Uzbekistan
Uzbekistan: 3 company types, its taxes, banking and business environment, and what it is known for.
Forming a company
Company types in Uzbekistan
The 3 forms a founder can choose here, each with its own figures. Open one for its sources.
What it is known for
Where Uzbekistan is in the world’s top 10 on a measure anyone can check, the best rank first. Only the top is shown; a low rank is never stated.
- World’s3rdWorld-leading exports Cotton yarnCotton yarn (other than sewing thread), containing 85 % or more by weight of cotton, not put up for retail saleUS$1.2 bn · 10.7% of world exports of 127 exporters · 2024 CEPII BACI, January 2026 release See the top 10
A rank is among everything the source reports for that year, so it moves when the source adds or drops economies. Exports include goods passing through for re-export. Nothing here is a recommendation.
Doing business here
Business accounts
Providers whose own published list of countries names Uzbekistan. A listing means a company formed here may apply, not that it will be accepted.
Not in our records No provider's country list has been read for Uzbekistan.
EU listings
Two lists a bank checks when it opens an account for a company or its owner.
- EU high-risk third countries (AML)
- Not listed
- EU non-cooperative jurisdictions for tax purposes
- Not listedOfficial EUR-Lex, 52026XG01465, Annex I as of 2026-02-17
Official sites
The authorities’ own sites for Uzbekistan: where to register, file and check.
Blocs and agreements
The trade arrangements Uzbekistan belongs to, as each arrangement’s own texts state them: since when, and what each covers. What a membership means for a business is for you to judge.
- Eurasian Economic Union
- Observer
Granted observer status; the EAEU home page read gives no date.
Quote
The observer status within the Union shall not entitle any state to participate in decision-making process conducted by Bodies of the Union.
Regional and customs arrangements only, 36 of them; bilateral trade agreements are not yet in our records.
Tax
Company tax
Tax, and what the company owes the registry each year.
- Corporate income tax
- 15%
- Distributions
- Not in our records
- Audit
- Not in our records
- Small-company relief
- Not in our records
- Annual obligations
- Not in our records
- Annual registry fee
- Not in our records
VAT
The tax on what the company sells in Uzbekistan, and when it must register, as the tax authority states it.
- Standard rate
- Not in our recordsThe tax authority’s pages have not been read for Uzbekistan.
Running the company
Running a company here
Not in our records The authorities’ pages on running a company have not been read for Uzbekistan yet.
Economy and trade
What it exports
Goods Uzbekistan exported, by product, as a share of its goods exports each year. Exports include goods passing through for re-export. A share describes Uzbekistan’s own trade; it does not compare places.
| Product (HS heading) | 2022 | 2023 | 2024 | Value, 2024 |
|---|---|---|---|---|
| Gold (including gold plated with platinum), unwrought or in semi-manufactured forms, or in powder form HS 7108 | 43.1% | 45.8% | 42.3% | US$9.7 bn |
| Cotton yarn (other than sewing thread), containing 85 % or more by weight of cotton, not put up for retail sale HS 5205 | 8.1% | 5.7% | 5.3% | US$1.2 bn |
| Copper wire HS 7408 | 1.9% | 1.5% | 3.4% | US$782 m |
| Petroleum gases and other gaseous hydrocarbons HS 2711 | 9.0% | 2.2% | 3.3% | US$743 m |
| Petroleum oils and oils obtained from bituminous minerals, other than crude; preparations not elsewhere specified or included, containing by weight 70 % or more of petroleum oils or of oils obtained from bituminous minerals, these oils being the basic constituents of the preparations; waste oils HS 2710 | 0.12% | 1.2% | 2.5% | US$560 m |
| Mineral or chemical fertilisers, potassic HS 3104 | 1.4% | 2.1% | 2.4% | US$548 m |
| Refined copper and copper alloys, unwrought HS 7403 | 5.6% | 2.2% | 2.4% | US$544 m |
| Dried leguminous vegetables, shelled, whether or not skinned or split HS 0713 | 1.5% | 1.5% | 1.7% | US$391 m |
| Wheat or meslin flour HS 1101 | under 0.05% | 1.8% | 1.4% | US$322 m |
| Mineral or chemical fertilisers, nitrogenous HS 3102 | 1.8% | 1.2% | 1.4% | US$315 m |
Total goods exports, 2024: US$22.8 bn. The ten largest headings are shown.