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An online seminar on "The procedure for opening an individual investment account and its importance"

28.06.2024
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An online seminar on "The procedure for opening an individual investment account and its importance" was held by the National Agency of Perspective Projects, the Tax Committee, and the Ministry of Economy and Finance of the Republic of Uzbekistan. The event brought together issuers and professional participants of the securities market.

At the event, financial market experts elaborated on the procedures for opening an individual investment account (IIA), the benefits of IIAs, the nuances of their accounting, the use of tax incentives, and recent legislative developments in this area.

Furthermore, the seminar also covered the experience of foreign countries in implementation of individual investment accounts, as well as the prospects for developing such accounts in Uzbekistan. The seminar also delved into the nuances of using individual investment accounts (IIAs), including the range of available tax incentives and the potential future growth of funds placed in these accounts.

During the seminar, experts emphasized the relevance of IIAs as a new tool for increasing the attractiveness of investing in securities with the goal of encouraging greater citizen participation in investment activities to thereby improve their overall financial well-being.

 

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