juris.hq
Starting a companyUpdated 09.09.2026

What counts as an "investment" in Uzbek law?

Short answer

Money, property, intellectual property and reinvested profit — put in at risk, for profit.

The definitionMaterial and non-material goods and rights to them, invested on terms of bearing risk, to make a profit (Investment Law, Art. 3 — lex.uz ↗)
MoneyFunds including foreign currency, deposits, units, shares, bonds and other securities (Investment Law, Art. 3 — lex.uz ↗)
ThingsMovable and immovable property — buildings, plant, equipment, machinery (Investment Law, Art. 3 — lex.uz ↗)
Know-howIntellectual property rights, patented and unpatented, as technical documentation, skills and production experience (Investment Law, Art. 3 — lex.uz ↗)
Profit back inReinvestment counts — including dividends, interest, royalties and fees put back in (Investment Law, Art. 3 — lex.uz ↗)
HowFounding a company or taking a share in one is itself a form of investing (Investment Law, Art. 6 — lex.uz ↗)
What the law provides

The definition matters because the guarantees attach to it. An investment is material and non-material goods and rights to them — intellectual property rights included — and reinvestments, put in by an investor on terms of bearing risk, into objects of the social sphere, business, science and other activity, for the purpose of making a profit. Money and securities, movable and immovable property, and technical, technological and commercial knowledge held as documentation, skills or production experience are all named. (Investment Law, Art. 3 — lex.uz ↗)

The forms it can take are equally broad: creating a legal entity or taking a share in one, including by acquiring property, shares or participation interests; buying securities; concessions and production-sharing; acquiring ownership including intellectual property, trade marks, trade names, know-how and goodwill; and acquiring rights to land and other natural resources. Changing the form in which the money sits does not change its character as an investment. (Investment Law, Arts. 3, 6 — lex.uz ↗)

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Part of the answer bank 195 questions, each cited to the article it rests on.