A Limited Liability Company (LLC) is the most common legal business structure in the Republic of Uzbekistan. It offers convenience in business operations, legal protection for its founders, and favorable tax conditions. According to the Law “On Limited Liability Companies,” the founders (also called participants) are not personally liable for the company’s obligations — they are only liable within the limits of their contributions (charter capital).
Key Features:
1. Founders:
- Both individuals and legal entities can establish an LLC.
- Residents of Uzbekistan and foreign nationals or companies (non-residents) are allowed to participate.
- If a foreign legal entity owns more than 15% of the shares, the minimum charter capital must be 400,000,000 UZS.
- The number of founders can range from 1 to 50.
2. Charter Capital:
- There is no legally fixed minimum charter capital — founders define the amount based on their business needs or licensing requirements.
- Contributions may be made in cash or in-kind assets such as buildings, equipment, or vehicles.
- The full charter capital must be paid within one year from the date of state registration.
3. Taxation of Dividends
Type of Shareholder | Dividend Tax Rate |
---|---|
Residents of Uzbekistan | 5% |
Non-residents / Foreigners | 10% |
These rates are based on Uzbekistan’s current Tax Code
4. Legal Status:
- An LLC can enter into contracts, own property, and act as a plaintiff or defendant in court under its own name.
- It is a separate legal entity with its own balance sheet and legal capacity.
5. Registration Procedure:
To establish an LLC, the following steps are required:
- Open a bank account;
- Collect founder documents (passport or company charter);
- Choose and register the company name;
- Draft founding documents (charter);
- Register through the Ministry of Justice;
- Register with tax authorities and statistical bodies
- Hold legal adress
Our Service Packages:
Services | STANDARD Package | FULL Package (PRO) |
---|---|---|
Legal consultation | Up to 2 hours | Until full completion |
Company name selection & verification | ✅ | ✅ |
Drafting charter documents | ❌ | ✅ |
Obtaining digital signature (E-IMZO) | ❌ | ✅ |
Obtaining TIN and PINFL | ❌ | ✅ |
Legal address assistance (if not available) | ❌ | ✅ (extra fee) |
Company seal preparation | Standard (extra fee) | Custom design (extra fee) |
Preparation of documents for bank account | ✅ | ✅ |
Document scanning and formatting | ✅ | ✅ |
Delivery of documents in digital format | ✅ | ✅ |
Document translation | ❌ | ✅ |
Notarization (if needed) | ❌ | ✅ (gov. ees not included) |
Apostille / legalization | ❌ | ✅ (gov. fees not included) |
Completion time | 3–4 business days | 4–7 business days |
Price | from 5,000,000 UZS + 375,000 (gov. fees) | from 9,000,000 UZS + 375,000 (gov. fees) |
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