How To Register Small Business In Uzbekistan
The population of uzbekistan is relatively young.
How to register small business in uzbekistan. Nowadays according to world bank reports the fraction of the rural population constitutes 64. Here is sohail bukhari from pakistan and current living in azerbaijan i have small perfume business here. While the shareholder can be of any nationality the director must be a uzbek resident. How and where you need to register depends on your business structure and business location. Setting up an llc in uzbekistan can be achieved by 1 director and 1 shareholder.
Starting a business uzbekistan figure starting a business in uzbekistan score procedures 88 2 time 97 5 cost 98 9 paid in min. The department of state offers numerous tools for u s. Capital 100 0 figure starting a business in uzbekistan and comparator economies ranking and score indicator uzbekistan europe central. Uzbekistan is a heterogeneous society dominated by. It contains step by step information on how to establish a small business and the five different types legal structures that a small business can register in jordan.
Population was engaged in cotton farming in small rural collective farms shirkats. When registering yourself your registration is immediately valid for the whole duration of your stay in uzbekistan. These resources provide broad overviews of uzbekistan s key business and economic conditions to help you make the most informed business decisions. This can be a complex area as local state territory and federal governments handle uzbekistan business registration and licensing for various aspects of your business. The minimum share capital for an llc is approximately us 1 800 or 40 times the monthly minimum wage.
Businesses and uzbekistan businesses investing in the united states. Registration is set to disappear on the 1st of july 2020 which you can discuss in this forum thread. A separate article deals with questions about the uzbek visa. When you are starting a business in uzbekistan it is important to find out what uzbekistani registrations and licenses apply to your firm. Register your business to make it a distinct legal entity.
The startup guide was developed based on a need to consolidate all the available information on business registration and licensing in one resource without any legal jargon.