What legal address works for an LLC?

Any real address where the company can genuinely be located. A 'mass-registration' address is not allowed — it raises red flags with banks and the tax authority and delays opening an account.

What taxes does an LLC pay in Uzbekistan in 2026?

Under the general regime: 15% profit tax and 12% VAT. Under the simplified regime: 4% turnover tax. IT companies can use the IT Park resident status. Accurate as of 2026-06-16; verify on soliq.uz and lex.uz.

How to Register an LLC in Uzbekistan: Step by Step

Q: Can a foreigner register a sole proprietorship (IP) in Uzbekistan?

The sole proprietor status (IP) is available to a foreigner only with residency in Uzbekistan and with limits, so a non-resident usually opens an LLC or a foreign enterprise (an LLC with 100% foreign capital).

Q: Do I have to visit in person to open an LLC?

Company registration can be done remotely, but most banks require the founder or director to visit in person to open a bank account.

A detailed step-by-step guide for foreigners to open an LLC in Uzbekistan: name, charter, legal address, state registration, bank account and tax setup

Last updated 2026-06-16

Ivan Karataev

Managing Partner, BizReg

MBA, ACCA, CPA · ex-KPMG, ex-CFO of NYSE-listed companies · 20+ years in US & Uzbek business

Last updated 2026-06-16 · 9 min read

✓ Facts verified against primary sources (lex.uz, soliq.uz)

Last updated 2026-06-16 · 9 min read · ✓ Facts verified against primary sources (lex.uz, soliq.uz)

A foreigner can open an LLC in Uzbekistan in 6 steps and without a local partner: the law allows 100% foreign ownership. But "opening" is not a single button — it is six sequential steps, and each one has nuances that trip up the registration. Below is a detailed step-by-step breakdown: exactly what to do at each stage, where people most often go wrong, and why you should plan the bank account ahead of time.

About the term «IP» (sole proprietor)

If you searched for "open an IP in Uzbekistan", note this: a sole proprietorship (IP) is available to a foreigner only with residency in the country (registration by place of residence or a residence permit) and with limits, so a non-resident usually opens an LLC. Without residency, foreigners use an LLC or a foreign enterprise (the same LLC, but with 100% foreign capital). This article is about the LLC.

100%

foreign ownership allowed

steps from name to bank account

15% / 12%

profit tax and VAT, general regime (2026)

turnover tax, simplified regime

What to prepare before you start

Before filing, it pays to finish the prep — this is where you save the most time:

Founder's passport

A valid passport for each foreign founder — the basis for identification.

Choice of form

Decide in advance: a regular LLC or a foreign enterprise (100% foreign capital).

Activity codes

Pick your activity (OKED) codes — they determine the tax regime and any licenses.

Get a document checklist tailored to your case

If you are from Russia or another CIS country, there is a dedicated country guide: business in Uzbekistan for Russians (entry regime, double-tax treaty, currency nuances).

How do you open an LLC in Uzbekistan step by step?

This is the core of the article. Follow the steps in order — each depends on the previous one.

Name and its check
Choose a company name and check it for uniqueness in the register of legal entities. The name must not duplicate an already registered one and must not contain restricted words (for example, unfounded references to government bodies). Common mistake: filing with a taken name and losing time on a repeat submission. Prepare 2–3 backup options.
Founding documents
You prepare the LLC charter and the decision of the sole founder (or the minutes of the general meeting if there are several founders). The charter sets out the name, address, activities, the size and distribution of charter capital shares, and the management structure. Nuance: documents of a foreign corporate founder may require legalization/apostille and a notarized translation. Mistake: downloading a "universal charter" from the internet — it often ignores foreign participation and surfaces during checks.
Legal address
The company needs a real legal address for registration. Critically, it must not be a "mass-registration" address (where dozens of firms are registered) — the tax authority and banks treat such addresses with suspicion, which directly delays opening an account and triggers checks. Nuance: you usually need a letter of guarantee from the property owner. Mistake: taking the cheapest "address for registration" and then failing bank compliance.
State registration
The document package is submitted for state registration of the legal entity — this can also be done remotely through the unified government services portal (my.gov.uz). After registration the company is entered into the register and assigned a tax ID (INN) and registration details. Nuance: founder and address data must match exactly across all documents — a one-letter discrepancy leads to rejection. Mistake: typos in the transliteration of a foreigner's name versus the passport.
Bank account
After registration you open a settlement account. At most banks this requires an in-person visit by the founder or director — typically the longest stage of the whole process. The bank runs compliance: it reviews the founding documents, the address, the source of funds and the nature of the business. Nuance: check the chosen bank's requirements for non-residents and the needed documents in advance. Mistake: underestimating the timeline and planning the trip too tightly.
Tax registration and choosing a regime
The company registers for tax and selects a tax regime. The general regime applies by default, but with suitable turnover you can choose the simplified one. IT companies separately apply for IT Park resident status. Nuance: choose the regime deliberately at the start, not "by inertia". Mistake: missing the deadlines for tax registration or the first filing and incurring fines.

What's fast and what's slow

Document preparation and state registration are relatively quick when the package is ready. The real bottleneck is the bank account: the in-person visit and compliance stretch out the timeline. Plan your trip specifically around this step.

What documents are needed to register an LLC?

Document	Why it's needed	What to watch for
Founder's passport	Identifying the foreigner	Name transliteration must match everywhere
Name (2–3 options)	Uniqueness check	Backups save time
LLC charter	The main founding document	Accounts for foreign participation and shares
Decision/minutes of formation	Proof of founders' intent	Signatures of all founders
Address guarantee letter	Confirming the legal address	The address must not be "mass"
Activity codes (OKED)	Regime and licenses	Affect taxes and licensing

We'll prepare your charter and document package for foreign participation

LLC taxes in 2026: what to know up front

The tax regime determines the burden on your business, so choose it deliberately back at step 6.

General regime

profit + VAT

Profit tax of 15% and VAT of 12%. Suited to companies with larger turnover and VAT-registered counterparties. Accurate as of 2026-06-16.

Simplified regime

turnover tax

A 4% turnover tax instead of profit tax and VAT — simpler accounting, convenient for small business and services. Works while turnover stays within the threshold. Accurate as of 2026-06-16.

On VAT and thresholds (from 01.06.2026)

From 1 June 2026 the mandatory VAT registration threshold is 12,000 BRV (roughly about 5 billion soum). A voluntary reduced rate of 6% also applies to trade and services. These figures are sensitive to change — verify the current edition on soliq.uz and lex.uz. Accurate as of 2026-06-16.

If you run an IT company

For software development and the export of digital services, the most advantageous option is often IT Park resident status — it carries a preferential tax regime (benefits extended through 2028). Conditions and the list of eligible activities are on it-park.uz. Accurate as of 2026-06-16.

Common foreigner mistakes when opening an LLC

How to do it right

Check the name in advance and keep backup options
Order a charter tailored to foreign participation, not a web template
Use a real legal address, not a mass-registration one
Plan your trip specifically for opening the account
Choose the tax regime deliberately at the very start

What to avoid

Confusing an LLC with an IP (IP — only with residency in Uzbekistan, a non-resident usually opens an LLC)
Taking a "mass" address to save money
Allowing discrepancies in name transliteration
Underestimating bank compliance timelines
Missing deadlines for tax registration and the first filing

Can you open an LLC remotely?

Most of the path can genuinely be done remotely: the name check, preparing the founding documents and filing for state registration through the government services portal. The main exception is the bank account: most banks require the founder or director to be present in person, so a single trip is usually planned around opening the account. If visiting is impossible, options with a power of attorney and a bank chosen for remote onboarding may exist — but this depends on the specific bank's policy and your situation.

After opening: what you must do next

Registering the LLC is only the beginning. From there the entity must keep accounting and tax records, file reports on time and pay taxes under the chosen regime. For most foreign founders, outsourcing accounting is more convenient: it's cheaper than an in-house accountant and removes the risk of fines for late filings. If you plan to hire staff, you'll need to formalize employment and payroll taxes, and a foreign director will usually need a work permit.

The essentials in a minute

A foreigner opens an LLC (or a foreign enterprise with 100% capital); an IP is only available with residency in Uzbekistan, a non-resident usually opens an LLC.
The process is 6 steps: name, charter, legal address, state registration, account, tax setup.
The legal address must not be "mass" — otherwise you'll get stuck at bank compliance.
The account is the longest stage: it usually needs an in-person visit, so plan the trip around it.
2026 taxes: 15% profit and 12% VAT on the general regime, or 4% turnover on the simplified one; for IT — IT Park.

Start your turnkey LLC registration

FAQ

Can a foreigner register a sole proprietorship (IP) in Uzbekistan?+

The IP status is available to a foreigner only with residency in Uzbekistan and with limits, so a non-resident usually opens an LLC or a foreign enterprise — an LLC with 100% foreign capital.

Do I have to visit in person to open an LLC?+

Company registration can be done remotely, but opening a bank account at most banks requires an in-person visit by the founder or director.

What legal address works?+

Any real address where the company can actually be located. A "mass" address cannot be used — it raises questions with banks and the tax authority and delays opening an account.

How long does LLC registration take?+

With a complete document package and a legal address, the registration itself is quick. Opening the bank account usually takes the longest because of the in-person visit requirement.

What taxes does an LLC pay in 2026?+

Under the general regime: 15% profit tax and 12% VAT. Under the simplified regime: 4% turnover tax. IT companies can use IT Park resident status. Accurate as of 2026-06-16; verify on soliq.uz and lex.uz.

What is the minimum charter capital for an LLC?+

Minimum requirements depend on the activity and the form. See the current values in the Tax Code of Uzbekistan on lex.uz, or ask us at a consultation.

Can the director be a foreigner?+

Yes, but this usually requires a work permit. The details depend on your situation and citizenship.

Do I need to keep accounts after opening?+

Yes, the LLC must keep records and file reports under the chosen regime. For most foreign founders outsourcing is more convenient — cheaper than an in-house accountant and without the risk of fines.

We'll handle all 6 steps for you — from the name to the account and tax setup, with no errors or missed deadlines

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Sources

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