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Registration of a Family Enterprise (JV) in the Republic of Uzbekistan

An employee of a family enterprise may be the head of the family, his spouse, children and grandchildren, parents and other relatives. Participants of the family enterprise can only be persons with legal capacity.

  • In accordance with the legislation, the family enterprise bears subsidiary responsibility for the property belonging to them for the obligations of the family enterprise.
  • It is necessary to know that the statutory fund of a family enterprise must consist of at least ten times the minimum wage (10 MWR).
  • Also, in accordance with the legislation, a participant in a family enterprise can not be a participant in another family enterprise.
Submit your application
Registration of a Family Enterprise (JV) in the Republic of Uzbekistan
What is included in the service "Registration of a Family Enterprise":
  1. Consultation in the field of taxation and individual costing;
  2. Search and reservation of the firm name of the enterprise;
  3. Preparation of the application in "State services Centre";
  4. Preparation of a protocol / decision of the meeting of founders;
  5. Preparation of acts of acceptance and transfer in the formation of the Statutory Fund;
  6. Development of an individual package of constituent documents;
  7. Payment of state registration fee;
  8. Manufacturing of a stamp, requisite stamp and a corner stamp (Austrian COLOP R40 on automatic equipment);
  9. Registration with the Tax Inspectorate and selection of the taxation procedure;
  10. Preparation of primary documents (orders, labor contracts with employees);
  11. Opening of a current account in a bank;
  12. Maintenance of notarial certification;
  13. Preparation and submission of Form 8 to the Tax Inspectorate;
  14. Obtaining an Electronic Digital Signature (EDS) from the Tax Inspectorate (now it is given in State service Centre);
  15. Obtaining a key from the bank and training the use;
  16. Registration in the Halk Bank (Peopels Bank) in the system of individual accumulative pension accounts (INPS);
  17. Application and access (codes) for sending monthly electronic reports to the Halk Bank (Peopels Bank);
  18. Preparation ofdocuments for obtaining INPS book for the employees of the enterprise;
  19. Receipt of labor booklets at the labor exchange for employees of the enterprise;
  20. Preparation of accounting policy in accordance with NAS 1;
  21. Preparation of safety instructions;
  22. Drawing up a regulation on wages;
  23. Preparation of a lease contract, an act of acceptance and transfer to a non-residential premises, taking into account the requirements of legislation;
  24. Staffing.

The activities of the family enterprise are regulated by the Law of the Republic of Uzbekistan "On Family Business" of April 26, 2012, 

 

No.ZRU-327.

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