How To Register Small Business In Uzbekistan
The population of uzbekistan is relatively young.
How to register small business in uzbekistan. The minimum share capital for an llc is approximately us 1 800 or 40 times the monthly minimum wage. Registration is set to disappear on the 1st of july 2020 which you can discuss in this forum thread. Population was engaged in cotton farming in small rural collective farms shirkats. Capital 100 0 figure starting a business in uzbekistan and comparator economies ranking and score indicator uzbekistan europe central. 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.
Nowadays according to world bank reports the fraction of the rural population constitutes 64. When registering yourself your registration is immediately valid for the whole duration of your stay in uzbekistan. All reports questions and answers are welcome in this forum q a. The department of state offers numerous tools for u s. Businesses and uzbekistan businesses investing in the united states.
I want to open perfume shop in uzbekistan but i dont have idea about company registration fee work residence permit fee and all regarding business process so can i get idea plz about tottaly amount for starting small business in capital of uzbekistan. Here is sohail bukhari from pakistan and current living in azerbaijan i have small perfume business here. Register your business to make it a distinct legal entity. These resources provide broad overviews of uzbekistan s key business and economic conditions to help you make the most informed business decisions. 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. Starting a business uzbekistan figure starting a business in uzbekistan score procedures 88 2 time 97 5 cost 98 9 paid in min. Setting up an llc in uzbekistan can be achieved by 1 director and 1 shareholder. 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. When you are starting a business in uzbekistan it is important to find out what uzbekistani registrations and licenses apply to your firm.
While the shareholder can be of any nationality the director must be a uzbek resident.