No. Owning needs no visa or residence — working in it is a different question.
Shareholding is not presence: the LLC law admits individuals and legal entities as shareholders and attaches no visa, residence or presence condition to holding a share. A founder can own, vote and receive dividends from abroad for the life of the company — the setup itself runs under a power of attorney, and the shareholder’s identifiers are obtained without an appearance. (LLC Law, Art. 8 — lex.uz ↗)
The rules arrive with work, not ownership. A foreigner who takes up management or employment inside Uzbekistan meets the labour-migration regime — the permit and confirmation answers cover who needs which, who is exempt, and what the sequence to a work visa is.
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Part of the answer bank — 89 questions, each cited to the article it rests on.