Small and medium business in the Republic of Tajikistan: features, trends and challenges

The article deals with the socio-economic role of small and medium-sized enterprises at the present stage. The basic tendencies of development of economy of the Republic of Tajikistan. The necessity of studying the characteristics of small and medium entrepreneurship in the Republic of Tajikistan. Important changes were listed in the article which requires in-depth study of the changes in economic structure, particularly for small and medium-sized business, and changes in its structure. There is an analysis of the state, the specificity and the description of the key problems of developing small and medium enterprises in the Republic of Tajikistan. To achieve this goal the author set and solved important tasks. There is a description of the concept of entrepreneurship and entrepreneurial activity which were embodied in the legislation of the Republic of Tajikistan. Highlight key trends in the development of small and medium enterprises in the Republic of Tajikistan at the present stage. The analysis of the structural features of the development of small and medium enterprises in the Republic of Tajikistan at the present stage. The role of the private sector was substantiated in the economy of the Republic of Tajikistan and its share in the total GDP of the country. There are analysis of changes in the number of small and medium-sized enterprises in the economy and the share of employment in small and medium enterprises in total employment in the Republic of Tajikistan. The specifics of small and medium enterprises in the Republic of Tajikistan were represented by the structure of business entities, depending on the economic activity. The author found the correlation coefficients for the original data on the structure of small business in the Republic of Tajikistan. Isolated set of challenges to the progressive development of small and medium enterprises in the Republic of Tajikistan.