juris.hq
ComplianceUpdated 30.08.2026

How do I sell or transfer a share in an Uzbek LLC?

Short answer

Written form, a preemption round, then the register entry makes it real.

Check the charter — transfers between shareholders are free by default; sales to third parties work unless the charter forbids them, and the charter may add consent requirements or a notary (LLC Law, Art. 21 — lex.uz ↗)
Offer it inside first — the seller notifies the company and the shareholders in writing with the price; each holds a preemptive right, pro-rata by default, with seven days to claim and a month for the round (LLC Law, Art. 21 — lex.uz ↗)
Sign and register — simple written form unless the charter demands notarisation; the share passes when the entry lands in the state business register (LLC Law, Art. 21 — lex.uz ↗)
What the law provides

A shareholder may sell or otherwise assign a share, or part of one, to other shareholders without anyone’s consent, and to third parties unless the charter prohibits it. The deal takes simple written form — notarisation only where the charter requires it — and the right passes on entry in the state register of business entities, confirmed by an extract. A deal breaking the form or the registration order is invalid, and only the paid-up part of a share can move before the capital-payment deadline runs out. (LLC Law, Art. 21 — lex.uz ↗)

The preemption round protects the shareholders first and the company second: a sale past a violated preemptive right can be reclaimed through court within three months of the violation becoming known, by transferring the buyer’s rights and obligations. Shares also pass by inheritance and legal succession; the charter may condition that passage on the other shareholders’ consent, which is deemed given if no written refusal arrives within thirty days. (LLC Law, Art. 21 — lex.uz ↗)

One new rule changes control deals: a person coming to hold fifty per cent or more of the capital must, within fifteen days, offer the minority shareholders to buy their shares at market value — and must buy from any shareholder who accepts within thirty days. (LLC Law, Art. 21 — lex.uz ↗)

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Part of the answer bank 89 questions, each cited to the article it rests on.