{"id":4478,"date":"2026-07-12T14:10:27","date_gmt":"2026-07-12T09:10:27","guid":{"rendered":"https:\/\/bondstonelaw.com\/?page_id=4478"},"modified":"2026-07-12T14:10:27","modified_gmt":"2026-07-12T09:10:27","slug":"company-formation-in-uzbekistan","status":"publish","type":"page","link":"https:\/\/bondstonelaw.com\/ru\/company-formation-in-uzbekistan\/","title":{"rendered":"Company Formation in Uzbekistan"},"content":{"rendered":"

UZBEKISTAN  \u00b7  CORPORATE<\/p>\n

Company Formation in Uzbekistan<\/h1>\n

Bond Stone advises international investors on company formation in Uzbekistan \u2014 \u041c\u0427\u0416 and \u0410\u041e registration, branch and representative office accreditation, director appointments, sector licensing, and ongoing compliance. Our Tashkent team handles the full formation lifecycle on the ground.<\/p>\n

Uzbekistan has simplified its corporate registration process substantially since 2017. Standard \u041c\u0427\u0416 registration is completed within 1 business day via the new.birdarcha.uz portal. 100% foreign ownership is permitted across most sectors, no local partner is required, and no minimum charter capital applies to standard \u041c\u0427\u0416 formations. For companies with 15% or more foreign ownership (Enterprises with Foreign Investment \u2014 EFI), the minimum charter capital is 400 million UZS (~USD 31,000) and a 10-year legislative stability guarantee applies.<\/p>\n

Governed by: Law No. ZRU-598 dated 25 December 2019 “On Investments and Investment Activity”; Law No. 310-II dated 6 December 2001 “On Limited and Additional Liability Companies” (as amended); Presidential Decree No. UP-5495 dated 1 August 2018 (charter capital). Authority: lex.uz<\/a><\/p>\n

\n

Legal Structures<\/h2>\n
\n
\n

\u041c\u0427\u0416 \u2014 Limited Liability Company<\/p>\n

Most widely used structure. 1\u201350 participants. No minimum capital (standard \u041c\u0427\u0416). 400M UZS minimum for EFI (\u226515% foreign). 100% foreign ownership permitted. Foreign Director requires work permit before appointment. Registration via new.birdarcha.uz within 1 business day.<\/p>\n

1 business day<\/p>\n<\/p><\/div>\n

\n

\u0410\u041e \u2014 Joint Stock Company<\/p>\n

Required for banking, insurance, and capital markets. Open (O\u0410\u041e) and closed (\u0417\u0410\u041e) forms. Mandatory annual audit. Minimum capital set by sector regulator. Governed by Law No. 223-I on Joint Stock Companies (as amended).<\/p>\n

3\u20135 business days<\/p>\n<\/p><\/div>\n

\n

Branch Office (\u0424\u0438\u043b\u0438\u0430\u043b)<\/p>\n

May conduct commercial activities. Extension of parent \u2014 no separate legal personality. Registered with the Ministry of Justice. Foreign staff: max 40% of headcount, max 5 persons. Subject to Uzbek CIT (15%) on Uzbekistan-source income.<\/p>\n

15\u201320 business days<\/p>\n<\/p><\/div>\n

\n

Representative Office (\u041f\u0440\u0435\u0434\u0441\u0442\u0430\u0432\u0438\u0442\u0435\u043b\u044c\u0441\u0442\u0432\u043e)<\/p>\n

Non-commercial liaison and marketing only. Accredited with the Ministry of Investments, Industry and Trade (MIIT) under Cabinet Resolution No. 76 (07.02.2024). Accreditation: 1\u20133 years. Annual fee: 48\u00d7 BCU (~USD 1,582).<\/p>\n

5 business days (decision)<\/p>\n<\/p><\/div>\n<\/div>\n

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\u041c\u0427\u0416 Registration \u2014 Step by Step<\/h2>\n\n\n\n\n\n\n
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1<\/div>\n<\/td>\n
\n

Entity selection & structure advice<\/p>\n

Bond Stone reviews ownership structure, sector, and tax profile. For joint ventures with Uzbek partners, we advise on participant shares, pre-emption rights, and whether EFI status (\u226515% foreign ownership) is advantageous \u2014 EFIs receive 10-year legislative stability guarantees under the Investment Law (No. ZRU-598, 2019).<\/p>\n<\/td>\n<\/tr>\n

\n
2<\/div>\n<\/td>\n
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Charter drafting<\/p>\n

Bond Stone drafts the company charter (\u0443\u0441\u0442\u0430\u0432) in Uzbek \u2014 the mandatory language for Ministry of Justice registration. Since 2020, a foundation agreement is not required for \u041c\u0427\u0416s. An English parallel translation is prepared for the investor. Capital contribution deadline: 1 year from registration date.<\/p>\n<\/td>\n<\/tr>\n

\n
3<\/div>\n<\/td>\n
\n

State registration via new.birdarcha.uz<\/p>\n

Bond Stone files via the Unified State Register portal or at a Public Service Centre (PSC). Registration: 1 business day. TIN\/\u0418\u041d\u041d issued simultaneously. Company receives registration certificate and is listed in the state register. Operations may commence immediately.<\/p>\n<\/td>\n<\/tr>\n

\n
4<\/div>\n<\/td>\n
\n

Director appointment & work permit<\/p>\n

Critical:<\/strong> A foreign Director must obtain a work permit before assuming the role. Bond Stone manages the work permit application in parallel with registration. Processing: 15\u201330 business days. Supervisory board members (non-executive) do not require a work permit.<\/p>\n<\/td>\n<\/tr>\n

\n
5<\/div>\n<\/td>\n
\n

Post-registration compliance<\/p>\n

Bank account opening. Electronic Digital Signature (EDS) \u2014 required for tax filings and government portals. VAT registration where turnover exceeds threshold. Sector licence applications. Bond Stone provides full post-registration compliance support from our Tashkent office.<\/p>\n<\/td>\n<\/tr>\n<\/table>\n

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EFI vs. Standard \u041c\u0427\u0416 \u2014 Key Differences<\/h2>\n\n\n\n\n\n\n\n\n
Factor<\/th>\nStandard \u041c\u0427\u0416<\/th>\nEFI (\u226515% Foreign)<\/th>\n<\/tr>\n
Min. charter capital<\/td>\nNone (most sectors)<\/td>\n400M UZS (~USD 31,000)<\/td>\n<\/tr>\n
Legislative stability<\/td>\nStandard<\/td>\n10-year guarantee against worsening conditions<\/td>\n<\/tr>\n
Capital repatriation<\/td>\nPermitted after tax<\/td>\nGuaranteed unrestricted transfer<\/td>\n<\/tr>\n
Land lease right<\/td>\nStandard terms<\/td>\nUp to 50-year non-agricultural land lease<\/td>\n<\/tr>\n
CIT rate<\/td>\n15%<\/td>\n15% (sector exemptions may apply)<\/td>\n<\/tr>\n
Registration<\/td>\n1 business day \u2014 new.birdarcha.uz<\/td>\n1 business day \u2014 same portal<\/td>\n<\/tr>\n<\/table>\n

<\/p>\n

\n

Why Bond Stone<\/p>\n

\u2726  Registered local entity \u2014 Bond Stone Legal Group \u041c\u0427\u0416, Tashkent (Modera Towers, 2 Shota Rustaveli Street)<\/p>\n

\u2726  Full service \u2014 charter, registration, work permit, bank account, EDS, sector licence on one mandate<\/p>\n

\u2726  TIFC advisory \u2014 first-mover positioning across both the AIFC and the new Tashkent International Financial Centre<\/p>\n

\u2726  Ranked Legal 500 EMEA and IFLR1000 \u2014 regional recognition covering Uzbekistan<\/p>\n<\/div>\n

Primary legal authority: lex.uz<\/a><\/p>\n

Bond Stone Uzbekistan office: Tashkent \u2014 Modera Towers<\/a><\/p>\n

\n

Start your Uzbekistan formation<\/h2>\n

Contact Bond Stone’s Tashkent team for a confidential discussion about your entity structure and formation timeline in Uzbekistan.<\/p>\n

\n\ud83d\udce7 info@bondstonelaw.com<\/a>
\n\ud83d\udcde +998 97 415 04 80<\/a>\n<\/p>\n

\nRequest a Confidential Consultation<\/a>
\n\u2190 Business Formation Uzbekistan<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

UZBEKISTAN  \u00b7  CORPORATE Company Formation in Uzbekistan Bond Stone advises international investors on company formation in Uzbekistan \u2014 \u041c\u0427\u0416 and \u0410\u041e registration, branch and representative office accreditation, director appointments, sector licensing, and ongoing compliance. Our Tashkent team handles the full formation lifecycle on the ground. Uzbekistan has simplified its corporate registration process substantially since 2017. […]<\/p>\n","protected":false},"author":4,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-4478","page","type-page","status-publish","hentry"],"translation":{"provider":"WPGlobus","version":"3.0.2","language":"ru","enabled_languages":["en","ru"],"languages":{"en":{"title":true,"content":true,"excerpt":false},"ru":{"title":false,"content":false,"excerpt":false}}},"_links":{"self":[{"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/pages\/4478","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/comments?post=4478"}],"version-history":[{"count":2,"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/pages\/4478\/revisions"}],"predecessor-version":[{"id":4480,"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/pages\/4478\/revisions\/4480"}],"wp:attachment":[{"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/media?parent=4478"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}