Foreign investors who want to start companies in Uzbekistan can benefit from the support provided by our local team. Below, we explain some of the main procedures for registering a business in this country in 2026.
Can foreigners open companies in Uzbekistan?
Yes, there are no restrictions regarding foreign citizens opening companies in Uzbekistan.
Do I need a local partner to set up a company in Uzbekistan in 2026?
No!
What types of companies are available in Uzbekistan?
Foreign investors can choose between the following structures:
- the limited liability company;
- the joint stock company;
- the Free Zone Limited Liability Company;
- the limited liability partnership
- sole proprietorship
Which is the most popular business structure in Uzbekistan?
The limited liability company is the most popular business structure in Uzbekistan.
What is the minimum share capital for an LLC in Uzbekistan?
There is no statutory minimum capital required by law; however, UZS 400,000,000 is the required initial capital for LLCs established by foreign investors in Uzbekistan.
What are the requirements for opening a Uzbek company?
- Office – A physical office address in Uzbekistan is needed.
- Name reservation – Must be done with the State Registration of Business Entities in Uzbekistan.
- Management – At least one shareholder and one director are required for opening an LLC in Uzbekistan.
- Paperwork – Articles & Memorandum of Association.
- Bank account – Must open a corporate bank account in Uzbekistan.
- PINI – Founders must apply and obtain the Personal Identification Number of an Individual (PINI).
- UDS – Unified Digital Signature (UDS) is required for opening an LLC in Uzbekistan.
- Tax registration – With local tax authorities that issue the Tax Identification Number (TIN) assigned to the company.
How do I open a corporate bank account in Uzbekistan?
The company representative is in charge of providing the company documents to the selected bank in Uzbekistan. Opening a bank account in Uzbekistan can also be done online.
Can I open a company in Uzbekistan remotely?
Yes, one of our Uzbek specialists in company formation can deal with all the formalities for this process.
Can I open a branch of a foreign company in Uzbekistan?
Yes, you can read more about the process here.
Do you need special business licenses/permits in Uzbekistan?
Yes, certain business licenses are needed for operating in the financial & insurance sectors, tourism, healthcare, etc.
How fast can I open a company in Uzbekistan?
It takes around 1-3 days to incorporate a company in Uzbekistan. Timeframe depends on the paperwork & bureaucracy.
What are the main taxes in Uzbekistan?
These are some of the most important taxes in Uzbekistan in 2026:
- CIT – 15%
- VAT – 12%
- PIT – 12%
- Turnover tax – Starting from 4%.
Are tax incentives available in Uzbekistan?
- no corporate income tax for companies operating in the Special Economic Zones of Uzbekistan (Agren, Navoi, Jizzakh, etc.), depending on the amount of investments.
- no VAT & custom duties for tech startups registered in the IT Park in Uzbekistan.
- reduced CIT (50%) for companies operating in the renewable energy sector.
- various tax exemptions on land, water use tax, properties, etc.
What types of company formation services do you offer in Uzbekistan?
- preparation of constituent documents and their registration with the Trade Register in Uzbekistan.
- company registration with the tax authorities in Uzbekistan;
- support for opening a bank account in Uzbekistan;
- representative agents for opening a company in Uzbekistan;
- assistance in registering for social contributions;
- we can secure a registered business address.
Do I have any post-incorporation obligations in Uzbekistan?
- annual financial reporting;
- filling annual tax returns;
- employment reporting;
- statutory audits for certain types of companies.
Please contact our local firm and ask for more details about the company formation services we offer in Uzbekistan in 2026.