Uzbekistan Doing Business 2020

Make a company seal
: Specialized seal-making company
Agency
According to Article 5 of the Law "On limited liability company" (http://lex.uz/Pages/GetAct.aspx?
lact_id=18793), small companies are not legally required to have a seal. However, most
companies still prefer to do so in practice.
Starting from April 1, 2017, small companies are no longer required to approve the seal design
with the registration authorities. The company’s seal must be made by a specialized seal-making
company. For ordering a seal, the company should provide the Registration Certificate.
1 day
UZS 50,000 - 100,000
3
Open a permanent bank account with a local bank
: Commercial Bank
Agency
Companies open bank accounts in order to conduct official business, and because in practice Tax
Authorities expect a notification regarding company’s corporate account number. In addition
corporate bank account is required for notification of Xalq bank.
To open a permanent bank account, it is required to submit the Decision of the newly registered
company on nomination of the director of the company and the accountant.
Requirement to submit originals and copies of the certificate of registration and constituent
documents was abolished. When opening a bank account, banks independently gain access to
information about the business entity (registration certificates and constituent documents).
After opening a permanent bank account for the company, the bank notifies Tax Authorities and
Khalk bank (People's bank) regarding the company's bank account.
1 day
no charge
Uzbekistan
Doing Business 2020
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Dealing with Construction Permits
This topic tracks the procedures, time and cost to build a warehouse—including obtaining necessary the licenses and permits, submitting all required notifications,
requesting and receiving all necessary inspections and obtaining utility connections. In addition, the Dealing with Construction Permits indicator measures the building
quality control index, evaluating the quality of building regulations, the strength of quality control and safety mechanisms, liability and insurance regimes, and professional
certification requirements. The most recent round of data collection was completed in May 2019.
See the methodology for more information