Business Formation & Investment in Tashkent

Company registration and investment protection in Uzbekistan

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

+998 (99) 140 3030

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Company Formation in Uzbekistan

Investment in Uzbekistan

Turnkey business setup in Uzbekistan

Company registration, taxes, bank, accounting, and support — you launch your business with peace of mind, and we take the process on ourselves.

Taxes and benefits

We will consult you on taxation, optimization, and benefits. We’ll help you choose the right regime and avoid risks.

Company registration

We will fully handle business registration and preparation of the document package. If needed, we will accompany you at government agencies.

Bank, account, and permits

We will select the optimal bank and current account terms. We’ll help with work permit paperwork and other mandatory procedures.

Accounting and reporting

We will set up accounting and regular reporting on favorable terms — until the company operates steadily and beyond.

Legal address and document workflow

We will provide a legal and physical address, establish order in documents and deadline control, so everything is “by the book”.

Support and growth

We treat your business like our own: we support, protect, and help you grow in the Uzbekistan 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.

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A fair price tailored to your situation and preferences.

+998 (99) 140 3030

Our contacts

Office location

Main Advantages for Investors

Key benefits, terms, and support tools for investors in Uzbekistan.

SEZs and IT parks — benefits and accelerated registration

Favorable conditions for launching a business under special regimes.

Corporate income tax — exemption for up to 10 years

VAT — exemption for up to 7 years

Property and land tax benefits

Exemption from customs duties

Additional regional and sector preferences

Lower tax burden if conditions are met.

Reduction of land, property, and water taxes

Taxation coefficient down to 0.1 for enterprises with FDI (subject to compliance with requirements)

Expanded support measures for priority sectors (incl. agro)

IT-Park Uzbekistan — support for tech startups

A regime for IT companies and startups with long-term benefits.

Exemption from key taxes and duties until 2040

“Zero Risk” program: office/rent/installments, technical equipment

Salary compensation (benchmark 5–15%)
IT Park Ventures — $10 million fund

Investment law — residency and visa benefit

Major investors can obtain a long-term residence permit.

Investments over $3 million → residence permit for up to 10 years

We will help with preparation and end-to-end support of the process

Green Energy and Mining Industry

Separate incentives for “green” projects and mining.

50% reduction of corporate and property taxes (for 3 years) for “green” energy (valid until 1 September 2025)

For mining — relaxations and exemption from duties on equipment/materials

Privatization and Access to International Markets

The market is opening up, creating new windows for investors.

UzNIF: management by Franklin Templeton

Planned IPO of assets of about $1.7 billion (benchmark: early 2026)

Eurobonds of about $1.5 billion + growth of the fintech sector

Submit a Request

+998 (99) 140 3030

Our contacts

Office location

Business Formation & Investment in Tashkent

Company registration and investment protection in Uzbekistan

Submit a request

Trusted by

Turnkey business setup in Uzbekistan

Taxes and benefits

Company registration

Bank, account, and permits

Accounting and reporting

Legal address and document workflow

Support and growth

Useful Information for Starting a Business in Uzbekistan

1) Choose a company name

2) Determine the charter (authorized) capital

3) Prepare the company address

4) Define your business activities

5) Choose a tax regime

6) Company founders

7) Company director

8) Licenses and certificates

9) Do-it-yourself or professional support

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

Submit a Request

Main Advantages for Investors

SEZs and IT parks — benefits and accelerated registration

Additional regional and sector preferences

IT-Park Uzbekistan — support for tech startups

Investment law — residency and visa benefit

Green Energy and Mining Industry

Privatization and Access to International Markets

Submit a Request