You opened a representative office and started selling
The accreditation is annulled, the office disappears together with its bank account and the employees' labour cards, and the tax authority recognises a permanent establishment retroactively.
Typical mistake: A representative office has no legal entity status and may engage in marketing — collecting, processing and distributing marketing information about the head company's goods and services. Contracts with clients are not concluded through it.
The charter fund was not formed on time
Losing the status of an enterprise with foreign investment wipes out the package of preferences tied to it, including the customs exemptions on importing property for production needs.
Typical mistake: Capital is topped up as construction progresses. Yet the requirement to form the charter fund and the foreign investor's minimum share of fifteen per cent are a condition of the status itself, not a formality.
The profit has been earned but cannot be transferred out
The money sits in an account in Uzbekistan for months: the group's repatriation budget is missed and the parent company faces a cash gap.
Typical mistake: People assume the guarantee of free transfer of funds works automatically. The guarantee applies where taxes and other obligatory payments have been paid, and the bank additionally requires documents on the distribution of profit and confirmation of settlements with the budget.
A foreign director works without a permit document
The company's management body is exposed: the director's status affects both banking operations and the person's own migration standing.
Typical mistake: People assume that appointment by a participant's decision is enough. A foreign national in a management position needs a confirmation of the right to engage in labour activity, issued by the Migration Agency.
You bought land for the plant
The project model breaks: with no land in ownership there is no usual collateral for project finance, and the lease term becomes the key risk.
Typical mistake: The investor acts on the logic of their home jurisdiction. Foreign nationals, foreign legal entities and stateless persons cannot be parties to the privatisation of land plots — access to land is through a lease only.
The repatriation deadline under a foreign trade contract was missed
The penalty is collected to the budget, and the whole foreign trade operation suffers next: the bank and customs both see the contract in a single system.
Typical mistake: Foreign groups move money inside the holding «as convenient» without tracking the deadline for repatriating assets under foreign trade operations, which rests with the resident.
The contract names LCIA or ICC, yet the dispute went to an Uzbek court
The investor loses the very thing the arbitration clause was paid for — a neutral forum.
Typical mistake: The sequence set by the Law on Investments is overlooked: negotiations, then the relevant court of the Republic of Uzbekistan, and only where that is impossible — international arbitration, if it is provided for.