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Country Guide

Uzbekistan

Learn more about the business climate in Uzbekistan, including the political, economic, and social landscape.

Our Country Guides are available in two downloadable formats – a full-length, in-depth Doing Business In guide and a tear sheet, which provides a more concise country overview. Please see below for detail.

Doing Business in Uzbekistan

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TAGS
  • Income Tax
  • M&A
  • Employment
OVERVIEW

Uzbekistan stretches 1,425 kilometers from west to east and 930 kilometers from north to south, bordering Turkmenistan to the southwest, Kazakhstan and the Aral Sea to the north, and Tajikistan and Kyrgyzstan to the south and east. It also shares a short border with Afghanistan in the south. Uzbekistan is a dry, double-landlocked country with intensely cultivated and irrigated river valleys.

Uzbekistan is divided into 12 regions and the autonomous Republic of Karakalpakstan. According to the State Statistics Committee, the total population as of June 1, 2022 exceeded 35.2 million people.

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Business in Uzbekistan

OVERVIEW

Geographically situated in the heart of Central Asia, the country plays an important role as a bridge between Europe and the emerging economies of East, South and Southeast Asia.

 As one of the fastest growing economies in the world according to the World Bank, Uzbekistan is becoming part of the global economic shift towards Asia. A number of significant multinational companies have established a long-term presence in the country and have benefited from the skilled and relatively inexpensive workforce.

Uzbekistan has an area of 447,400 square kilometres (172,700 square miles). It is the 56th-largest country (after Sweden). Uzbekistan stretches 1,425 kilometres (885 miles) from west to east and 930 kilometres (578 miles) from north to south. Bordering Turkmenistan to the southwest, Kazakhstan and the Aral Sea to the north, and Tajikistan and Kyrgyzstan to the south and east, Uzbekistan is not only one of the largest Central Asian states but also the only Central Asian state to border all of the other four.

TAGS
  • Income Tax
  • Employment
  • Corporate Compliance
  • Value Added Tax (VAT)
CONTACTS

Contact us

Tashkent

Mirzo Ulugbek District
Okkurgan Street, 20-2

Tashkent

100187

+998 98 307 08 78

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