What to Do After Registering an LLC in Uzbekistan: A Step-by-Step Plan for the First 30 Days

State registration gives a limited liability company (LLC) legal entity status, a taxpayer identification number (TIN) and an entry in the state register. However, the right to sell, hire staff, accept payments and pay taxes lawfully and without penalties only comes after a series of separate steps. Some are expressly required by law, some are needed before a specific type of transaction, and the rest are about organizing the business itself.

This article sets out a plan for the first 30 days after registering an LLC: what to do and when, whether each step is mandatory, who is responsible, and what happens if it is missed.

If your LLC is not yet registered, start with our step-by-step guide “How a Foreigner Can Open an LLC in Uzbekistan”, which covers company structure, documents, the legal address and the registration itself. This article is the next step.

Key takeaways for day one

• An LLC’s tax obligations arise from the date of registration, not from its first sale.
• The director is the company’s executive body and must be appointed and duly authorized before any business transaction.
• Certain activities require a license, permit or notification before they begin, and LLC registration does not replace these.
• Not every company needs a cash register — only those that receive certain types of payments from customers.

A foreign founder does not need a work permit, but a foreign director or employee generally does.

1. What Is Urgent and What Can Wait

The tasks of the first month differ in nature: some are set by law with a specific deadline, others become mandatory only when a particular transaction takes place, and others relate to organizing the business. Below is the classification we will use throughout this plan.

2. Day 1: Review and Access Setup

The goal of day one is not to start operating, but to understand what the company has already received upon registration and what it still needs to get started. Since January 1, 2026, under the “Start a Business in 15 Minutes” principle (Presidential Decree UP-214 of November 14, 2025), several services can be ordered together with registration: a digital signature key, an application to open a bank account, applications for licenses and permits, and the appointment of the director with registration in the UNLS. These services are optional, so first check which of them have already been completed. Keep in mind that in practice, not everything in the package is finalized at the moment of registration: an online application does not replace a visit to the bank (see Section 3), and registering a lease in E-IJARA or purchasing an online cash register or payment terminal requires bank details that a new company does not yet have.

1. Verify Your Registration Details

• Mandatory: an error in the register will affect your contracts, bank account and tax registration.
• Responsible: the director and the founder.
• What to check: in the registration certificate and the extract from the Unified State Register — company name, TIN, address, OKED code (Classifier of Types of Economic Activity), charter capital amount, list of participants and director details.
• If you skip this step: the discrepancy will surface when you open a bank account or close your first deal, and correcting it will require registering amendments.

2. Obtain the Company’s Digital Signature or Confirm It Has Been Issued

• Mandatory: in practice, yes. Without the legal entity’s digital signature (EDS), many operations are impossible: issuing e-invoices, preparing and filing tax returns in the taxpayer’s online account, registering leases in E-IJARA, working in the UNLS and submitting applications on government portals. At many banks, the EDS is part of two-factor authentication, and you cannot log in to online banking without it; at other banks, the second factor is a code sent by SMS or email, and an EDS is not needed for banking.
• Who it is issued to: a legal entity’s EDS is issued in the name of the director and linked to the company’s TIN. The director may also have a personal EDS as an individual — this is a different key used for different purposes.
• Where to get it: at a Public Services Center, via the Single Portal of Interactive Government Services, or at e-imzo.soliq.uz.
• If you skip this step: the company will be unable to issue its first e-invoice, prepare and file tax returns, or confirm a lease agreement.

3. Check Your Tax Status and Tax Regime

• Mandatory: yes — tax obligations arise from the date of registration.
• Responsible: the director; in practice, the accountant.
• What to check: which regime the company applies (turnover tax or the general regime with VAT and corporate income tax). The tax regime is not shown in the register extract, so check it in the taxpayer’s online account or confirm with the tax inspectorate whether there are restrictions on applying turnover tax to your type of activity, and whether the company is registered with the tax authority at its registered location.
• If you skip this step: the company may end up applying a regime it is not entitled to, resulting in additional tax assessments, fines and late-payment interest.

4. Confirm That the Director Has Been Appointed and Duly Authorized

• Mandatory: yes — the founders elect the company’s executive bodies when it is established (Article 11 of the Law of the Republic of Uzbekistan “On Limited Liability Companies”, the LLC Law).
• What to check: the decision of the sole participant or the minutes of the founders’ meeting on the appointment, the term of office under the charter, and whether the director’s details in the register are correct.
• If the director is a foreign national: before the appointment, determine whether they need a document confirming the right to work and, if so, how the company will operate until it is issued (see Section 6).

5. Map Out Your Obligations for the Next 30 Days

• Answer six questions: Will you have employees this month? Does your activity require a license, permit or notification? Will you accept cash or card payments from individuals? Where will the company actually operate? Will there be imports, exports or foreign currency payments? Are there foreign nationals among the director and staff? Your answers determine which items in this plan are mandatory for you and which can be skipped.

In practice: if the digital signature is already in hand, many day-one tasks take about an hour. If not, the EDS becomes the bottleneck for the entire first week — without it, you cannot get started with E-IJARA, e-invoicing or the UNLS.

3. Days 2–7: Bank Account, Accounting, Taxes, Lease Registration and Licenses

The first week is the time to put in place the infrastructure without which the first transaction cannot happen.

Bank Account

The law does not set a single deadline for opening a business current account (settlement account) for every LLC. In practice, however, the account is needed before the first transaction: it is used to make the cash contribution to the charter capital, receive payments from legal entities, pay taxes and salaries, and pay for the digital signature and the online cash register. Settlements between legal entities are generally made by bank transfer, so a company without an account effectively cannot work with corporate clients. In addition, without bank details you cannot sign a lease agreement or set up an online cash register or payment terminal — which is why the bank account is opened first.

Open a current account

• Deadline: before the first payment, the first contribution to the charter capital or the first payroll — whichever comes first.
• Who opens it: the director, in person. No bank in Uzbekistan will open an account remotely using a digital signature alone. An account application can be submitted as part of the package of services offered at registration, but it does not replace a visit to the bank: at the branch, the director signs the banking services agreement, agrees on the fees, and orders a token or other access to online banking, as well as corporate and payroll cards.
• What the bank usually requests: the registration certificate, the charter, the decision appointing the director, the director’s identity documents, information on beneficial owners and details of the planned business activities. The bank carries out its own customer due diligence (KYC) and may request additional documents.
• Companies with foreign participation: be prepared to disclose the ownership chain up to the ultimate beneficial owner and to confirm the source of funds. If a participant or the director is a foreign national, the bank always refers the company’s information to its compliance department, and a decision on opening the account is made only after this review — usually within about one day. As a result, an online application submitted at registration does not speed up the process in practice. If the charter capital contribution is made in foreign currency, or if you plan to import, export or make foreign currency payments, open a foreign currency account right away; for imports, you will also need a VAT payer certificate (see “Tax Obligations”).
• What to consider when choosing a bank: fees for payments and currency control, the quality of online banking, integration with 1C, and processing times for foreign trade contracts.
• Access to online banking: check how the bank verifies logins. At some banks, the EDS is a mandatory element of two-factor authentication and access is impossible without it; at others, a code sent by SMS or email is sufficient.

Accounting

The obligation to keep accounting records arises from the date of registration, and the director is personally responsible for organizing them. The director may assign bookkeeping to a chief accountant, outsource it to a specialized firm under a service agreement or, in cases provided for by law for small companies, keep the books personally.

Choose your accounting model: in-house accountant or outsourcing

Deadline: before the first business transaction — the first payment, the first contract or the first payroll calculation.

Responsibility: remains with the director under either option.

Adopt an Accounting Policy

By order of the director, for both financial accounting and tax purposes. The policy sets out accounting methods, the format of accounting registers, the document workflow and, if the company has several types of activity, the procedure for keeping separate records.

Set Up a System for Source Documents

E-invoices, certificates of completed work, delivery notes, cash register receipts, expense reports and bank statements. Every incoming and outgoing payment must be supported by a document — a contract, invoice, e-invoice or receipt.

In practice: the most common mistake is bringing in an accountant after the first transactions. Restoring source documents retroactively always costs more than setting them up properly from day one.

Tax Obligations

A registered LLC is not exempt from tax compliance simply because it has no sales yet. The tax authority does not file returns on the company’s behalf: the taxpayer logs in to the taxpayer’s online account, selects the relevant return, prepares it and submits it, signing it with the EDS. VAT and turnover tax returns are pre-filled automatically using data from e-invoices, online cash registers and other information systems — they need to be reviewed and submitted. Returns for corporate income tax, personal income tax and social tax are completed manually. A return that has been prepared but not submitted is treated as not filed, with all the tax consequences that entails.

• Check whether the company is eligible for turnover tax. The regime is not available, in particular, to producers of excisable goods, fuel sellers, pharmacies and medical organizations, markets, audit firms, tax consultants, jewelry sellers and importers.
• Set up a tax calendar with filing and payment dates for the first three months.
• If you plan to apply the general regime, review the transitional incentives: when switching from turnover tax to VAT for the first time, no penalties are imposed for missing the VAT registration deadline during the year, and part of the cost of accounting services, up to 3.5 times the minimum wage per month for six months, reduces tax payments.
• If you plan to import goods, obtain a VAT payer certificate before the first import delivery. Note that issuing the certificate involves a site visit by a tax inspector to the registered address (see “Leases and E-IJARA”).

Leases and E-IJARA

The LLC Law requires a company to have a postal address for correspondence; as a general rule, its location is its place of registration (Article 5). There is no separate requirement for every LLC to have a physical office. However, if the company actually uses premises — an office, warehouse or retail outlet — their use must be formalized by a contract.

Important for VAT payers: when a company applies for a VAT payer certificate, an inspector from the district tax inspectorate visits the company’s registered address within 5 days under the established procedure, records in an official report that the company is located at that address and photographs the premises. Therefore, if the company plans to operate as a VAT payer, it should take into account all the specifics of obtaining a VAT certificate.

Sign a lease or rent-free use agreement for every premises the company actually uses, not just for the legal address. The agreement must include the parties’ bank details, so it can only be signed and registered in E-IJARA after the bank account is opened — this cannot be done at the same time as registering the LLC.

Register the agreement in E-IJARA

Who registers it: the landlord enters the agreement into the system, and the tenant confirms it. Legal entities log in with the company’s EDS, and individuals with their personal EDS.

Deadlines: under the administrative procedure, the landlord registers the agreement within 3 days of signing, and the tenant confirms it within 5 days.

After registration: the system generates a certificate with a QR code. If the agreement is terminated early, it is deregistered upon notification by the landlord.

If you skip this step: the absence of a registered agreement is a high tax risk indicator; during a tax audit, inventory held at unregistered premises may not be recognized.

If the landlord is an individual, consider the tax implications: rent paid to individuals is subject to personal income tax withholding rules and minimum rental rates for tax purposes. Check these terms with your accountant before signing.

If your registered address and actual place of business differ, sign and register agreements for both addresses. Counterparties, the bank and the tax authority will look for the company at the address in the register.

Licenses, Permits and Notifications

An LLC may engage in any activity that is not prohibited, including activities not listed in its charter. However, certain types of activity, as listed in legislative acts, may only be carried out under a license or permit, or on a notification basis (Article 3 of the LLC Law). Registering the company does not replace this requirement.

• Compare your actual activities against the lists of licensed activities and activities requiring a permit or notification. The requirements most often apply to medicine and pharmaceuticals, education, construction and design, transportation, alcohol and tobacco sales, financial services, tourism, work with hazardous substances, and certain IT and telecom services.
• Submit your application before starting the relevant activity. A licensed activity may not begin before the license has been obtained or the notification has been submitted.
• Check the licensing requirements for the company: minimum charter capital, staff qualifications, premises and equipment. The LLC Law expressly allows the minimum charter capital to be set by licensing requirements.

4. Days 8–14: Director, Employees, Contracts and Cash Register

By the second week, the company should have its digital signature, bank account and accountant in place. Now you can formally hire staff, sign your first contracts and prepare to accept payments.

Appointing the Director: Four Separate Legal Steps

Appointing a director is often seen as a single action. In reality, it involves four separate steps, and each must be completed on its own.

 The director does not have to be one of the participants. The term of office is set by the charter. Under the new LLC Law, the director owes fiduciary duties to the company, and if the company becomes insolvent as a result of the director’s unlawful actions, the director may be held subsidiarily liable.

• Sign an employment contract with the director and register it in the UNLS. This is required even when the director is the sole employee and also the sole participant. If the director receives a salary, the company withholds personal income tax and pays social tax.
• Prepare powers of attorney for anyone who will sign documents on the director’s behalf: the accountant, a manager, or a representative dealing with the bank and government authorities. Contracts signed by an unauthorized person may be challenged.

Employees

A company can operate without hired staff if all the work is done by the director or by contractors under civil law contracts. However, as soon as a person actually performs a job function under the company’s direction, the relationship must be formalized as employment.

• Sign a written employment contract before the employee starts work — on paper or electronically through the UNLS.
• Register the contract in the UNLS. A paper contract must be registered within five working days of signing; this data is used to generate the employee’s electronic employment record. The procedure is explained in detail in our article “How to Hire an Employee in Uzbekistan”.
• Issue a hiring order and have the employee sign to acknowledge it within three days of starting work.
• Before signing the contract, familiarize the employee with the working conditions, the internal labor regulations and the local policies related to their job.
• Set up payroll: personal income tax of 12%, social tax of 12%, salary payments at least as often as required by the Labor Code, and timesheet records.
• A probationary period may only be set by a clause in the employment contract: up to three months, or up to six months for the director and the chief accountant.

Contract Framework

The goal is not to draft everything at once, but to have a contract in place before the first transaction of each type.

• Before signing, verify the signatory’s authority on the counterparty’s side: the register extract, the power of attorney and any charter restrictions on major transactions.
• For foreign trade contracts, agree in advance with the bank on the requirements for currency control and contract registration.

Cash Registers: When You Actually Need One

There is no need to buy a cash register “just in case.” An online cash register or virtual cash register is mandatory for businesses that accept cash or bank card payments from the public.

• If you need a cash register, set it up after opening the bank account: purchasing or leasing an online cash register and a payment terminal requires bank details. In most cases, the bank itself provides the cash register and terminal, either for rent or for sale. You can buy the equipment yourself, but it will still need to be registered with the bank, the tax authority and other systems using your account details. The cash register must be registered before the first payment is received.
• Check the restrictions on accepting cash. Since April 1, 2026, payment for certain goods and services, as defined by a list of IKPU (product and service identification) codes, may only be accepted by non-cash means.
• Keep track of changes: Cabinet of Ministers Resolution No. 393 of July 20, 2026 updated the Regulation on the Use of Online Cash Registers and Virtual Cash Registers. The new version takes effect on October 22, 2026 and does not apply before that date.

5. Days 15–30: Internal Documents, Controls and Your First Reporting

By mid-month, the company is usually already carrying out its first transactions. The second half of the month is the time to close any documentation gaps and prepare for the first reporting deadline.

Internal Documents: What Is Mandatory and What Is Not

Not every document in the typical “new LLC package” is mandatory. Divide them into three groups.

Reviewing Your First Transactions

• Reconcile the bank and the books: every receipt and payment on the bank statement must be supported by a contract, invoice, e-invoice, certificate of completion or receipt.
• Check your e-invoices: have e-invoices been issued for all sales except those covered by a cash register receipt, and have incoming e-invoices from suppliers been accepted?
• Check cash register compliance, if a cash register is used: did every payment from individuals go through a fiscal receipt?
• Review HR matters: do actual working conditions match the contracts, are all contracts registered in the UNLS, and have all acknowledgments been signed?
• Check licenses and notifications: has the company started any activity for which the required document has not yet been obtained?
• Make sure lease agreements for all premises have been confirmed in E-IJARA.

Preparing for Your First Reporting

• Identify your first reporting deadline. For turnover tax, the return is filed and the tax is paid no later than the 15th of the month following the reporting month. Payroll taxes, VAT and corporate income tax have their own filing deadlines — add them to your tax calendar.
• Be aware of the consequences of missing a deadline. Late filing by a micro-firm or small enterprise is subject to a fine of 3 BCA; understating tax due to an incorrect calculation carries a fine of 20% of the underpaid amount; and late-payment interest accrues for each day of delay.
• Plan your corporate calendar: the annual general meeting of participants, which approves the year’s results, must be held no later than six months after the end of the financial year (Article 32 of the LLC Law).

In practice: even if there were no transactions in the first month, returns must still be filed. The company prepares and submits a nil return in the taxpayer’s online account in the same way as a regular one — if it is not submitted, the consequences of late filing apply.

6. Additional Considerations When Foreign Nationals Are Involved

The key rule: being a participant and being an employee are two different statuses. A foreign founder who only holds a stake and does not work in the company does not need a work permit. The question arises when a foreign national becomes the director or an employee.

 Exceptions Worth Checking

In practice, several exceptions to the general rule apply. They should be checked against the current version of the relevant legislation as of the appointment date, since the conditions change.

• A founder of a foreign enterprise (FE) or joint venture (JV) may work there without permit documents for a limited period of up to three months. For an LLC with foreign enterprise (FE) status, this makes it possible to appoint a foreign founder as director immediately after registration (more details in our previous article).
• The UP-113 exemption. Presidential Decree UP-113 also provides an exemption that allows a foreign national to work without permit documents. Check whether your case qualifies before appointing the director.
• Interim resident director. If none of the exceptions apply, a citizen or resident of Uzbekistan can be appointed as director while the documents are being processed, with the foreign national appointed after receiving confirmation of the right to work.
• A foreign investor who has acquired participatory interests or established a foreign enterprise with investments of at least the established threshold (under the current regulation, 8,500 BCA at the time of contribution) may work in that company in any position without a permit.
• Certain categories — for example, specialists working under intergovernmental agreements — are exempt on special grounds.

Practical Checklist for Foreign Owners

• Obtain a PINFL and a personal EDS — without them, it is difficult to sign participant decisions and use government services remotely.
• Prepare documents for the bank showing the ownership structure up to the ultimate beneficial owner and, where necessary, apostilled corporate documents of the foreign participant.
• If the charter capital contribution is made in foreign currency, open a foreign currency account and make sure the payment reference matches the charter capital decision.
• If a foreign national will be appointed as director, resolve the right-to-work and temporary stay registration issues before the appointment, not after; if necessary, appoint an interim resident director.
• If the company will work with foreign counterparties, prepare foreign trade contracts in advance in line with the bank’s requirements.
• Profits may be distributed to participants only after the charter capital has been paid in full; dividends must be paid within 60 days of the decision (Articles 26–27 of the LLC Law).

7. Common Mistakes in the First 30 Days

8. Your LLC Is Ready to Operate If…

Go through this checklist at the end of the month. Items marked “if” are mandatory only when the relevant circumstances apply.

• The details in the register have been verified and match the company’s actual activities
  
• The company has a legal entity EDS that works in the taxpayer’s online account, E-IJARA and the UNLS
  
• The director has been elected by a participant’s decision or meeting minutes, and their authority is confirmed
  
• An employment contract has been signed with the director and registered in the UNLS
  
• Accounting is organized: an accountant has been appointed or an agreement signed with an accounting firm, and the accounting policy has been adopted
  
• Eligibility for the tax regime has been confirmed and a tax calendar has been drawn up
  
• A current account has been opened; if there are foreign currency transactions, a foreign currency account as well
  
• If imports are planned, a VAT payer certificate has been obtained
  
• The deadline and procedure for paying the charter capital have been determined
  
• If premises are used, the agreement has been signed and confirmed in E-IJARA
  
• If the activity is licensed, a license or permit has been obtained or a notification submitted
  
• If there are employees, their contracts have been signed and registered in the UNLS, orders issued and local policies communicated
  
• If payments are accepted from individuals in cash or by card, a cash register has been registered
  
• If a foreign national works in the company, confirmation of the right to work has been obtained or a legal basis for working without it has been confirmed
  
• Standard contracts with customers and suppliers are ready, and a procedure for verifying counterparties’ authority is in place
  
• Every transaction is supported by a source document, and documents are stored in a single system
  
• Upcoming deadlines are known: first-month tax filings and payments, charter capital payment, and the validity periods of licenses and confirmations