juris.hq
ComplianceUpdated 30.08.2026

Can shareholders sign a shareholders’ agreement in Uzbekistan?

Short answer

Yes — the LLC law names the corporate agreement, governed by the Civil Code.

NamedA corporate agreement is a right — founders and shareholders may contract on how they exercise their rights (LLC Law, Art. 9 — lex.uz ↗)
BesideIt sits beside the charter, not above it — the charter remains the registered document that binds third parties (LLC Law, Art. 12 — lex.uz ↗)
Used forWhat partners put in it — voting arrangements, transfer standstills, exit sequencing, deadlock resolution — the private layer the public charter does not carry
What the law provides

The LLC law lists, among a shareholder’s rights, concluding a corporate agreement between the founders or shareholders on the realisation of their rights, in the order the Civil Code establishes. That is the Uzbek home of the shareholders’ agreement: a private contract layered over the charter, holding the arrangements partners do not want in a registered public document. (LLC Law, Art. 9 — lex.uz ↗)

Its natural companions are in the same law: the charter can already vary preemption mechanics, demand consents for transfers, and set the exit consequences — and the founding documents may send deadlocks to mediation or arbitration. A well-built structure decides what lives in the registered charter and what lives in the private agreement, and keeps the two from contradicting each other. (LLC Law, Arts. 8, 21 — lex.uz ↗)

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