Is it possible to register a legal entity in Uzbekistan online?
It is possible to register a legal entity in Uzbekistan online through an automated registration system integrated into the Unified Portal of Interactive Government Services (UPIS). When registering electronically, an application and constituent documents are provided.The rate of state duty for online registration is twice lower than the analogous rate for offline registration. The online registration does not require signing the documents with an electronic digital signature (exception - registration of a company by a foreign legal entity), it is enough to register on the EPISP. At the request of applicants, it is possible to use both standard forms of constituent documents offered by the system and attach scanned constituent documents to the application. It is possible to pay the state duty through the electronic payment systems operating in Uzbekistan.
What happens after filling out the application, constituent documents and payment of the state duty, the state registration system?
After filling in the application, foundation documents and payment of state duty, the system of state registration: ● checks information and assigns a taxpayer identification number (TIN), sends it to the Information System of the State Tax Committee (STC) to make an appropriate entry in the centralized TIN database; ● enters data into the Unified State Register of Business Entities (USRS); ● forms the state registration certificate, the constituent documents and sends them in electronic form to the applicant.
How long does it take to register a legal entity ?
The registration procedure for an individual entrepreneur or a legal entity takes 30 minutes.
Where can I register a legal entity offline?
It is possible to register a legal entity in Uzbekistan in person by applying to one-stop centers at the place of registration.
What documents are required to register a legal entity ?
Required documents: application, as well as foundation documents in paper form, payment of state duty for registration.
What should be done before registering a legal entity in Uzbekistan by a foreigner?
Before the registration, you need to perform the following actions: if you are a representative of a foreign legal entity, you must obtain a copy of the document on registration of the founding legal entity in the country of jurisdiction (extract of registration from the commercial registry or other registering authority); to issue a power of attorney to the authorized representative of the founder; to choose the organizational-legal form of the company (the most common form is limited liability company (LLC); it is also possible to open a joint venture - JV LLC; a foreign company - IP LLC; LLC with foreign capital); to choose a name of the company; to determine the head of the company; To choose an accountant of the company; To determine the location of the company in Uzbekistan: the founder should obtain a letter of guarantee on providing the office premises from the potential landlord and to conclude a preliminary agreement with the landlord on providing the company offices to be used as the official legal address after the registration; To verify the type of economic activity of the company with the help of the Official State Classifier of Economic Activities of the Republic of Uzbekistan (ОКЭД); to choose a servicing bank of the company.
What is the tax rate for companies in Uzbekistan?
Profit tax for legal entities - 15%, but taxpayers included in the National Register of E-Commerce Entities engaged in electronic trade of goods (services) pay profit tax at the rate of 7.5%. VAT (set at a flat rate) - 15%. Social tax - 12%. Turnover tax - from 4% to 25% (depending on the type of performed activity and on the size of the aggregate income).
Where can I register a legal entity offline?
For in-person registration, you need to contact the State Service Center (one-stop service) at the place of registration of the future company. You can find out the location of your Center here. One Stop Shops operate in all districts and cities of Uzbekistan.
How can I open a bank account in Uzbekistan?
You can open a bank account in Uzbekistan both remotely through the web-portal of the automated registration system, and in person by applying to Public Service Centers ("one window") and banks.
What banks are in Uzbekistan?
The list of banks in Uzbekistan, which provide services for business: Агробанк Hamkorbank Ипотека банк Трастбанк Инфинбанк Кишлок курилиш банк Народный банк Ипак Йули Банк Узпромстройбанк Турон банк Asia Alliance Bank Микрокредитбанк Ориент Финанс Банк Универсал банк Капиталбанк НБУ Ravnaq-bank Асака банк Туркистон Банк Савдогар банк Алокабанк Hi-Tech Bank КДБ Банк Узбекистан Давр банк Ziraat Bank Садерат Банк Узагроэкспортбанк Мадад Инвест Банк Tenge Bank TBC Bank Пойтахт банк
What is the share of the digital economy in Uzbekistan?
The share of the digital economy in Uzbekistan as of early 2020 is 2.2%. According to the draft Concept of Development of the e-government system of the Republic of Uzbekistan, it is planned to increase the share of ICT services in GDP to 5% by 2025 and to 10% by 2030.
What is it «Trade Uzbekistan« ?
The main universal electronic trading platform in Uzbekistan is Trade Uzbekistan, created by the Ministry of Investment and Foreign Trade. Other electronic trading platforms are also launched, such as uzbtextile.com for textile producers in B2B format, universal.uz for small and medium business, etc.
At what stage is the sphere of e-commerce in Uzbekistan?
Meanwhile, the level of development of legal e-commerce in Uzbekistan is still low. At the beginning of 2020, only 32 entities were registered in the National Register of E-commerce Entities.
What program helps startups from other countries to receive grants?
Accelaration Program IT Park – allows you to transform a project that already has a prototype and a team into a working business and attract financing. The incubation program from IT Park allows you to grow a product from an idea. The duration of the program is 3 months. C.A.T. Science Accelerator (accelerator for science startups) - accepts applications from Central Asian countries (Uzbekistan, Kazakhstan, Kyrgyzstan, Tajikistan). The acceleration program can be completed online. Division of the Ministry of Innovative Development of Uzbekistan Foundation for the support of Innovative Development and Innovative Ideas among other things, finances the remuneration of highly qualified foreign specialists attracted to Uzbekistan to work on technological projects.
What recruiting agencies are in Uzbekistan?
A list of companies that will help a startup or IT company recruit in Uzbekistan: Balans Plus –selection of office managers, marketers, directors of various areas, employees of the financial unit; Antal - The agency promises to assemble a team from scratch and find rare specialists; DaVinci Management Consulting – helps with finding top managers and outsourced specialists; RESURS RECRUITMENT PERSONNEL – recruitment agency, whose database contains profiles of programmers, designers, marketers, accountants, top managers and other professionals; Person Hunters – search and selection of specialists from various industries in Uzbekistan.
What is the possibility of using blockchain technology in Uzbekistan?

On July 3, 2018, President of Uzbekistan Shavkat Mirziyoyev signed a decree on measures for the development of the digital economy. It highlights among the most important tasks:

  • introduction and development of activities in the field of circulation of crypto-assets, including mining;

  • training of qualified personnel in the development and use of blockchain technologies, with practical skills using modern ICTs;

  • Comprehensive development of cooperation with international and foreign organizations in the field of crypto-assets and blockchain technologies, attraction of highly qualified foreign specialists in the field of blockchain technologies for joint implementation of projects in the digital economy;

  • creation of necessary legal framework for implementation of "blockchain" technologies, taking into account best practices of foreign countries.


The National Project Management Agency (NPMA) is the authorized body in the field of implementation and development of the digital economy in Uzbekistan.


In December 2019, Uzbekistan issued the first crypto-exchange license in Central Asia, which announced the start of operations in January 2020.


In April 2020, it was reported that a project of the Regulatory Sandbox for the development of digital technologies Uzbekistan Blockchain Valley will be created under the National Agency for Project Management. The aim of the project is to create a single platform for testing and piloting projects in the field of circulation of crypto-assets and "blockchain" technology.


How to attract investments for a startup in Uzbekistan?

In early 2020, the Uzbekistan Venture Capital Association was established in Uzbekistan. The association aims to promote and attract venture capital to domestic startup projects, to train specialists in venture capital investment, and to conduct research on the venture capital market in Uzbekistan.


In the field of venture capital financing and attraction of investments there are such companies as:


● IT Park Venture Fund - IT Park Venture Fund, area of interest - all sectors of the real economy from ArgoTech, E-Gov to MedTech, E-commerce, IoT, etc. The fund invests in projects registered on the territory of Uzbekistan. The size of investment in the project - $25,000 to $100,000.





  • RB ASIA is a division of the International Investment Banking Group of RB Partners in Uzbekistan. The company provides consulting services in the sphere of support of purchase of ready-made business and financing of investment projects to international companies and investment funds, which are interested in foreign direct investments in the Republic of Uzbekistan, as well as to local companies, which are in search of investors, international partners and financing for business expansion or business sale.


  • Uzbek-Emirati Investment Company - established by the Decree of the President of Uzbekistan dated May 20, 2019.


  • Venture Capital Invest - registered on April 26, 2019.


  • Astron Venture Fund. It is engaged in the activity of selecting efficient projects that can contribute to the development of the economy and investing in venture projects with high potential.


Investment company Vodiy Investments. It is engaged in the formation and accumulation of funds of qualified investors, attracted by the management company, for their further investment in promising business projects for the development of industries, services, infrastructure, as well as financing the working capital of business entities mainly in Andijan, Namangan and Fergana regions.

What co-working spaces are in Uzbekistan?

Name of the co-working space - Ground Zero Kitob Olami 

Address - Kitob Olami building, Tashkent, Uzbekistan 

WEB-address - https://groundzero.uz/ 

Overview of the kovorking house - https://www.coworker.com/uzbekistan/tashkent/ground-zero-kitob-olami 

Working hours - Mon-Sat: 9:00 - 21:00

Price of rent of a fixed working place - UZS 1100000.00 (1 month)

Price of a workplace in Open Space - UZS 800000.00 (1 month)

Availability of personal office premises - no

Availability of rooms for meetings - yes



Name of the co-working space - Ground Zero

Address - № 146, Temur Malik Street, Tashkent, Uzbekistan

Web-address - https://groundzero.uz/ 

Overview of the co-working space - https://www.coworker.com/uzbekistan/tashkent/ground-zero 

Working hours - Mon-Sat: 9:00 - 22:00

The price for rent of a fixed working place - UZS 1100000.00 (1 month)

Price of a workplace in Open Space - UZS 800000.00 (1 month)

Availability of personal office premises - no

Availability of rooms for meetings - yes


Name of the co-working space - Ground Zero Chilanzar 

Address - Small Ring Road, Tashkent, Uzbekistan 

WEB-address - https://groundzero.uz/ 

Overview of the co-working space - https://www.facebook.com/Groundzerokitobolami/ 

Working hours - Mon-Sat: 9:00 - 22:00

Price of rent of a fixed working place - UZS 1100000.00 (1 month)

Price of a workplace in Open Space - UZS 800000.00 (1 month)

Availability of personal office premises - no

Availability of rooms for meetings - yes


Name of the co-working space - C-SPACE

Address - 1 Chust street, Tashkent, Uzbekistan

Web-address - https://cspace.uz/ 

Overview of the co-working space - https://www.coworker.com/uzbekistan/tashkent/c-space 

Working hours - Mon-Sat: 9:00 - 22:00

The rent price of a fixed working place - UZS 1400000.00 (1 month)

Price of a workplace in Open Space - UZS 900000.00 (1 month)

Personal office space - yes, UZS 4600000.00 (1 month)

Availability of meeting rooms - yes


What acceleration platforms are in Uzbekistan?

Accelaration Program IT Park – allows you to transform a project that already has a prototype and a team into a working business and attract financing. The incubation program from IT Park allows you to grow a product from an idea. The duration of the program is 3 months.

Program of supporting of youth innovative ideas and start-up projects "Start-up initiatives" is an intensive short-term program, aimed at rapid testing of viability of innovative ideas, creation of MVP (minimum viable product), testing of business models, development of innovative entrepreneurship skills of youth. In the framework of the program, the authors of the projects take part in master classes and consultations, determine their target audience, find partners and investors, and receive PR support.


C.A.T. Science Accelerator – accelerator of the Center of Leading Technologies (part of the Ministry of Innovative Development as a research institution). It is intended for startups whose product is based on scientific developments in the areas of green technologies, diagnostics and biomedicine, alternative energy sources, new materials, artificial intelligence, alternative food sources. The participating startups get access to research labs, the Central Asian Mentor Platform, international coaching sessions, project promotion services, and investments. The duration of the acceleration program is 5 months. 


Water Solutions Innovation Lab - accelerator for projects in the field of green technology and water issues. Duration of the program is 3 months. Participants get access to a design thinking laboratory, mentoring support, as well as the opportunity to present their project to investors and present Uzbekistan in the international program ClimateLaunchpad (climatelaunchpad.org).



StartupFactory.uz – accelerator for IT projects in Uzbekistan. It works with B2C and B2B projects related to the Internet and mobile technologies. Selection criteria: focus on the Uzbek market, feasibility of the project, its innovation, scalability, profitability.


Additional opportunities for startups are offered by StartIn - a platform for startups and investors, where a well-presented idea can find financial support.