status, and will be referred to below as the “Organization” or the “Office”.