UZBEKISTAN \u00a0\u00b7\u00a0 CORPORATE & COMMERCIAL<\/p>\n
Bond Stone advises international investors on corporate restructuring 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; Law “On Companies with Limited and Additional Liability” No. 310-I dated 6 December 2001 (as amended); Law “On State Registration of Legal Entities” No. 357-I dated 29 August 2003 (as amended). 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 Director & Management Changes<\/p>\n Appointment and removal of directors and managers \u2014 resolutions, updated constitutional documents (charter), state registration through the Uzbek registration authorities (Single Window\/EG platform), and notification to counterparties. Bond Stone manages the full process for foreign-invested Uzbek entities.<\/p>\n<\/div>\n Share Transfers & Ownership Changes<\/p>\n Transfer of participatory interests in Uzbek LLCs \u2014 compliance with mandatory pre-emption rights, notarisation where required, state registration of ownership changes, and tax authority notification. For EFI-status entities \u2014 maintaining the 15% foreign participation threshold and 400 million soum minimum charter capital post-transfer.<\/p>\n<\/div>\n Entity Mergers & Group Reorganisation<\/p>\n Merger of Uzbek entities \u2014 creditor notification, balance sheet consolidation, state registration, and update of regulatory licences. Group reorganisation for international companies with Uzbek subsidiaries \u2014 including insertion of holding structures above Uzbek operations and consolidation of multiple Uzbek entities.<\/p>\n<\/div>\n SEZ Status & Restructuring<\/p>\n Corporate restructuring of entities with SEZ resident status requires careful management to avoid triggering loss of SEZ benefits. Bond Stone advises on restructuring Uzbek SEZ residents \u2014 ensuring continuity of tax and customs exemptions and compliance with SEZ operating conditions through and after the restructuring.<\/p>\n<\/div>\n<\/div>\n Bond Stone has managed corporate restructuring mandates in Uzbekistan \u2014 director changes, share transfers, entity conversions, and group reorganisations for foreign-invested Uzbek entities across multiple sectors. Client confidentiality is maintained across all matters.<\/p>\n Director Change \u2014 Foreign-invested LLC<\/p>\n Restructuring \u00b7 Uzbekistan \u00b7 Corporate<\/p>\n Managing a director change for a foreign-invested Uzbek LLC \u2014 participant resolution, charter amendment, state registration through the Single Window platform, and bank mandate update.<\/p>\n<\/div>\n Group Reorganisation \u2014 Ownership Restructure<\/p>\n Restructuring \u00b7 Uzbekistan \u00b7 Cross-border<\/p>\n Advising on the restructuring of a foreign-invested Uzbek group \u2014 transfer of participatory interests between group entities, maintenance of EFI status, and restatement of constitutional documents in compliance with Uzbek company law.<\/p>\n<\/div>\n SEZ Entity \u2014 Charter Restatement<\/p>\n Restructuring \u00b7 Uzbekistan \u00b7 SEZ<\/p>\n Full restatement of charter and constitutional documents for an Uzbek SEZ resident entity following ownership changes \u2014 ensuring continuity of SEZ tax and customs exemptions and compliance with SEZ operating conditions.<\/p>\n<\/div>\n Share Transfer \u2014 EFI Status Maintained<\/p>\n Restructuring \u00b7 Uzbekistan \u00b7 Corporate<\/p>\n Managing a share transfer in a foreign-invested Uzbek LLC while maintaining EFI (enterprise with foreign investment) status \u2014 15% foreign participation threshold maintained, charter updated, state registration completed.<\/p>\n<\/div>\n Entity Merger \u2014 Two Uzbek Subsidiaries<\/p>\n Restructuring \u00b7 Uzbekistan \u00b7 Corporate<\/p>\n Advising on the merger of two Uzbek subsidiaries of a foreign group \u2014 creditor notification, state registration procedure, regulatory licence transfer, and post-merger charter restatement.<\/p>\n<\/div>\n Group Holding Restructure \u2014 Chinese Group<\/p>\n Restructuring \u00b7 Uzbekistan \u00b7 China<\/p>\n Advising a Chinese group on restructuring its Uzbek subsidiary ownership \u2014 transfer of participatory interests between group entities, ODI compliance considerations, and maintenance of EFI protections post-restructuring.<\/p>\n<\/div>\n IT Tech Park \u2014 Entity Restructure<\/p>\n Restructuring \u00b7 Uzbekistan \u00b7 Technology<\/p>\n Restructuring an Uzbek IT tech park resident entity following a change in ownership \u2014 confirmation of continued tech park eligibility, charter restatement, and updated registration with the tech park administration.<\/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 corporate restructuring in uzbekistan in Uzbekistan.<\/p>\n \ud83d\udce7 info@bondstonelaw.com<\/a> Request a Confidential Consultation<\/a> UZBEKISTAN \u00a0\u00b7\u00a0 CORPORATE & COMMERCIAL Corporate Restructuring in Uzbekistan Bond Stone advises international investors on corporate restructuring 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; Law “On […]<\/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-4624","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\/4624","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=4624"}],"version-history":[{"count":2,"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/pages\/4624\/revisions"}],"predecessor-version":[{"id":4626,"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/pages\/4624\/revisions\/4626"}],"wp:attachment":[{"href":"https:\/\/bondstonelaw.com\/ru\/wp-json\/wp\/v2\/media?parent=4624"}],"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 Commercial Contracts Uzbekistan<\/a>
\nPrivatisation in Uzbekistan \u2192<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"