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Asia-Pacific

Company Formation & Corporate Services in Uzbekistan

Uzbekistan is Central Asia’s most populous country and one of its fastest-reforming economies, with a simplified registration process and dedicated incentives for technology and industrial investors. Rules are still moving quickly, so what applied last year may not apply today. We check the current position before you commit.

Is This The Right Fit

Best For / Think Twice If

Best for

IT and software businesses eligible for IT Park residency, manufacturers using free economic zones, and companies entering Central Asia’s largest consumer market.

Think twice if

You need a long, stable track record of unchanged rules — Uzbekistan’s reforms are largely positive, but they move fast and need watching.

The Detail That Matters

Ownership & Tax Snapshot

Most activities permit 100% foreign ownership through a limited liability company, with some sectors restricted or licensed. Companies register through the state one-stop registration service.

The standard corporate profit tax rate is 15%, and VAT is generally 12%, with special regimes for small businesses. IT Park residents and companies in free economic zones can access tax and customs incentives for qualifying activity. We confirm the current rates and incentives for your activity before you register.

How It Runs

The Setup Process

  1. Structure decision, including whether IT Park residency or a free economic zone fits.

  2. Company name and state registration through the one-stop registration service.

  3. Tax registration with the Tax Committee, issued with registration.

  4. Bank account opening and charter capital contribution.

  5. Sector licences where your activity needs one.

  6. IT Park or free economic zone application, where relevant.

Who You Register With

Free Zones & Registrars

Role
State one-stop registration service Company registration and initial tax registration
Tax Committee Profit tax, VAT and other tax filings
IT Park Residency and incentives for qualifying IT companies
Free economic zones Tax and customs incentives for qualifying industrial projects
After Incorporation

Ongoing Compliance Calendar

Annual

  • Annual profit tax return
  • Annual financial statements

As applicable

  • Monthly or quarterly VAT returns
  • Payroll and social tax filings once you hire

Ad hoc

  • Registration updates on any change to the charter, shareholders or director
At A Glance

Uzbekistan At A Glance

37.1M Population World Bank, 2025
7.7% Real GDP growth World Bank, 2025

Main Industries

  • Natural gas & mining
  • Agriculture & textiles
  • Manufacturing
  • IT services
  • Tourism

Why Choose This Market

  • Central Asia’s largest population: A young, growing consumer market at the centre of the region.
  • Fast growth and reform: One of the region’s fastest-growing economies, opening steadily to foreign investment.
  • Targeted incentives: IT Park and free economic zones reward qualifying technology and industrial investment.
Uzbekistan FAQs

Questions We Are Actually Asked

Your question is not here? Put it to an advisor who works on Uzbekistan every week.

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Can a foreigner own 100% of a company in Uzbekistan?

In most sectors, yes, through a limited liability company. Some activities are restricted or need a licence, which we check for your activity first.

What is IT Park, and who can join?

IT Park is Uzbekistan’s technology-park regime. Resident companies carrying out qualifying IT activities can access tax and other incentives. Residency is applied for after registration and depends on your activity.

What taxes does a company pay in Uzbekistan?

The standard profit tax rate is 15% and VAT is generally 12%, with special regimes for some small businesses and incentives in IT Park and free economic zones. Rules change often, so we confirm the current position for your activity.

How long does company registration take?

State registration through the one-stop service is quick once documents are ready. Opening the bank account and any licences usually take longer.

What are free economic zones in Uzbekistan?

Designated zones for manufacturing and industrial investment with tax and customs incentives for qualifying projects. Terms depend on the zone and the size of the investment.

How We Check This Page

Checked against Tax Committee of the Republic of Uzbekistan guidance on profit tax and VAT, and the Tax Code, 17 Oct 2026.

Primary source Tax Committee of Uzbekistan (soliq.uz)

Regulatory and tax rules change. This page is general information about Uzbekistan, not tax or legal advice — we confirm the current position for your activity before you commit to a structure.

Talk It Through

Not Sure Which Structure Fits?

Bring us the business you actually plan to run in Uzbekistan, and we will tell you honestly whether this is the right jurisdiction for it — and which structure inside it makes sense.

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