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The Peculiarities of Encouraging the Transition of Untaxed Business to the Formal Sector

Gayratjon Nuralievich AlimardonovIndependent Researcher, Scientific Research Center “Scientific Bases and Problems of the Development of the Economy of Uzbekistan” under the Tashkent State University of Economics
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Abstract

This article is devoted to the peculiarities of encouraging the transition of untaxed business to the formal sector. In addition, some features of the untaxed (informal) business have been investigated, as well as the advantages of the shadow economy and recommendations on the transfer of untaxed business to the official one in Uzbekistan have been formulated.

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