juris.hq
Starting a companyUpdated 07.09.2026

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

Short answer

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.

400m UZSThe minimum charter fund for an enterprise with foreign investment — outside Karakalpakstan and Khorezm, in the table a filing below which is refused (Registration Regulation, Para. 40 — lex.uz ↗)
200m UZSThe same, in Karakalpakstan and Khorezm (Registration Regulation, Para. 40 — lex.uz ↗)
Two boxesThe application form distinguishes them — "an enterprise with foreign capital participation" is a separate box from a branch of an enterprise with foreign investment (Registration Regulation, Para. 9 — lex.uz ↗)
Share tooThe foreign share must match what the law sets for the status — a mismatch is its own ground of refusal (Registration Regulation, Para. 41 — lex.uz ↗)
LicensedA licensed activity sets its own floor — the minimum is then whatever that activity’s legislation requires (Registration Regulation, Para. 40 — lex.uz ↗)
What the law provides

The registration regulation makes a short table of minimum charter funds binding as a ground of refusal, and an ordinary limited liability company is not in that table. 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. (Registration Regulation, Para. 40 — lex.uz ↗)

The status is distinct from foreign ownership as such. The application form treats "an enterprise with foreign capital participation" as its own category, taking one of the ordinary legal forms; and the act adds a refusal ground where the share of foreign investment stated in the founding documents does not match the share the law establishes for enterprises with foreign investment. The conditions of the status itself live in the investment legislation rather than here, so a founder deciding between the two is deciding a question this act frames but does not answer. (Registration Regulation, Paras. 9, 41 — lex.uz ↗)

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Part of the answer bank 132 questions, each cited to the article it rests on.