Company Formation in Uzbekistan

A foreign national can own 100% of an Uzbek LLC, and the state fees are modest. The two things that decide your real cost are whether you register in the local or the foreign company form, and whether your director is a foreign citizen — because the work permit costs more than everything else put together.

What IS Group handles

We prepare the founding documents, obtain the identification numbers, register the company, open the bank account and deal with the work permit if your director is foreign.

We tell you the state duties up front, because the difference between the cheapest and dearest way of doing the same thing is more than USD 1,300 — and it is decided before anything is filed.

We do not promise a residence permit on an investment below the published threshold. The numbers below are the numbers.

Planning a company in Uzbekistan?

Tell us who will be the director and whether they are an Uzbek or a foreign citizen. That single answer changes your cost by about USD 1,000.

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Someone has to be in Uzbekistan

The founders can stay abroad and act through notarised, apostilled powers of attorney. The appointed director cannot. Their physical presence in Uzbekistan is required to complete registration.

That choice also sets the timetable: if the foreign founder attends in person, registration takes 3–4 working days from signing and submission. If the founders act from abroad and only the director attends, allow 8–10 working days.

State duties, in full

These are government charges, not our fees. They are the same whoever files them, and knowing them is what lets you judge any quotation you are given.

Registration, foreign company form4,120,000 UZS — about USD 325
Registration, local company form412,000 UZS — about USD 32
Bank account and electronic key412,000 UZS — about USD 32
Company seal250,000 UZS — about USD 20
Work permit, foreign director12,772,000 UZS — about USD 1,015

What that adds up to

Foreign company form, foreign directorAbout USD 1,392
Local company form, foreign directorAbout USD 1,099
Local company form, local directorAbout USD 84

Converted at 1 USD = 12,600 UZS. The rate moves, so treat the dollar figures as indicative and the soum figures as the real ones.

Two decisions, most of the cost

Registering in the foreign company form costs about USD 293 more than the local form — 4,120,000 soum against 412,000. Appointing a foreign director adds about USD 1,015 for the work permit.

Neither is automatically wrong. The foreign form carries the FE or JV prefix and the standing that goes with it; a foreign director may be the entire point of the exercise. But both should be chosen deliberately, not discovered on the invoice.

Setting up the company, step by step

  1. Clear the company name — it must be unique on the register.
  2. Decide the director, and secure a registered address in Uzbekistan. The address must be a real Uzbek one.
  3. Obtain a PINFL — the personal identification number — for each foreign founder and for the director. State fee about USD 2. Nothing proceeds without it.
  4. Prepare the founding documents: charter, founders' decision, and notarised, apostilled powers of attorney for anyone signing from abroad.
  5. File the registration. 3–4 working days with the founder present, 8–10 if acting from abroad.
  6. Open the bank account and obtain the electronic key.
  7. Obtain the company seal.
  8. Apply for the work permit if the director is a foreign citizen — see the exemption below before you pay for one.
  9. Contribute the charter capital — you have twelve months from registration.

The facts

EntityLLC (MChJ)
Foreign ownershipUp to 100 per cent
Minimum capitalNo statutory minimum for an LLC
Capital deadlineWithin 12 months of registration
Registration time3–4 days present · 8–10 days from abroad
Director presenceRequired in Uzbekistan
Registered addressRequired, must be in Uzbekistan
FE / JV thresholdCharter capital above 400 million UZS

Employing foreign staff

An Uzbek employer may only take on foreign staff after obtaining a Confirmation of the right to work from the Ministry of Employment and Poverty Reduction. Doing it without one is an offence, not an oversight.

Confirmation fee31 BRV — 12,772,000 UZS, about USD 1,015
Valid forUp to one year, renewable by the same procedure
Penalty for hiring without itFine of 5–10 BRV, and 10–15 BRV on repetition

The exemption worth checking before you pay USD 1,015

No employer confirmation is required at all when the person you are hiring is a qualified or highly qualified specialist.

Highly qualified — a graduate of a university in the recognised top 1,000 international ranking, with at least five years' experience in that field, on a salary equivalent to USD 60,000 a year or more.

Qualified — higher education, at least five years' experience in that field, on a salary equivalent to USD 30,000 a year or more.

If your director or key hire meets either test, the permit and its fee fall away. It is the first thing we check, because it is the single largest saving available in an Uzbek setup.

Visa and registration costs for staff

State fees only, current as of September 2025. Useful if you are bringing people in as well as forming the company.

InvitationAbout USD 5
PINFLAbout USD 2
Address registration, 2–3 months824,000 UZS — about USD 65
Address registration, 1 year3,000,000 UZS — about USD 238
Visa extension4,120,000 UZS — about USD 327
Staff member, 2–3 monthsAbout USD 67 in state fees
Staff member, 1 yearAbout USD 1,580 in state fees

Residence permits through investment

Uzbekistan has the clearest investor residence rules of the six countries we work in, and the highest thresholds. Registering a company does not by itself give you the right to live there.

Golden visa5-year residence permit, investment from USD 250,000
Three-year permitAround USD 280,000 in charter capital or capital investment
Ten-year permitInvestment in a goods or services enterprise
Founder routeFrom USD 3 million, simplified 10-year permit
FamilySpouse, children and parents can be included
In force sinceGolden visa programme opened 1 June 2025

Residence and the right to work are separate

An investor residence permit and an employer's Confirmation are different instruments obtained from different bodies. Holding one does not give you the other, and owning the company gives you neither automatically.

The practical consequence: settle the director's right to work in parallel with registration. Leaving it to the end is what leaves people with a registered company they are not permitted to run.

Rules change. Ask us before you assume.

State duties are set in BRV and soum and are revised regularly; the dollar equivalents move with the exchange rate. Investment thresholds and permit categories are set by government and can change at any time.

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