For micro and small enterprises, fixed assets mandatory annual revaluation abolished

02.01.2014  "UzReport"

      On December 25, 2013 President of Uzbekistan Islam Karimov signed a Resolution (PP-2099) "On key macroeconomic indicators and parameters forecast of the State Budget of Uzbekistan for 2014".
      According to the Resolution, starting from January 1, 2014 mandatory annual revaluation for micro and small enterprises has been abolished. Now these entities may revaluate them once every three years.