Open a Subsidiary in Uzbekistan

Opening a subsidiary in Uzbekistan in 2026 is an optimal choice for large entrepreneurs from abroad. The process begins with incorporation with the Trade Register in Uzbekistan, where our local specialists can help. We invite you to read in this article some of the main requirements of setting up such a business structure, and also to contact us for personalized assistance offered by our local firm.

Key steps in subsidiary formation in Uzbekistan in 2026

The first step in opening a subsidiary in Uzbekistan is choosing a business structure and registering it with the State Registration of Business Entities. In most cases, the limited liability company (LLC) is the proper option. Here is how the incorporation process of a subsidiary in Uzbekistan works:

• one must appoint a company representative who will act with a power of attorney in all company formation procedures;
• the company name must be verified in the first phase and then reserved;
• proof of registered business address with physical presence for a subsidiary in Uzbekistan is required;
• the Articles of Association are the documents that form the basis for the formation of a subsidiary in Uzbekistan;
• the identity documents (copies) of the shareholders & directors of the subsidiary in Uzbekistan are required;
• proof of payment of the incorporation fee, of around UZS 440,000, is also solicited;
• opening a corporate bank account in Uzbekistan is compulsory for setting up a subsidiary in Uzbekistan;
• specimen signatures and tax registration are also part of the subsidiary incorporation in Uzbekistan in 2026.

Once these documents are collected and all formalities are completed, the Certificate of Incorporation of the subsidiary in question will be issued within a maximum of 14 days. By opting for our specialists in company formation in Uzbekistan, you will ensure that all procedures and formalities are completed correctly.

Minimum share capital for subsidiaries in Uzbekistan

Setting up a subsidiary in Uzbekistan implies a minimum share capital of UZS 400 million (UZS 200 million in Karakalpakstan and Khorezm region). This money must be deposited in the bank account opened for this entity. It is good to know that this minimum share capital is only imposed for foreign-owned companies in Uzbekistan. More information about setting up a company in Uzbekistan in 2026 is available with our local agents.

Getting the business license in Uzbekistan

To be able to start a subsidiary in Uzbekistan, you must also obtain a business license, depending on the future activities of the company. Our specialists can deal with the formalities involved and imposed by the official electronic licensing platform provided by the Uzbek government. The following are required:

• business plan,
• Certificate of Incorporation,
• proof of paid fee,
• documents supporting the business activities.

Also, in this case, our local specialist appointed as a representative for your subsidiary in Uzbekistan can take care of the procedures for obtaining a business license.

The economy of Uzbekistan in a few lines

Do you want to start a company in Uzbekistan, namely a subsidiary? Here are some interesting facts about the economy of this country:

• Uzbekistan's GDP reached about USD 152.5 billion in 2025, a 7.7% increase.
• Investments and exports were the main drivers of economic growth in Uzbekistan in 2025.
• Uzbekistan’s exports expanded by approximately 20%, reaching around USD 33.8 billion in 2025.

Are you ready to set up a subsidiary in Uzbekistan in 2026? We invite you to contact our specialists in company incorporation in Uzbekistan for tailored offers and ample services.