Tentmaker Reports

Uzbekistan Report

Entrepreneurial Missions Index

44.6

General Information

Population

28,160,361 (45th most populous country in the world)

RELIGIONS
Muslim88%
Eastern Orthodox9%
Other3%
LANGUAGES
Uzbek74.3%
Russian14.2%
Tajik4.4%
Other7.1%

Industries

Textiles, food processing, machine building, metallurgy, gold, petroleum, natural gas, chemicals

Unless otherwise noted, all information included here was obtained from the World Factbook project 4, conducted by the Central Intelligence Agency (CIA). For more detailed information about Uzbekistan, visit https://www.cia.gov/library/publications/the-world-factbook/geos/uz.html.

Business Information

The World Bank ranks Uzbekistan as 164 out of 183 economies in terms of ease of doing business. The country ranks as 0 (of 183) in terms of ease of starting a business.

It requires 0 procedures, takes 0 days, and costs N/A% of income per capita to start a business in Uzbekistan.

In order to start a business in Uzbekistan, one must follow these procedures:

  1. Notarize company’s articles of association and signatures
  2. Obtain approval of company’s bylaws from the Auditoria Interna de la nacion
  3. Register with the National Registry of Commerce
  4. Publish summary in the official Gazette
  5. Publish summary in one local newspaper
  6. Notary Public picks up application forms at the Tax Administration and certifies the form after it is signed by founders
  7. Registration with the Tax Administration and the Social Security Bank
  8. Declaration of Board of Directors information with the Registry of Commerce
  9. Purchase the labor book from the bookstore
  10. Purchase the working act and register payroll at the Ministry of Labor (MTSS)
  11. File for workplace accident insurance of employees with the State Insurance Bank

Unless otherwise noted, all information included here was obtained from the Doing Business project 3, conducted by the World Bank. For more detailed information about starting a business in Uzbekistan, visit http://www.doingbusiness.org/.

 

To learn more...

 

Uzbekistan Economic Freedom

The World Economic Forum (WEF) was founded in 1971 by Klaus Martin Schwab at the University of Geneva in Switzerland. It is a non-profit foundation best known for its annual meeting in Davos, Switzerland, which brings together top business leaders, international political leaders, selected intellectuals and journalists to discuss both economic and social issues facing the world. The WEF also serves as a think tank, and publishes a wide range of reports focusing on issues of concern and importance to Forum communities. In particular, Strategic Insight Teams focus on producing reports of relevance in the fields of competitiveness, global risks and scenario thinking. The Global Competitiveness Report measures competitiveness of countries and economic competitiveness among a wide range of factors such as corruption, tax rates, work ethic, and many others.
 

Uzbekistan Summary

 

1 World Economic Forum

2 Free the World
Gwartney, James and Robert Lawson with Herbert Grubel, Jakob de Haan, Jan-Egbert Sturm, and Eelco Zandberg (2009). Economic Freedom of the World: 2009 Annual Report. Vancouver, BC: The Fraser Institute. Data retrieved from www.freetheworld.com.

3 World Bank Data

4 World Factbook Project

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