Навбахор туман Хокимилиги хузуридаги Тадбиркорлик субъектларини давлат рўйхатига олиш инспекцияси томонидан

VIII. ACCOUNTING AND REPORTING.

8.1. Society determines its economic activities independently, determines prices for products and services based on market requirements.

8.2. The society performs accounting, financial and statistical reporting in accordance with the procedures and deadlines established by the legislation of Uzbekistan.
8.3. The material and technical base of society consists of fixed and circulating funds, as well as other material assets and financial resources. The funds of the society are fully at its disposal and cannot be withdrawn, except for the cases provided for by the laws of Uzbekistan.
8.4. In the company, based on the requirements of the legal documents, the staff schedule approved by the General Director, the procedure for paying the salary and motivating the employees will be introduced.
8.5. Independently defines professional knowledge and requirements for employees of the society.
8.6. Submits reports on the profits received to the financial, tax, and statistical authorities in accordance with the procedure established by law.
Control over the correct calculation of income and expenses of the society is carried out in accordance with the procedure established by the legislation of the Republic of Uzbekistan.
8.7. The correctness of the information on the accounting balance, profit and loss in the annual report presented to the General Meeting of Participants is confirmed by the conclusion of the Audit Commission.


IX. DISTRIBUTION OF INCOME (PROFIT) AND COVERAGE OF DAMAGES.

9.1. After all taxes and mandatory payments are paid, the funds remaining at the disposal of the Society constitute the society's income.

9.2. Makes all taxes and payments from income, including social security pension fund, rent payments, etc., in accordance with applicable laws.
9.3. The society forms the following funds:
Reserve fund in the amount of 15% of the charter fund of the society. The reserve fund is formed at the expense of 5% deductions from the net profit every year until it reaches the specified amount.
Other funds necessary for the financial and economic activity of the society.
The amount of funds to be formed is determined by the decision of the Founders' General Meeting.
9.4. The Company sells its products and services by money transfer or in cash at prices not prohibited by applicable law.
9.5. The company has the right to make a decision on the distribution of its net profit among the participants of the company every quarter of the year, once in half a year or once in a year. The decision to determine the part of the profit of the company to be distributed among the participants of the company is adopted by the General Meeting.
The part of the company's profit intended for distribution among the participants is distributed in proportion to their shares in the company's charter fund (charter capital).
9.6. Losses arising as a result of financial and economic activity will be compensated from the reserve fund of the Company, and if it is not enough, from the property of the Company or from the additional target shares of the Participants.