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Are you facing challenges while company registration in Uzbekistan? If yes, you are at the right place. We have successfully registered 1000+ companies in Uzbekistan, with a 99.8% success rate.
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The benefits of obtaining a Company Registration in Uzbekistan are as discussed below:
The documents needed to apply for Company Registration in Uzbekistan are provided below:
The eligibility criteria required for Company Registration in Uzbekistan are as provided below:
The types of Business Structures for company registration in Uzbekistan are as provided below:
The top businesses seeking Company Registration in Uzbekistan are as provided below:
The process to obtain a full Company Registration in
The post-company registration compliance requirements are as provided below:
Let Enterslice help you effortlessly launch and grow your dream business in Uzbekistan, ensuring full compliance with local laws and regulatory standards.
Uzbekistan, which stands out as an emerging gateway to Central Asia, allows access to a dynamic regulatory environment influenced by recent reforms, investment incentives, and sector-specific compliance requirements. With liberalized FDI policies and strategic trade agreements in place, Uzbekistan presents a promising landscape for global investors and entrepreneurs.
Company registration in Uzbekistan supports foreign investors with simplified regulations and investor-friendly policies aimed at encouraging investment and innovation. The foreign entrepreneurs are further empowered to access new markets, benefit from government-backed incentives and establish a strong regional presence, boosting cross-border trade opportunities.
Uzbekistan, which offers a unique combination of high-growth potential and affordability, is considered a great option for companies looking to expand their presence into Central Asia. Partner with Enterslice to ensure a smooth, end-to-end incorporation experience, without hidden charges or unnecessary delays!
Fast-Growing Economy with 6%+ GDP Forecast
15% Flat Corporate Income Tax (One of the Lowest in Asia)
Strategic Access to CIS, China, and Europe
Double Taxation Avoidance Agreements with 50+ Countries
Investor-Centric Economic Reforms & Free Economic Zones
Modern Infrastructure with Affordable Operating Costs
100% Foreign Ownership Permitted in Key Sectors
Favourable Visa and Residency Options for Investors
Transparent and Digitized Company Registration Process
The several common types of companies in Uzbekistan, available for both domestic and foreign investors are as discussed below:
A sole proprietorship, also known as Yakka tarrtibdagi tadbirkor in Uzbeek, is a simple business structure owned and run by a single individual, having full liability of all its business debts and obligations
A Limited liability company which is one of the most popular forms of businesses in Uzbekistan, offers limited liability to its shareholders, legal protection and operational ease for both local and foreign investors.
A joint stock company which is a form of legal entity separate from its shareholders, have shares publicly or privately held, making it ideal for larger enterprise or businesses seeking to raise capital through the sale of stock.
A representative office which serves as a liaison for a foreign company, is a business setup engaged in the business of market research and promotional activities. However, it cannot be engaged in commercial or revenue-generating operations in Uzbekistan.
A branch office of a foreign company enables carrying out commercial activities in Uzbekistan. It is not considered a separate legal entity operating under the parent company’s license and responsibility.
A partnership which involves two or more individuals or entities is form of business setup, having share in ownership and management responsibilities of the company.
A company with additional liability (CAL) is a business setup similar to an LLC, where the founder’s bears additional responsibility more than the proportion to the amount specified in the company’s charter.
A private enterprise is a commercial organization allowing a single individual to establish and run with a legal identity and some degree of separation form the owner.
The process to register a company in Uzbekistan involves compliance with the following steps, as discussed below:
Initially, the entrepreneurs must choose the right business structure based on their business goals, liability concerns, and industry standards.
The entrepreneurs must further reserve a company name through the Unified Portal of Interactive State Services.
In the next step, the entrepreneurs must prepare registration and all foreign documents, notarized and translated into Uzbek or Russian.
The entrepreneurs are further required to submit registration application along with the documents at the local office of the Ministry of Justice, Uzbekistan.
After registration, the entrepreneurs must apply for electronic digital signature, necessary for filing tax reports, online government services, and licensing procedure.
Upon the successful registration of company in Uzbekistan, the entrepreneurs must open a business bank account in any of the local banks of the country.
Next, the entrepreneurs must register for taxes with the State Tax Committee, and if they employ staff, register for the USP system for payroll taxes.
Lastly, the entrepreneurs must obtain a business stamp or seal from an authorized provider, facilitating official documentation of the company.
The estimated timeline for business registration in Uzbekistan typically ranges from 7 to 15 working days, depending upon factors such as business structure, foreign investment requirements, type of business activity, and completeness of documentation, as discussed below:
Choosing a business structure and a unique company name via the Unified portal of Interactive government services takes around 1 to 2 working days.
It takes around 2 to 3 working days to prepare and notarize company registration documents and establishment decisions.
The timeline to submit online documents to register a company via the Ministry of Justice takes around 1 to 2 working days, varying based on the type of activity and documents submitted.
It takes around 2 to 5 working days to open a corporate bank account in the local banks of Uzbekistan.
It takes 2 to 3 working days to secure a tax and social fund registration with the State Tax Committee and Pension/ Social Protection Fund for USP.
The time required to obtain sector-specific business licenses and permits varies based on the nature of the business license and the regulatory requirements of the respective authorities.
The documents needed for online company registration in Uzbekistan are as discussed below:
Standardized application form for company registration
Articles of Association or equivalent founding documents
Identification and address proof of company directors and shareholders
Description of proposed activities
Information on the business geography, directors, shareholders occupation
Resolution/ minutes of companies meeting
Copy of bank certificate confirming deposit of share capital
The foreign entrepreneurs applying for company formation in Uzbekistan enjoy the following benefits as discussed below:
The entrepreneurs seeking company formation in Uzbekistan get access to a politically and economically stable state offering a broad spectrum of an integrated system of measures to encourage the activity of enterprises with foreign investments.
Uzbekistan, which has undergone significant reforms in recent years, liberalises policies to improve the business climate, simplifying regulations and reducing bureaucracy, making it easier for investors to establish and operate businesses.
The entrepreneurs seeking company registration in Uzbekistan are backed by a secure and attractive environment and a strong government guaranteeing legal protection and full protection of rights under national legislation.
The entrepreneurs seeking company registration in Uzbekistan enjoy access to rich natural resources, including significant reserves of natural gas, gold, copper, uranium, and other minerals.
Company formation in Uzbekistan enjoys access to developed infrastructure, including transportation, energy, telecommunications, and logistics, creating investment prospects in infrastructure-related industries.
Company formation in Uzbekistan allows access to Special Economic Zones and industrial parks offering tax incentives, simplified customs procedures, and other benefits to attract foreign investors.
The legal requirements for company registration in Uzbekistan are as discussed below:
The list of top 10 industries and businesses obtaining a business license in Uzbekistan, a rapidly developing economy is as discussed below:
Top 10 Industries to Obtain Business License in Uzbekistan
Top 10 Businesses Seeking Company Formation in Uzbekistan
The post-corporate compliance in Uzbekistan involves fulfilling a range of administrative requirements after a company has been established. Here are some of the compliances as discussed below:
Enterslice is a trusted partner offering business setup and consultancy solutions to entrepreneurs establishing their company in the emerging markets of Uzbekistan. Have a look at the following reasons why Enterslice is the best choice for company registration in Uzbekistan:
Have a look at the following answers to the most asked questions:
Yes, foreign entrepreneurs are eligible to register a company with the local authorities of Uzbekistan.
Yes, Uzbekistan, which offers the following benefits, is considered an ideal place to start a business:
No, an Indian company license is not directly valid in Uzbekistan. However, it needs to register and establish a legal presence for conducting business operations in Uzbekistan.
The cost of company registration in Uzbekistan varies based on the type of business entity and specific services needed. However, the cost generally starts from UZS 400,000,000 for basic registration of an LLC in Uzbekistan.
The process to establish a company in Uzbekistan requires compliance with the following procedure or steps as provided below:
The standard business or corporate tax rate in Uzbekistan is 15%. However, a 20% rate applies to banks, mobile operators, manufacturers of polyethylene pellets, and profits of markets and shopping complexes.
An LLC, which stands for Limited Liability Company, is a common business structure in Uzbekistan that offers limited liability protection to its founders, not personally liable for all the company’s debts and obligations beyond their investment.
The cost to obtain a business visa in Uzbekistan for Indian citizens ranges from $40 to $80, varying based on the length of stay and specific details of the visit.
The list of business sectors or industries offering profitable business opportunities in Uzbekistan is as follows:
No, both the residents and non-residents working or carrying out their business operations in Uzbekistan are subject to the tax laws of the country.
The standard VAT rate in Uzbekistan is 12%, making it applicable to the sales value of products, works, and services.
No, Uzbekistan is considered a lower-income country with a developing economy, rather than a rich country.
Red Herring Top 100 Asia enlists outstanding entrepreneurs and promising companies. It selects the award winners from approximately 2000 privately financed companies each year in the Asia. Since 1996, Red Herring has kept tabs on these up-and-comers. Red Herring editors were among the first to recognize that companies such as Google, Facebook, Kakao, Alibaba, Twitter, Rakuten, Salesforce.com, Xiaomi and YouTube would change the way we live and work.
Researchers have found out that organization using new technologies in their accounting and tax have better productivity as compared to those using the traditional methods. Complying with the recent technological trends in the accounting industry, Enterslice was formed to focus on the emerging start up companies and bring innovation in their traditional Chartered Accountants & Legal profession services, disrupt traditional Chartered Accountants practice mechanism & Lawyers.
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