What is an "enterprise with foreign investment", and must my company be one?

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It is a status with a capital floor of 400 million UZS — and it is not the only way a foreigner owns an Uzbek company. 15% Foreign investment of at least fifteen per cent of the charter fund — the Investment Law’s definition, and only the first of three conditions. 400m UZS A charter fund of at least 400 million — 200 million in Karakalpakstan and Khorezm. >60% And more than sixty per cent of revenue from its own production — the condition that keeps ordinary foreign-owned companies out of the status. Two boxes The application form distinguishes them — "an enterprise with foreign capital participation" is a separate box from a branch of an enterprise with foreign investment. Share too The foreign share must match what the law sets for the status — a mismatch is its own ground of refusal. Licensed A licensed activity sets its own floor — the minimum is then whatever that activity’s legislation requires. 10× And the state duty multiplies — registration above 400,000,000 UZS of charter capital is charged at 10 times the base rate rather than 1. The registration regulation makes a short table of minimum charter funds binding as a ground of refusal — but only for entities for which legislation sets a capital requirement in the first place, and an ordinary limited liability company is not one of them. What the table covers is the status of an enterprise with foreign investment, for which it sets 400 million UZS outside Karakalpakstan and Khorezm and 200 million within them, and the general partnership, at fifty base calculation values. Where the business will carry on a licensed activity, the minimum is instead the one that activity’s own legislation prescribes. The status is distinct from foreign ownership as such, and it is not something an ordinary foreign-owned company falls into by accident. The Investment Law defines it as an enterprise in which foreign investment is at least fifteen per cent of the charter fund; the 2018 decree adds the capital floor and a third condition the Law does not mention — more than sixty per cent of revenue from the enterprise’s own production or from servicing its output. All three have to hold, which is why a foreign-owned trading company, consultancy or agency is outside the status whatever its capital.

What is an "enterprise with foreign investment", and must my company be one?

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