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Comparison of main legal forms for doing business in Uzbekistan: LLC, JSC, sole proprietorship and their features. We help determine the optimal form for your project.
Choosing the legal form is one of the first and most important decisions when creating a business in Uzbekistan. The legislation provides several main forms: limited liability company (LLC), joint-stock company (JSC), sole proprietor (SP), as well as partnerships and cooperatives.
LLC is the most common form for small and medium businesses. Founders are liable for company obligations only within their contributions, limiting personal financial risks. The minimum authorized fund is 40 BCV.
JSC is chosen by companies planning to attract investment through share issuance. SP is suitable for freelancers and microbusinesses with turnover below the established limit, featuring a simplified tax regime and minimal reporting.
5 minIf you are outside Uzbekistan but need someone to act on your behalf there — for a property deal, court proceedings, or official paperwork — you have two recognised options: a consular power of attorney or a locally notarised document bearing an apostille. As a practising notary in the Yunusabad district of Tashkent, I explain both routes and what you need to prepare.
5 minIf you have granted a power of attorney but circumstances have changed, you are entitled to revoke it at any time. Alisher Botirov, a notary in the Yunusabad district of Tashkent, explains how to revoke a power of attorney correctly under Uzbek law, what documents you will need, and what to watch out for.