Registration of an Individual Entrepreneur (IE) in Uzbekistan

An Individual Entrepreneur (IE) is a private individual conducting business activities without forming a legal entity. Registering an IE in Uzbekistan is an ideal option for those who want to start their own business with minimal costs and bureaucratic procedures.

Ummeli Trust offers a full range of services for registering IEs, including preparing all necessary documents, consultations, and legal support.

Advantages of IE Registration

• Simplified Registration:
  • Minimal documentation requirements.
  • Registration takes only 1–2 working days.
• Low Costs:
  • No need to form charter capital.
  • Low registration and operating costs.
• Flexibility:
  • The ability to operate without hired employees.
  • Simple process for suspending or closing operations.
• Simplified Taxation System:
  • Option to choose between a fixed tax or a simplified tax system.

Minimal accounting requirements.

Who Can Register as an IE?

• Citizens of Uzbekistan.
• Foreign nationals with a residence permit.

Stateless individuals with permanent registration in the Republic of Uzbekistan

Process of Registering an IE

1. Preparation of Documents
   The following documents are required for registration:
   • Passport or ID card.
   • Registration application form.
   • Electronic digital signature (EDS) for online registration.
   • Payment of state duty (the fee equals one base calculation value — BCV).
2. Choosing the Registration Method
   • Online Registration via the Unified Portal of Interactive Public Services (EPIGU):
     Convenient for those familiar with online platforms.
   • Registration through the Center for Public Services (CPS):
     Suitable for those preferring offline assistance.
3. Tax Registration
   After registering the IE, the following steps are required:
   • Obtain a Taxpayer Identification Number (TIN).
   • Register with tax authorities.
   • Choose an appropriate tax system (fixed tax or simplified regime).

Opening a Bank Account
IEs are required to open a bank account for their business operations. This facilitates cashless transactions and simplifies financial management.

Features of IE Registration for Foreign Nationals

Foreign nationals can register as an IE in Uzbekistan under the following conditions:

• Possession of a residence permit or temporary registration.
• Translation and notarization of the passport.
• Completion of standard registration procedures.