Can a foreigner own 100% of an Uzbek company?

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Accepted Answer

Yes. 100 per cent — any nationality, no local partner. 100% Full foreign ownership — a foreign individual or a foreign company may hold the entire charter capital; the LLC law admits individuals and legal entities as shareholders and draws no nationality line. Guaranteed And the guarantee is positive, not merely an absence — the state guarantees no discrimination by citizenship, residence, place of business or where the capital comes from. Equal The regime for foreign investment may not be less favourable than for Uzbek investors. Separate Management is not ownership — a director on record manages; the director holds no shares by virtue of the role. Uzbek law places no ceiling on foreign participation in an LLC: the shareholder article admits individuals and legal entities, allows a single founder, and draws no nationality line — one foreign individual, one foreign company, or any mix may hold all of the charter capital. There is no local-partner or sponsor requirement of the kind some jurisdictions impose. Ownership and management are separate questions — the company needs a director on record, and that person need not hold shares. The Investment Law puts the same point positively rather than as a silence. The state guarantees that investors are not discriminated against by reason of their citizenship, place of residence, place of economic activity or the country the investor or the investment comes from; and the legal regime for foreign investment may not be less favourable than the regime for investment by Uzbek persons. Sectors may be restricted by other legislation, but ownership as such is not.

Can a foreigner own 100% of an Uzbek company?

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