The Economic Liberalization of Uzbekistan
Following comprehensive reforms over the past decade, Uzbekistan liberalized its foreign currency regime, simplified customs procedures, and launched modern public service centres for business incorporation.
The standard legal vehicle for commercial enterprise is the Limited Liability Company (MChJ / LLC).
Key Advantages for Foreign Investors
- 100% Foreign Ownership: Foreign individuals and corporate bodies can own 100% of an Uzbek LLC without local ownership mandates.
- Free Currency Convertibility: Elimination of historic currency restrictions allows unfettered conversion between Uzbek Som (UZS), USD, and EUR through commercial banks.
- Modern One-Stop Digital Registration: Registration via the Single Window Public Services Agency (Davlat Xizmatlari Markazi) is executed within 30 minutes digitally.
Special Economic Zones (SEZs)
Founders establishing industrial plants or assembly operations benefit from 20+ Free Economic Zones offering customs duty holidays, profit tax exemptions, and subsidised utility infrastructure.
