Adopts new investment law enhancing facilitation and guarantees
14 May 2025
On 14 May 2025, Tajikistan adopted the Law “On Capital and Promotion of Investment Activity” (No. 2173), replacing the 2016 Law “On Investments”. The new law introduces a 15-year stability guarantee and establishes a public investment management framework aimed at improving coordination of external assistance and budgetary financing. It strengthens investment facilitation by mandating an authorized State body to coordinate investment-related activities across government, and by providing for a government-level coordination council to enhance policy coherence and cooperation with development partners and investors.
The law incorporates the principles of fair and equitable treatment and the minimum international standard of treatment, and enhances transparency by clarifying that unpublished legal acts are not binding on investors. It provides for State support mechanisms and investment privileges, including through investment agreements, and allows for investment insurance through domestic and international insurers. The framework also protects intellectual property related to foreign investment, introduces electronic reporting requirements for foreign investors, and applies to existing investments only where it offers more favourable conditions.
Nature of measure:
-
Facilitation
-
Other regulatory changes
-
Incentives
Type:
-
Treatment and operation (Other)
-
Promotion and facilitation (Investment facilitation , Investment incentives)
Industry:
Inward FDI:
Yes
Outward FDI:
No
Sources:
