How to Open an IT Company in Uzbekistan: Full Path

Ivan Karataev

Managing Partner, BizReg

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

Last updated 2026-06-15 · 13 min read

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

Last updated 2026-06-15 · 13 min read · ✓ Facts verified against primary sources (lex.uz, soliq.uz)

To open an IT company in Uzbekistan, a foreign founder goes through seven steps in three phases: check the activity against the IT Park list, choose a form (an LLC or a foreign enterprise) and OKED codes, register the legal entity and open a bank account, then apply for IT Park residency and launch with the tax benefits. It is not a single step but a connected chain of decisions: from choosing a legal form to obtaining IT Park resident status with its tax benefits. Each stage on its own is straightforward, but it is their order and the links between them that trip up newcomers most often. You cannot apply for residency without a registered company, and the activity codes have to match the IT Park profile before you even register. This article is the umbrella, end-to-end path from idea to launch: a single map of the route with links to detailed guides for each stage.

Why open an IT company in Uzbekistan?

Over the past few years Uzbekistan has become one of the most attractive jurisdictions in the region for technology companies. The reason is not one factor but a combination: the law allows 100% foreign ownership of a company, much of the registration can be done remotely, and — most importantly — there is IT Park with a preferential tax regime that lifts almost the entire tax burden off a technology business. For software development and the export of digital services, this is often the most advantageous scenario available in Central Asia.

It helps to understand the structure of the path. Opening an IT company is not about one button or one document. It is a sequence of seven stages grouped into three phases: preparation (idea, form, codes), registration (the entity and the account), and residency (the IT Park application and launch). Walk them in the right order and the route is predictable. Jump around, and you keep returning to the start.

How do you open an IT company in Uzbekistan step by step?

This is the core of the article and its signature visual — the whole path on a single diagram. Each stage links to a detailed guide in a dedicated article, so you do not drown in detail here and can dive deeper exactly where you need it.

Below we go through each phase on the merits — what to do, what to watch for, and where foreign founders most often stumble.

Phase 1. Preparation: idea, form, codes

The most expensive mistakes happen at the very start, when it feels like none of this matters yet. In fact, the decisions in this phase shape the entire route ahead.

Step 1. Check the activity against the IT Park list

Before registering anything, match what you actually do against the IT Park list of activities. Residency is aimed at the technology and digital business: software development, IT services, the export of digital services, cybersecurity, design and multimedia, data processing. If your activity does not fit the list, the rest of the residency steps lose their point. The full, current list is on it-park.uz.

Step 2. Choose a legal form

It is a company, not a person, that becomes an IT Park resident, so the form has to be right from the outset. Here is the critical nuance for foreigners: a sole proprietor in Uzbekistan for foreigners is available 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. A foreign founder uses an LLC or a foreign enterprise (the same LLC, but with 100% foreign capital). We cover registration in detail in a separate article — how to open an LLC in Uzbekistan step by step.

Step 3. Pick the OKED codes

Activity codes (OKED) are not a formality but the connective tissue of the whole construction. They have to match both your real project and the IT Park profile at the same time, otherwise questions will come up at the residency stage. It is best to pick the codes before registration so they go into the charter correctly from the start. How the codes are structured and how to choose them is covered in the guide on activities and OKED codes.

Phase 2. Registration: the entity and the account

Once preparation is closed, the paperwork part begins. Here precision and realistic timing expectations matter.

Step 4. State registration of the company

At this stage you come up with and check a name, prepare a charter that accounts for foreign participation, arrange a legal address and file the package for state registration — which can be done remotely via the unified portal of public services my.gov.uz. Once registered, the company is assigned a tax ID and registration data. The key nuances are correct transliteration of the founder's name (it must match the passport everywhere) and a real legal address, not a mass-registration one, otherwise you will stumble on bank compliance.

Step 5. The bank account

After registration you open a current account — and this is usually the narrowest bottleneck of the whole path. Most banks require the founder or director to appear in person and run compliance: they check the founding documents, the address, the source of funds and the nature of the activity. This is the step a foreign founder usually plans the trip around. For details on choosing a bank, documents and the nuances for non-residents, see the article on how to open a bank account in Uzbekistan.

Phase 3. IT Park residency and launch

By this phase you already have a registered company with the right codes and an open account. Now comes the very thing many people set out on the whole route for.

Step 6. The IT Park residency application

The application is filed with IT Park on behalf of the existing entity. You prepare the founding documents, a description of the project and activities, and information about the team — check the exact composition and form on it-park.uz. The project is checked against the program's conditions; follow-up questions may arrive at this stage, and it is better to answer specifically and to the point. A full breakdown of the procedure, documents and common rejections is in the article on how to become an IT Park resident.

Step 7. Benefits and starting operations

After approval, the company becomes a resident and starts applying the IT Park tax regime. This is both the finish line of the route and the start of the business: from here the task is to maintain the status (keep accounts, meet the requirements on profile and reporting) and grow. What the status gives you in money terms is covered in detail in the article on IT Park resident benefits.

In short: an IT Park resident is exempt from profit tax, VAT, social tax and turnover tax (the relief runs until 1 January 2028), and employee income tax is cut to 7.5% instead of the standard 12%. For a development team where labour is the dominant cost, the total saving is often measured in tens of percent of what would have gone to the budget on the general regime. Conditions are on it-park.uz.

An IT company with IT Park versus the general regime

To see the point of the whole route in money terms, compare two identical companies — one on the general regime, the other having walked the path to IT Park residency.

It is exactly this difference that justifies going through all seven steps. So for a technology project the route registration to account to residency almost always makes more sense than simply opening a company and staying on the general regime.

Common mistakes by foreign founders

Most delays on this route are not about the complexity of the procedure but predictable mistakes at the seams between stages. Here is what raises your odds of a smooth path and what most often slows it down.

What do you do after opening the IT company?

Getting resident status is the finish of the registration route, but not the finish of all obligations. The company must keep accounting and tax records, file reports on time and keep meeting the IT Park requirements on its activity profile — otherwise the status can be lost. For most foreign founders, outsourcing the accounting is more convenient: it is cheaper than an in-house specialist and removes the risk of penalties for late filings. If you plan to hire, you will need to formalize employment and payroll taxes, and a foreign director usually needs a work permit.

Related articles

• IT Park Resident Benefits in Uzbekistan: Rates and Terms
• How to Become an IT Park Resident in Uzbekistan: Step by Step
• IT Park for SaaS Companies and Developers in Uzbekistan
• Taxes in Uzbekistan in 2026: rates, regimes, benefits

Frequently asked questions