Aziz Sattarov

Aziz Sattarov is our exclusively recommended Business Law expert in Uzbekistan on the Advisory Excellence website. If you need assistance in this area, please contact Aziz directly using the contact details listed above.

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ACCEPTUS LAW FIRM was founded in February 2021 by merging two old and most experienced law firms in Tashkent, such as “Reliable Lawyer” and “Strategy”, and today consists of highly qualified, competent, with many years of experience and unbending lawyers. The founders of the firm, namely its backbone are such lawyers as: Sattarov Aziz, Pashkovskiy Allan.

Doing Business in Uzbekistan:

The geographic, economic, and cultural centre of Central Asia is Uzbekistan. Uzbekistan is the most populous of the five former Soviet Central Asian countries, with an estimated 33 million people.

Union. The population of Tashkent, the capital of Uzbekistan, is around 2.5 million. The cities of Samarkand, Bukhara, and Khiva, which are situated along the historic Silk Road that connected Europe to the Far East, have seen a resurgence in trade and business in recent years. Every year, hundreds of thousands of visitors visit the famed mosques, madrassas, and other structures built during the reign of the great Uzbek warrior Amir Temur, who is credited with extensive Asian conquests.

Uzbekistan is nevertheless greater than the combined area of the United Kingdom, Belgium, Denmark, Switzerland, and Austria, despite not being the largest Central Asian nation in terms of size. It is the only nation that shares borders with Afghanistan and the other four Central Asian countries.

Uzbekistan’s western and central regions are exceedingly dry and desert. The Aral Sea basin, which is shared with Kazakhstan, has shrunk and lost much of its natural wealth as a result of decades of excessive irrigation and ecological mismanagement during the Soviet era. In addition to having generally temperate climates, the area around Tashkent and the Fergana Valley to the east are also fertile agricultural regions that provide fruit, vegetables, dairy products, and other foodstuffs to the rest of Central Asia and its neighbours.

Sofia Shaykhrazieva

Sofia Shaykhrazieva is our exclusively recommended Banking & Finance expert in Uzbekistan on the Advisory Excellence website. If you need assistance in this area, please contact Sofia directly using the contact details listed above.

Sofia is a partner and the firm-wide head of Centil’s banking and finance practice group. She has over 21 years’ legal experience, and focuses primarily on cross-border loan arrangements, bank acquisitions, aircraft leasing, sovereign guarantees and collateral. Her clients include international financial institutions, investment banks and consortia.

Prior to joining the Centil team, Sofia worked as a lawyer for the Tashkent office of a leading London-based international law firm.

She has considerable experience in the banking and finance sectors, advising on a wide range of issues including lending operations, project finance deals, and equity acquisition projects relating to Uzbek commercial banks and companies. In addition to advising clients in Uzbekistan, Sofia has worked on projects across other jurisdictions including Kazakhstan and Turkmenistan.

Sofia Shaykhrazieva is a graduate of the University of Oxford, and is recognised as a “Band 1” lawyer by Chambers Global, Legal 500 and Who’s Who: Legal CIS.

Firm Overview:

Centil’s Tashkent office was founded in 2005 when the country enjoyed a rapid increase in inbound investment, most notably in the energy and automotive sectors. Since then we have grown considerably and established ourselves within the domestic market, and are now rated as a Band 1 firm by Chambers and Partners, The Legal 500 and Practical Lawyer.

Our Tashkent team provides clients with full-service legal advice, with particular expertise in banking and finance, project finance, tax law advice as well as wider commercial and corporate work.

Our primary work is with clients in the automotive, energy, banking and textile industries, with wider expertise in the retail and consumer goods, food and drink, and telecommunications sectors.

Azizbek Akhmadjonov

Azizbek Akhmadjonov is our exclusively recommended Asset Finance Services expert in Uzbekistan on the Advisory Excellence website. If you need assistance in this area, please contact Azizbek directly using the contact details listed above.

Azizbek is the Head of Kosta Legal’s Real Estate and Asset Financing Teams. Azizbek advises on acquisition, financing, letting and disposal of all types of real estate in Uzbekistan, having particular knowledge of investment corporate purchases and development-related work for developers, local and foreign investors.

Azizbek also has significant experience in bankruptcy and foreclosure matters. Having led in many major real estate transactions and bankruptcy cases, Azizbek has been recognised as an Uzbekistan’s Leading Individual in The Legal 500.

Firm Overview:

Kosta Legal is a results-oriented law firm offering a wide range of legal services to both new entrants and well-established businesses in Uzbekistan with particular expertise to offer legal advice and services to foreign investors. Based in Tashkent, Uzbekistan, Kosta Legal works with multi-national and Fortune 500 companies, financial institutions (including regional development banks), the governments of different states, and small and medium-sized businesses, along with start-ups.

Uzbekistan is a Central Asian nation and former Soviet republic. It’s known for its mosques, mausoleums and other sites linked to the Silk Road, the ancient trade route between China and the Mediterranean. Samarkand, a major city on the route, contains a landmark of Islamic architecture: the Registan, a plaza bordered by 3 ornate, mosaic-covered religious schools dating to the 15th and 17th centuries.