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Guide to start a Business in Uzbekistan


Below is a detailed summary of the bureaucratic and legal hurdles faced by entrepreneurs wishing to incorporate and register a new firm in Uzbekistan. It examines the procedures, time and cost involved in launching a commercial or industrial firm with up to 50 employees and start-up capital of 10 times the economy's per-capita gross national income.

This information was collected from World Bank: Doing Business 
No.ProcedureTime to CompleteAssociated Costs
1Register the name of the company1 dayno charge
2Open a temporary bank account with a local bank and transfer 30% of each founder’s contribution to the account; pay the registration fee2 daysno charge
3Register with the local authority (khokimiyat) and obtain the certificate of state registration6 daysUZS 62,920 (1 time the minimum wages for registration fee)
4Make a company seal1 dayUZS 30,000 to 50,000
5Notarize samples of signatures of the company’s general director and chief accountant1 dayUZS 1258 (2% of minimum monthly wage per transaction)
6Open a permanent bank account with a local bank1 dayno charge
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