10 Things to Know About Doing Business in Uzbekistan

04/09/2019

Can an entrepreneur from a foreign country conduct business in Uzbekistan without opening a subsidiary, representative office or a branch?

The legislation of Uzbekistan does not establish any restrictions on conducting business on its territory by foreign legal entities without registration a subsidiary/representative office/branch. However, in practice it is recommended to open a representative office or register an LLC with 100% foreign participation since under the legislation of Uzbekistan to be accepted and have the rights to act as the subject of entrepreneurial activity it is necessary to undergo state registration in the prescribed manner provided for by the Uzbekistan legislation.