Business Setup & Investment in Uzbekistan

Fast Business Launch and Capital Protection in Uzbekistan

From Consultation to a Fully Operational Company: Taxes, Accounting, Banking, and Permits. For Investors — Incentives, Risk Assessment, and Project Support.

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Company Formation in Uzbekistan

Investment in Uzbekistan

Our Organization Will Help You Start a Turnkey Business in Uzbekistan

What we offer:

We will provide a professional consultation on taxation, optimization, and incentives, introduce you to the key rules of doing business, and give practical recommendations.

We will fully handle the company registration process. If needed, we will accompany you to government authorities to resolve all issues promptly.

We will advise on the best options for opening a bank (current) account, assist with work-permit arrangements, and provide both a registered and a physical address.

We will set up and run your bookkeeping on the most favorable terms until your company reaches a stable operating level.

We will treat your organization as our own—protecting, supporting, and proactively facilitating its growth in the Uzbek market.

Useful Information for Starting a Business in Uzbekistan

10 Key Steps:

1) Choose a company name

There are specific rules and restrictions when selecting a name. We recommend preparing several options—we will check them and advise which ones are likely to be approved by the state registration system.

2) Determine the charter (authorized) capital

Set the size of the charter capital: from UZS 1,000,000 (≈ $85) and above.
If the capital is up to UZS 400,000,000 (≈ $31,000), the state fee is 1 BRV = UZS 375,000 (≈ $30).
If the capital is UZS 400,000,000 or more, the fee is 10 BRV = UZS 3,750,000 (≈ $290). In this case, the entity is automatically registered as an LLC (referred to in the source as “ИП ООО”).

The charter capital amount is fixed in the Articles, but it can be topped up within 12 months.

3) Prepare the company address

A registered (legal) address for the future office and the building’s cadastral number are required for registration.
We recommend finding premises in advance, obtaining a letter of guarantee, and confirming the cadastral number. After opening the current (settlement) account, you must conclude a lease agreement and register it in the system.

4) Define your business activities

Describe your primary and additional lines of business in detail. We will help you choose the correct OKED codes.

5) Choose a tax regime

An important step is selecting your tax system (with or without VAT). Most new companies start with the unified turnover tax — 4% of revenue, but the regime depends on your activity.
Taxes in Uzbekistan (2025):
Turnover tax: 4% (for annual turnover up to UZS 1 billion)
VAT: 12%
Corporate income tax: 15%
Social tax: 12%
Personal income tax (residents): 12%

6) Company founders

If a founder is an individual:
National and international passports
Obtain a personal PINFL code (personal identification number)
Register a SIM card to the passport and PINFL
Obtain an EDS key (Electronic Digital Signature) — allows remote management of the company

7) Company director

If the director is a non-resident, a work permit must be obtained within 3 months (issued by the Ministry of Labor for 6 or 12 months).

The company is obligated to pay the director at least the minimum wage and to remit the applicable taxes.

We can handle the work-permit process for you.

8) Licenses and certificates

Some activities require mandatory licensing or certification.
We assist with obtaining licenses; timelines and costs are determined individually based on the industry.

9) Do-it-yourself or professional support

You can register a company on your own, but it will require significant effort. By working with us, you receive a turnkey solution, and we assume full responsibility for the process.

10) Possible expenses and state fees When opening a company, you should budget for:

При открытии фирмы вас ожидают следующие затраты:
Obtaining PINFL
Obtaining a personal EDS key
Company EDS key
State registration fee
Company seal
Translation of the Charter (Articles of Association) into other languages (if needed)
Translation of other documents
Work-permit service + state fee
Consulting and turnkey company formation services
Support in choosing a bank and opening a current account
Accounting services
Legal services
Customs broker/declarant services (if required)

We accompany the entire process — from idea to a fully established company — so you can focus on growing your business in Uzbekistan.

Contact Us

For more information, get in touch or submit a request.

+998 (99)140 3030

Main Advantages for Investors

Free Economic Zones (FEZ) and IT Parks — Benefits and Fast-Track Registration

Significant tax and customs benefits are provided in FEZs and IT Parks:

exemption from corporate income tax for up to 10 years;

exemption from VAT for up to 7 years;

reductions in property and land taxes;

exemption from customs duties.

Additional Tax Incentives by Region and Industry

Reduction of land, property, and water tax burdens.

Reduction of the tax rate coefficient to 0.1 for enterprises with direct foreign investments under certain conditions.

As of June 23, 2025, incentives for investors in priority sectors — including agribusiness — have been expanded, allowing access to preferential loans of up to 15 million UZS per hectare.

IT Park Uzbekistan — Support for Technology Startups

Residents are exempt from corporate and personal income taxes, VAT, and customs duties until 2040.

“Zero Risk” Program: one year of free office space, preferential lease or installment purchase options, technical infrastructure, and salary compensation for employees (5% to 15%).

IT Park Ventures Fund ($10 million) supports startups through mentorship, acceleration, and investment opportunities.

Investment Law, Residency, and Visa Benefits

Foreign investors who invest more than $3 million are eligible for a residence permit in Uzbekistan for up to 10 years.

Green Energy and Mining Industry

Tax incentives: 50% reduction in corporate and property taxes for three years for companies in the green energy sector (valid until September 1, 2025).

Mining enterprises are granted tax relief and exemption from customs duties on equipment and materials.

Privatization and Access to International Markets

Management of the National Investment Fund (UzNIF) has been transferred to Franklin Templeton, which plans to conduct an IPO of assets worth $1.7 billion (banking and corporate sectors) in early 2026.

The issuance of $1.5 billion in sovereign Eurobonds and the active development of the fintech sector are creating new opportunities for foreign investors.

Contact Us

For more information, get in touch or submit a request.

+998 (99)140 3030

Business Setup & Investment in Uzbekistan

Fast Business Launch and Capital Protection in Uzbekistan

Оставьте заявку

We’re 20 years old — enjoy 20% off any service!

“BAT” is now closer and more convenient!

Our Organization Will Help You Start a Turnkey Business in Uzbekistan

Useful Information for Starting a Business in Uzbekistan

We accompany the entire process — from idea to a fully established company — so you can focus on growing your business in Uzbekistan.

Contact Us

Main Advantages for Investors

Free Economic Zones (FEZ) and IT Parks — Benefits and Fast-Track Registration

Significant tax and customs benefits are provided in FEZs and IT Parks:

Additional Tax Incentives by Region and Industry

IT Park Uzbekistan — Support for Technology Startups

Investment Law, Residency, and Visa Benefits

Foreign investors who invest more than $3 million are eligible for a residence permit in Uzbekistan for up to 10 years.

Green Energy and Mining Industry

Privatization and Access to International Markets

Contact Us