Registering a company in Uzbekistan is a systematic process that entails selecting a company type, choosing a name, preparing documentation, and registering with the Agency for State Services and the State Tax Committee. By adhering to this guide and making use of the provided resources, you're well-equipped to successfully establish your business in Uzbekistan. Make sure you follow the requirements and guidelines to ensure a seamless registration process and a successful beginning for your company in this dynamic and promising market.
The first step in registering a company in Uzbekistan is to decide on the type of company you wish to register. The most common types are:
Prior to registering your company, you'll need to select a suitable name. The Agency for State Services (AGSS) has guidelines for acceptable names, which can be found at this link: http://my.gov.uz
Following that, prepare the necessary documentation for your chosen company type. The key documents are:
You will need to identify at least one director (for LLC and JSC) or one representative (for Subsidiary or a representative office of a foreign company). Directors or representatives must be at least 18 years old. Shareholders can be individuals or corporate entities.
Uzbekistan requires a minimum capital of 1,000 times the minimum monthly wage for LLCs, and no less than 400,000 times the minimum monthly wage for JSCs. There is no minimum capital requirement for subsidiaries or representative offices of foreign companies.
Once your documents are ready, you can submit your application to the Agency for State Services (AGSS). This can be done in person at their office or online via the following link: http://my.gov.uz
The fees for registering a company are as follows:
After your company is registered, you must register for taxes with the State Tax Committee of the Republic of Uzbekistan. This can be done in person at the local office or online via the following link: https://www.sti.uz
Depending on your business activities, you may need to obtain additional permits or licenses. Check with the relevant authorities and industry regulators for specific requirements.
The entire registration process, from preparing documents to receiving your Certificate of Incorporation, can take anywhere from 1 to 2 weeks, depending on the complexity of your application.