Article 16. Conclusion of an intercompany contract

On contracting and legal basis of activity of business entities (670-I-son) · Date: 29.08.1998 · In force

An intercompany contract is concluded, as a rule, between a business entity and its structural divisions or between a business entity and its employee (group of employees).

In cases stipulated by law, business entities are obliged to ensure the conclusion of intercompany contracts for the production of goods, the performance of work, or the provision of services in an amount not less than what is specified in the business contracts concluded by them with other business entities.

The provisions of Articles 353 — 385 of the Civil Code of the Republic of Uzbekistan are applied to the intercompany contract, unless otherwise provided by legislation or the contract.

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National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz: lex.uz/docs/4403244

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Cite as: Article 16. Conclusion of an intercompany contract On contracting and legal basis of activity of business entities (670-I-son). neolex.uz/en/laws/law-10872/16 (lex.uz/docs/4403244)