UZBEKISTAN \u00a0\u00b7\u00a0 CORPORATE & COMMERCIAL<\/p>\n
Bond Stone advises international investors on commercial contracts in uzbekistan \u2014 from initial structuring through documentation, regulatory compliance, and post-transaction management. Bond Stone’s Tashkent office enables direct engagement with Uzbek authorities, registration bodies, and counterparties.<\/p>\n
Primary authority: Civil Code of the Republic of Uzbekistan No. 163-I dated 29 August 1996 (as amended); Law “On Investments and Investment Activity” No. ZRU-598 dated 25 December 2019. Authority: lex.uz<\/a><\/p>\n Uzbekistan \u2014 Market Context 2025<\/p>\n USD 145B<\/p>\n GDP \u2014 Central Asia’s second largest economy<\/p>\n<\/div>\n 7.7%<\/p>\n Real GDP growth \u2014 among the fastest globally in 2025<\/p>\n<\/div>\n USD 43B<\/p>\n Foreign direct investment in 2025 \u2014 up 1.6x year on year<\/p>\n<\/div>\n 17,000+<\/p>\n Foreign-invested enterprises operating in Uzbekistan<\/p>\n<\/div>\n<\/div>\n<\/div>\n Supply & Goods Contracts<\/p>\n International and domestic supply agreements for Uzbekistan \u2014 delivery terms, acceptance, quality standards, defect liability, payment mechanics, and currency provisions. Uzbekistan’s foreign trade has exceeded USD 81 billion in 2025, with exports growing 24% \u2014 generating significant demand for well-drafted supply contracts with Chinese, Turkish, and European counterparties.<\/p>\n<\/div>\n Distribution & Agency Agreements<\/p>\n Exclusive and non-exclusive distribution agreements for foreign manufacturers entering the Uzbek market \u2014 territory, exclusivity, minimum purchase obligations, sub-distribution rights, and termination. Over 17,000 enterprises with foreign investment operating in Uzbekistan \u2014 each requiring distribution and commercial contracts adapted to Uzbek civil law.<\/p>\n<\/div>\n Service & Consulting Agreements<\/p>\n Professional services, IT, consulting, and management service agreements under Uzbek law \u2014 scope, deliverables, payment, IP ownership, confidentiality, and liability. Bond Stone advises on structuring intercompany service agreements for multinational groups, including transfer pricing compliance under Uzbek tax law.<\/p>\n<\/div>\n Construction & Infrastructure Contracts<\/p>\n Construction output in Uzbekistan rose 14.2% in 2025 \u2014 generating significant demand for EPC, construction, and infrastructure contracts adapted to Uzbek law. Bond Stone drafts and reviews construction contracts for foreign contractors and developers, advising on Uzbek law-specific requirements for state-tendered projects and PPP arrangements.<\/p>\n<\/div>\n<\/div>\n Bond Stone has drafted, reviewed, and negotiated commercial contracts in Uzbekistan across manufacturing, trade, pharmaceuticals, and professional services sectors for Chinese, Turkish, UAE, and European clients. Client confidentiality is maintained across all matters.<\/p>\n Distribution Agreement \u2014 Foreign Manufacturer<\/p>\n Commercial \u00b7 Uzbekistan \u00b7 Distribution<\/p>\n Drafting and negotiating an exclusive distribution agreement for a foreign manufacturer entering the Uzbek market \u2014 territory, exclusivity, minimum purchase obligations, currency provisions, and TIAC dispute resolution clause.<\/p>\n<\/div>\n Construction Contract \u2014 Infrastructure Project<\/p>\n Commercial \u00b7 Uzbekistan \u00b7 Construction<\/p>\n Reviewing and adapting a construction contract for a foreign contractor on an Uzbek infrastructure project \u2014 Uzbek law-specific requirements for state-tendered projects, performance bond provisions, and delay liquidated damages.<\/p>\n<\/div>\n Supply Agreement \u2014 Cross-border Trade<\/p>\n Commercial \u00b7 Uzbekistan \u00b7 Trade<\/p>\n Drafting a cross-border goods supply agreement between a foreign supplier and an Uzbek importer \u2014 delivery terms, quality standards, acceptance procedure, currency and payment provisions, and force majeure under Uzbek civil law.<\/p>\n<\/div>\n Agency Agreement \u2014 Commercial Representative<\/p>\n Commercial \u00b7 Uzbekistan \u00b7 Agency<\/p>\n Drafting an agency agreement for a foreign company appointing an Uzbek commercial representative \u2014 distinguishing commercial agency from employment to avoid misclassification, commission structure, territory, and termination provisions.<\/p>\n<\/div>\n Technology Licence \u2014 Uzbek Distributor<\/p>\n Commercial \u00b7 Uzbekistan \u00b7 Technology<\/p>\n Drafting a technology licence and distribution agreement for a foreign licensor entering Uzbekistan \u2014 IP ownership, royalty structure, sublicensing rights, registration requirements, and TIAC dispute resolution clause.<\/p>\n<\/div>\n Pharmaceutical Supply Agreement<\/p>\n Commercial \u00b7 Uzbekistan \u00b7 Pharmaceuticals<\/p>\n Drafting a pharmaceutical supply agreement between a Turkish manufacturer and an Uzbek distributor \u2014 quality standards, regulatory compliance requirements, product registration obligations, and liability provisions under Uzbek civil law.<\/p>\n<\/div>\n Framework Agreement \u2014 Chinese Supplier<\/p>\n Commercial \u00b7 Uzbekistan \u00b7 China<\/p>\n Drafting a framework supply agreement between a Chinese supplier and an Uzbek buyer for ongoing goods deliveries \u2014 order procedures, pricing mechanics, currency provisions, CISG analysis, and force majeure under Uzbek civil law.<\/p>\n<\/div>\n<\/div>\n Uzbekistan \u2014 Investment Framework<\/p>\n \u2726 \u00a0100% foreign ownership permitted in most sectors \u2014 no mandatory local partner requirement<\/p>\n \u2726 \u00a0Enterprise with Foreign Investment (EFI) status confers additional guarantees \u2014 Law on Investments and Investment Activity No. ZRU-598 dated 25 December 2019<\/p>\n \u2726 \u00a028 Special Economic Zones, 389 Small Industrial Zones \u2014 tax and customs duty exemptions for qualifying residents<\/p>\n \u2726 \u00a0Active privatisation programme \u2014 29 SOEs being privatised in 2025\u20132026, IPOs and SPOs of 12 large state enterprises<\/p>\n \u2726 \u00a0Bilateral investment treaty network \u2014 50+ BITs providing treaty arbitration access for qualifying investors<\/p>\n \u2726 \u00a0Top FDI sources \u2014 China (25.6%), Russia (13.4%), Saudi Arabia (7.9%), Turkey (6.4%), UAE (5.8%)<\/p>\n<\/div>\n Uzbekistan \u2014 English Common Law Jurisdiction<\/p>\n Tashkent International Financial Centre (TIFC)<\/p>\n Established by Presidential Decree No. PD-48 on 31 March 2026 \u2014 English common law framework, independent TFSA regulator, Tashkent International Commercial Court, and tax exemptions until 2076. Bond Stone is positioning clients for TIFC entry ahead of the framework becoming fully operational.<\/p>\n Tashkent International Financial Centre \u2014 full guide \u2192<\/a><\/p>\n<\/div>\n Why Bond Stone<\/p>\n \u2726 \u00a0Tashkent office \u2014 direct engagement with Uzbek authorities, registration bodies, and local counterparties<\/p>\n \u2726 \u00a0Active Uzbekistan corporate practice \u2014 joint ventures, M&A, commercial contracts, and restructuring across energy, manufacturing, and trading sectors<\/p>\n \u2726 \u00a0Chinese investor expertise \u2014 Bond Stone advises Chinese investors entering Central Asia through Uzbekistan<\/p>\n \u2726 \u00a0Ranked Legal 500 EMEA and IFLR1000<\/p>\n<\/div>\n Primary authority: lex.uz<\/a><\/p>\n Contact Bond Stone for a confidential discussion about commercial contracts in uzbekistan in Uzbekistan.<\/p>\n \ud83d\udce7 info@bondstonelaw.com<\/a> Request a Confidential Consultation<\/a> UZBEKISTAN \u00a0\u00b7\u00a0 CORPORATE & COMMERCIAL Commercial Contracts in Uzbekistan Bond Stone advises international investors on commercial contracts in uzbekistan \u2014 from initial structuring through documentation, regulatory compliance, and post-transaction management. Bond Stone’s Tashkent office enables direct engagement with Uzbek authorities, registration bodies, and counterparties. Primary authority: Civil Code of the Republic of Uzbekistan No. 163-I […]<\/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-4622","page","type-page","status-publish","hentry"],"translation":{"provider":"WPGlobus","version":"3.0.5","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\/4622","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=4622"}],"version-history":[{"count":1,"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/pages\/4622\/revisions"}],"predecessor-version":[{"id":4623,"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/pages\/4622\/revisions\/4623"}],"wp:attachment":[{"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/media?parent=4622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nKey Considerations<\/h2>\n
\nExperience<\/h2>\n
\nInvesting in Uzbekistan<\/h2>\n
\nDiscuss your Uzbekistan matter<\/h2>\n
\n\ud83d\udcde +7 (701) 729 76 72<\/a><\/p>\n
\n\u2190 Legal Due Diligence Uzbekistan<\/a>
\nCorporate Restructuring \u2192<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"