Enterprises with foreign investments
To register a foreign investment organization in Uzbekistan, 3 conditions must be met:
The size of the charter capital should not be less than 400,000,000 soums;
Must be a foreign legal entity or founder of a legal entity;
The share of a foreign legal entity or legal entity must be at least 15% of the total authorized capital.
A joint venture in the form of LLC (JV LLC):
Terms of registration:
- The authorized capital of the enterprise must be at least 400,000,000.00 soums.
- at least one of the founders of the joint venture must be a foreign legal entity or a legal entity with at least 15% share in the authorized capital of this JV LLC;
Foreign enterprise in the form of LLC (HK LLC)
Terms of registration:
- the size of the authorized enterprise must be at least 400,000,000 soums;
founders/founders of a foreign enterprise in a foreign legal entity(ies) or 100% authorized capital
Registration of enterprises with foreign investments is carried out in regional centers depending on the postal address of the organization.
The requirement for the participation of a foreign legal entity in an enterprise with foreign investments has been canceled. The state duty for state registration of enterprises with foreign investments has been reduced by 3 times.
Documents and information required for registration:
Company name;
Distribution of shares of founders (in percentages);
information on the amount of authorized capital;
Postal address of the company;
An extract from the commercial registration of a foreign company at the place of registration of a legal entity or another document confirming the activity of this legal entity (its content: the full name and address of the legal entity must be indicated) . This Protocol is valid for 1 year from the date of issue.
Power of attorney for representative (sample)
A copy of the passport of the Director / Genie. Business leaders
A copy of the passport of the Director / Genie. Business leaders
From the founders - individuals, citizens of the Republic of Uzbekistan:
- copies of registered passports of all founders;
1.1. If the founders include a legal entity - a resident of the Republic of Uzbekistan, then the following is necessary:
- a copy of the statute on previous amendments to the statute (if any):
- a copy of the certificate of registration (certificate)
- a copy of the passport of the head of the enterprise.
1.2. If the founders are foreign citizens, you must provide the following:
- in case of self-existence: a temporary residence permit and a visa, a copy of a passport with a passport.
– in case of loss: passport copy + main power of attorney for the representative
1.3. If the founders are foreign legal entities, then:
- an extract of the commercial registration of a foreign legal entity at the place of registration of the legal entity or another document confirming the activity of this legal entity (the extract must contain the following: full name of the person, location, legal entities; has the right to sign on behalf of this legal entity). This declaration is valid for one year from the date of issue:
- affidavit
- a copy of the registration certificate (if there is insufficient information about the application)
– Nizom nusxasi (agar arizada etarli ma’lumot bo’lmasa)
- a copy of the founding agreement (if there is insufficient information in the application)
Founding documents can be prepared by the founders or by them in agreement with a third party (consulting centers, legal firms, etc.). You can contact the nearest branch of the Chamber of Commerce and Industry, whose specialists will prepare the necessary documents based on the contract. The founders can use the model forms of the founding documents available on the official website of the Ministry of Justice.
After state registration, a newly established enterprise with the participation of a foreign investor will have the status of a legal entity and will have the right to carry out its activities. The registration procedure does not depend on the status of the established enterprise (TXI or PXI) - both of them are registered by the Unified Center for State Services to Business Entities on the principle of "One Window".
It is important for an individual founder to apply to the "One Stop Shop" center at the place of permanent residence or at the address of a legal entity. From April 1, 2017, it became possible to register online using the automated system of registration of business entities integrated with the corporate interactive portal of state services.
After state registration, a newly established enterprise with the participation of a foreign investor will have the status of a legal entity and will have the right to carry out its activities. The registration procedure does not depend on the status of the established enterprise (TXI or PXI) - both of them are registered by the Unified Center for State Services to Business Entities on the principle of "One Window".
It is important for an individual founder to apply to the "One Stop Shop" center at the place of permanent residence or at the address of a legal entity. From April 1, 2017, it became possible to register online using the automated system of registration of business entities integrated with the corporate interactive portal of state services.
Application (electronic request for registration via the Internet).
- the original copy of the founding documents in the state language (in one copy)
- a copy of the payment document confirming the payment of the specified state duty.
– In online registration: approval by Uzbekistan of each founder to join the ranks of founders (confirmation by e-mail).
– In online registration: EDS request certification for all foreign teachers.
- daytime state registration: power of attorney when presenting documents through the founder's representative (for foreign investors - translated into the state language and legalized).
Companies established by non-citizens of the Republic of Uzbekistan, enterprises with foreign investments, enterprises with foreign capital and other legal entities are subject to mandatory electronic digital signature through the state registration system for automation.
After state registration, enterprises open accounts and other accounts independently in banking institutions. The bank must provide a card with samples of signatures and a seal (pri yee nalichii) of the chief and chief accountant.