Crowdfunding platforms are a method to reduce the shadow economy and improve the investment climate in the Republic of Uzbekistan.
DOI:
https://doi.org/10.47494/mesb.v23i.1260Keywords:
: Crowdfunding platforms, capital, shadow economyAbstract
The main obstacles to the development of crowdfunding platforms are the legal
frameworks in all countries of the world, including the developed countries such as the
United States and China, as well as European countries. There are positive aspects to the
development of this industry. For example, the Jumpstart Our Business Startups Act, or
JOBS Act, was passed in the United States. The law was signed into law by President
Barack Obama in 2012. It aims to encourage small business financing in the U.S. by
easing securities regulations. We came to a number of findings about the benefits of
crowdfunding platforms for owners of current projects as a result of our research.
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References
Presidental Decree of the Republic of Uzbekistan "On organizational measures to
reduce the shadow economy and improve the efficiency of the tax authorities" of
10.2020. № PD-6098.
Investing in Startups without Venture Investors: How the Crowding Market Works by
Ivan Kuznetsov, Nadezhda Korotchenko. https://vc.ru/finance/222366-investicii-v-startapybez-venchurnyh-investorov-kak-ustroen-rynok-kraudinvestinga.
Equity Crowdfunding platform launched in Uzbekistan
https://www.spot.uz/ru/2018/08/04/crowdfunders/
Uzbekistan ranked first in the shadow economy in Central Asia
Yuli Yusupov: "To bring the economy out of the shadows, it is necessary to radically
improve the business climate. https://kun.uz/ru/news/2020/07/29/yuliy-yusupov-chtobyvyvesti-ekonomiku-iz-teni-neobxodimo-kardinalno-uluchshit-biznes-klimat.
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