If Uzbek law changes for the worse, am I stuck with it?

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No. For ten years from investing you may keep the law as it stood — and take any later change that helps. 10 years The law in force at the date of investing keeps applying — where later legislation worsens the conditions of investing. One way Improvements are yours to take — the investor may apply the new provisions that improve their position. From when For a new company, from the date of state registration. What counts Harder repatriation, caps on investment, limits on a foreign share, new visa procedures. No retroactivity Acts do not apply backwards where doing so harms the investor. Except National-security legislation is outside the guarantee. This is the provision a foreign founder should read before any other. Where legislation adopted after an investment worsens the conditions of investing, the law in force on the date of the investment continues to apply to that investor for ten years — and the guarantee runs one way only, because the investor may choose to apply any later provision that improves their position. For a company, the ten years run from the date of state registration. The law names what counts as worsening: additional requirements complicating repatriation or reducing the income transferred abroad, quantitative limits on the amount invested — including raising the minimum foreign investment in enterprises with foreign investments — limits on a foreign investor’s share in charter funds, and additional procedures for issuing or extending investors’ visas. Legislation made for national security is outside the guarantee, and how the clause is invoked in practice is not something the statute describes.

If Uzbek law changes for the worse, am I stuck with it?

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