Karimkulov Jasur Imomboevich
Tashkent Institute of Finance, Doctor of economic sciences, Professor,
email: karimqulovj@mail.ru
ORCID: 0000-0002-9241-9153
Abdukakhorov Bekzod Utkir ugli*
Student of Tashkent Institute of Finance, Tashkent, Uzbekistan.
email: abdukaxaroff@mail.ru
ORCID: 0000-0001-5111-9042
Abstract. The article examines the activity of offshore areas directly related to the legalization of illegal money flows, which is one of the current problems of economic security. The objectives of their organization, the advantages and disadvantages of the operation of offshore regions are studied and analyzed based on the definitions of foreign economists. Also, the experience of developed countries in the world community (Netherlands, France, Italy, China) in the management of offshore areas was studied.
In addition, the impact of the COVID-19 pandemic, which has had a huge negative affect on the movement of investments, on the mobility of offshore regions and investments in them is interpreted based on statistical data.
Today, as a special type of special economic zones, offshore areas are remembered as areas that perform the function of dubious financial transactions and the laundering of criminal income, but the international practical experience of using offshore areas shows that offshore areas are regions that activate investment mobility and are becoming one of the modern approaches to effective investment management in international trade, investment, insurance, financial and other spheres of activity.
Effective management of investments in the market economy requires the development of new principles. In this regard, in our scientific research, in the effective management of investments, offshore areas included in the pursuit of special economic zones in the world community and their importance in ensuring the mobility of investments were analyzed, and general conclusions and suggestions were given based on the knowledge learned in the further activation of investment mobility in the world community.
Key words. offshore zones, special economic zones, economic security, investment climate, management of investments, tax burden, tax benefits, “tax haven”