DUSHANBE, May 17, Asia-Plus — President Emomali Rahmon yesterday signed the RT Law “On Amnesty for Physical and Juridical Entities Following Their Legalization of Property.”
According to presidential press service, the law adopted for the purpose of improving economic relations, protecting property rights of physical and juridical entities, improving investment climate and developing entrepreneurship in the country.
Tajikistan’s lower chamber of parliament (Majlisi Namoyandagon) considered and approved a bill requiring an amnesty for physical and juridical entities following their legalization of property at its regular sitting on May 11. During the session it was noted that the law is aimed at attracting property earned in violation of regulations governing business operations in legal economy, determining actual owners, as well as improving investment climate and promoting development of entrepreneurship in Tajikistan.
The legalization will be conducted only once and it will give physical and juridical entities an opportunity to legalize properties privatized in past years in accordance with normative documents but made over to other persons.
