The foreign direct investments (FDI) have become a key source of growth in many transitional economies. Therefore, attracting the FDI into the national economy has become one of the objectives of the investment policy of Uzbekistan. Legal framework and regulation of attracting foreign investments in the Republic of Uzbekistan is based on the acts such as the Law on Foreign Investments, the Law on Investment Activity and the Law on Guarantees and Measures of Protection of the Rights of Foreign Investors” dated 1998. In order to create more favorable conditions for carrying out business activities, as well as to reduce, to simplify and to improve the investment procedures, the President of the Republic of Uzbekistan, Islam Karimov, issued a number of decrees.