Главная » Registration of Companies with foreign investments (JV LLC, FE LLC)

Registration of enterprises with foreign investments

To register an enterprise with foreign investment in Uzbekistan, it is necessary to fulfill 3 conditions when creating: Registration of enterprises with foreign investment takes place through an automated system of state registration and registration of business entities or in regional Public Service Centers. Registration of enterprises with foreign investment takes place in accordance with:

1. Law of the Republic of Uzbekistan on Limited and additional liability companies #310-II dated December 6, 2001 ;
2. Decree of the President of the Republic of Uzbekistan on measures for cardinal improvement of investment climate in the Republic of Uzbekistan #DP-5495 dated August 1, 2018 ;
3. Law of the Republic of Uzbekistan оn investments and investment activity #LRU-598 dated December 25, 2019 .

To register an enterprise with foreign investment in Uzbekistan, you must fulfill 3 conditions when creating:

1. The amount of an authorized capital must be not less than 400 000 000 UZS (or more than 200 000 000 UZS - for enterprises located and operating in the territory of the Republic of Karakalpakstan and Khorezm region);
2. One of the founders must be a foreign legal entity or foreign person;
3. The share of this foreign foreign legal entity or foreign person must be not less than 15% of the total amount of the authorized capital.


That is, the options for enterprises with foreign investment are as follows:
 

 

Joint venture in the form of LLC
(JV LLC)

Foreign enterprise in the form of LLC
(FE LLC)

The size of the authorized fund

not less than 400 000 000 UZS (or more than 200 000 000 UZS - for enterprises located and operating in the territory of the Republic of Karakalpakstan and Khorezm region)

not less than 400 000 000 UZS (or more than 200 000 000 UZS - for enterprises located and operating in the territory of the Republic of Karakalpakstan and Khorezm region)

Composition
of founders

the composition includes individuals and/or legal entities - residents of the Republic of Uzbekistan all founders are foreign individuals
and/or legal entities

Foreign share
in%

not less than 15% 100%

The full information required for the registration of an enterprise with foreign investments can be found by
filling out the Questionnaire of client (download here 
pdf).
 

Our service includes:
 

"STANDARD" PACKAGE *:

"PRO" PACKAGE *:

1. Consultation of one of two specialists to choose from: an auditor/accountant (choosing the type of taxation) or a lawyer;
2. Reservation a company name at the moment of our service order;
3. Attachment of personal ID of (founders/shareholders/directors) to the tax base; 
4. Development of a package of individual constituent, as well as other related documents (documents can be provided in Russian and Uzbek languages for a preliminary review);
5. Translation of documents and notarization of the translation (if the founders/shareholders are foreign legal entities);
6. Design of the preliminary sketch of round seal (of any design, tooling, and type) and corner stamp of the
enterprise for the advance approval;
7. Selection of a special code as the main type of 
enterprise's  activity 
(General State Classification of Economic Activities);
8. Submission the documents to a registering authority, receiving of GSCEA and TIN;
9. Production of round seal (of any design, tooling, and type) and corner stamp;
10. Preparation of documents for the Bank (resolutions / minutes of meeting etc.);
11. Providing the source files of the constituent documents in digital format, as well as the necessary samples of documents for the start of activity.

 


2-40.png Price: starting at 3 500 000 UZS (our service)
+ 3 000 000 UZS (government fee is paid by the client during the registration process)

40_1.png  Time line: 5-6 working days **


* this package of services is convenient for those founders/shareholders  
or their representatives are in Uzbekistan


** time line of registration of enterprise is 5-6 working days from the moment of providing full information in the questionnaire of client, originals of all documents from the founders/shareholders, approval of the charter and signing of documents by the founders/shareholders or their representatives  

1. Receiving personal ID for founders and Director remotely, it's attaching to the tax base;
2. Consultation of one of two specialists to choose from: an auditor/accountant (choosing the type of taxation) or a lawyer remotely;
3. Reservation a company name at the moment of our service order;
4. Assistance in registering a letter of guarantee from the lessor on the website of the State tax Committee (if necessary);
5. Development of a package of individual constituent, as well as other related documents (documents can be provided in Russian, Uzbek or English languages);
6. Translation of documents and notarization of the translation (if the founders/shareholders are foreign legal entities);
7. Design of the preliminary sketch of round seal (of any design, tooling, and type) and corner stamp of the 
enterprise for the advance approval;
8. Selection of a special code as the main type of
enterprise's activity 
(General State Classification of Economic Activities);
9. Submission the documents to a registering authority, receiving of GSCEA and TIN for
enterprise;
10. Production of round seal (of any design, tooling, and type) and corner stamp;
11. Preparation of documents for the Bank (resolutions / minutes of meeting etc.);
12. Providing the source files of the constituent documents in digital format, as well as the necessary samples of documents for the start of activity;
13. Submission of Form 8 to the State Tax Service on purpose;
14. Receiving EDS key of the
enterprise;
15. Registration of the Director in Unified National labor system of the Republic of Uzbekistan (for foreign employees, this is possible only after receiving license of employment).

 

2-40.png Price: starting at 7 000 000 UZS (our service)**
+ 3 000 000 UZS (government fee is paid by the client during the registration process)

40_1.png  Time line: 8-10 working days ***

 

* this package of services is convenient for those foreigners who would like to register an enterprise remotely, at the same time, the Director will be able to personally open enterprise's bank accounts in an Uzbek bank after registration

** this cost is relevant if the number of founders is no more than two. If the number of founders is more than two, the cost is on a separate request

*** time line of registration of enterprise is 8-10 working days from the moment of providing full information in the questionnaire of client, originals of all documents from the founders/shareholders, approval of the charter and signing of documents by the founders/shareholders or their representatives  

Required documents for registration:

a) from the founders-physical persons, citizens of the Republic of Uzbekistan:
- copies of passports with registration of all founders;

b) if the founders include a legal entity that is a resident of the Republic of Uzbekistan, then also necessary to provide:
- a copy of the Charter with previous amendments to the Charter (if any);
- a copy of the certificate of registration (guvohnoma);
- a copy of the passport of the Director of the legal entity.

c) if the founders include a foreign citizen, it is necessary to provide:
- in case if the foreign citizen in Uzbekistan: a copy of the passport with a temporary registration in Uzbekistan and visa, personal ID;
d) if the founders include a foreign legal entity, it is necessary to provide:

  1. an extract from the commercial register of a foreign legal entity at the place of registration or other document confirming the activity of this legal entity (the extract must contain: the full name of the legal entity, location, information of the person who has the right to sign on behalf of this legal entity). This extract must be provided only if this legal entity will be the sole founder. This extract is valid for 1 (one) year from the date of issue****;
  2. power of attorney for a representative (sample will be provided during the process of our work)****.

**** these documents (depending on the country of issue) must be provided in the form of a notarization, or with an Apostille, or with the legalization of the Consulate of the Republic of Uzbekistan.

Registration of LLC in Uzbekistan, registration a company in Uzbekistan, registration a company in Tashkent, registration LLC in Uzbekistan, registration LLC in Tashkent, LLC in Tashkent, how to registrate a Company in Uzbekistan, how to start a business in Uzbekistan, how to start a business in Tashkent, business in Tashkent, law companies in Tashkent, consulting in Tashkent, law companies in Uzbekistan, consulting in Uzbekistan, registration of JV in Uzbekistan, registration JV in Tashkent, registration of Joint Venture in Tashkent, registration a company for foreigners in Uzbekistan, registration a company for foreigners in Tashkent