What a foreign investor needs to know in Uzbekistan
If you are planning to open a business in Uzbekistan or invest in an existing project, this material is for you. We talk about the legal status of foreigners, investment protection, company registration procedures, currency regulation, and taxes. A practical guide for getting started — with explanations, links to laws and real examples.
September 22, 2025 (Updated on February 08, 2026)
What Foreign Investors Need to Know About Uzbekistan
If you are planning to start a business in Uzbekistan or invest in an existing project, it is important to understand local rules and regulations. This article summarizes key information for foreign investors.
Legal Status of Foreign Nationals
Foreign citizens in Uzbekistan may establish and own companies on the same terms as local residents. Exceptions apply to certain strategic sectors where additional approvals are required.
Investment Protection
The government guarantees the protection of investors’ rights. Uzbekistan has signed bilateral investment protection agreements with more than 50 countries, ensuring international-level protection of your investments.
Company Registration
Business registration is carried out through the unified government portal Yagona Darcha (my.gov.uz). The process usually takes 1–3 business days. The minimum charter capital depends on the legal form of the company.
Currency Regulation
Uzbekistan has a free currency conversion regime. Foreign investors may freely repatriate profits abroad after paying applicable taxes.
Taxation
Key taxes include corporate income tax (15%), VAT (12%), and social contributions. Certain industries benefit from tax incentives, including temporary tax exemptions.
Conclusion
Uzbekistan offers attractive conditions for foreign investors. However, before starting operations, it is advisable to consult with legal and tax professionals.
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