Registration Individual entrepreneur in Uzbekistan

In Uzbekistan, an individual entrepreneur (IE) can be either a resident or a foreign citizen, which opens up a wide range of opportunities for starting a business. State registration of non-residents is carried out under the same conditions as for local citizens.

FEATURES:

Commercial activity without forming a legal entity;
Possibility of paying a flat tax or personal income tax based on a declaration of total annual income;
Minimum reporting;
Entrepreneurial activity from the special List of types of activity;
To make registration need to be present in person at the authorized registration authority or have the technical capability to apply online through the automated system of state registration and registration of business entities;
If an IE carries out an activity that is auxiliary to the main activity, a fixed tax is paid as for one type of activity;
IE have the right to engage in foreign economic activity;
Possibility to use the address of your own (for residents) or rented property (for residents and foreigners);
IE have the right to hire employees.

INFORMATION AND DOCUMENTS FOR REGISTRATION OF IE FOR FOREIGNERS:

Due to the fact that opening bank accounts for individual entrepreneurs is only possible with the personal presence of the entrepreneur, we recommend registering upon arrival in Uzbekistan.

The service includes:

1. Support in filing an application for personal ID and receiving it (1-2 business days);
2. Applying and receiving an EDS (1 business day);
3. Visiting the State Tax Service to fill out the Application, filing an application for IE registration, receiving an IE registration certificate (1 business day);
4. Preparing a seal sketch, making a round seal (1 business day);
5. Support in opening IE accounts in a bank, opening bank cards, receiving Internet banking (2-3 business days, depends on the Bank);
6. Consultation on taxes, reporting, managing a mobile application for paying taxes remotely.

The next need to have:

- a foreign passport with a visa (for citizens of countries with a visa regime);
- temporary registration;
- uzbek phone number registered by IE;
- 3x4 photo on a white background;
- the address of the business (it is possible to use only the address of the rented property);
- payment of state duties on site.

Price: negotiable price Timeline: 5 working days about
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