Uzbekistan

Ease of Doing Business in

Uzbekistan

This page summarizes Doing Business 2013 data for Uzbekistan. The first table lists the overall "Ease of Doing Business" rank (out of 185 economies) and the rankings by each topic. It also lists the economy's distance to frontier (DTF)** measure. The rest of the tables summarize the key indicators for each topic and benchmark against regional and high-income economy (OECD) averages.

Economy Overview

Region Eastern Europe & Central Asia
Income Category Lower middle income
Population 29,341,200
GNI Per Capita (US$) 1,510
Doing Business 2013 Rank Doing Business 2012 Rank Change in Rank
154 168 down 14

Doing Business 2013 DTF** (% points) Doing Business 2012 DTF** (% points) Improvement in DTF** (% points)
46.7 44.2 down 2.5
Topic Rankings DB 2013 Rank DB 2012 Rank Change in Rank
Starting a Business 90 90 No change
Dealing with Construction Permits 152 145 up -7
Getting Electricity 167 172 up 5
Registering Property 138 138 No change
Getting Credit 154 158 up 4
Protecting Investors 139 136 up -3
Paying Taxes 161 159 up -2
Trading Across Borders 185 185 No change
Enforcing Contracts 46 45 up -1
Resolving Insolvency 73 124 up 51

Economy Profile

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Starting a Business

Info

The challenges of launching a business are shown below. Included are: the number of steps entrepreneurs can expect to go through to launch, the time it takes on average, and the cost and minimum capital required as a percentage of gross national income (GNI) per capita.

DB 2013 Rank 90 DB 2012 Rank 90 Change in Rank 0
DB 2013 DTF** (% points) 87.0 DB 2012 DTF** (% points) 86.4 Improvement in DTF** (% points) up0.6
YearNew business densityNumber of new limited liability companies
2011 0.916,142
Indicator Uzbekistan Eastern Europe & Central Asia OECD

The total number of procedures required to register a firm. A procedure is defined as any interaction of the company founders with external parties (for example, government agencies, lawyers, auditors or notaries).

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Procedures (number)
6 6 5

The total number of days required to register a firm. The measure captures the median duration that incorporation lawyers indicate is necessary to complete a procedure with minimum follow-up with government agencies and no extra payments.

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Time (days)
12 14 12

Cost is recorded as a percentage of the economy’s income per capita. It includes all official fees and fees for legal or professional services if such services are required by law.

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Cost (% of income per capita)
3.8 6.8 4.5

The amount that the entrepreneur needs to deposit in a bank or with a notary before registration and up to 3 months following incorporation and is recorded as a percentage of the economy’s income per capita.

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Paid-in Min. Capital (% of income per capita)
27.4 5.0 13.3
No. Procedure Time to Complete Associated Costs
1 Register the name of the company 1 day no charge
2 Open a temporary bank account with a local bank and transfer 30% of each founder’s contribution to the account; pay the registration fee 2 days no charge
3 Register with the local authority (khokimiyat) and obtain the certificate of state registration 6 days UZS 62,920 (1 time the minimum wages for registration fee)
4 Make a company seal 1 day UZS 30,000 to 50,000
5 Notarize samples of signatures of the company’s general director and chief accountant 1 day UZS 1258 (2% of minimum monthly wage per transaction)
6 Open a permanent bank account with a local bank 1 day no charge

** The distance to frontier (DTF) measure shows the distance of each economy to the "frontier," which represents the highest performance observed on each of the indicators across all economies included in Doing Business since each indicator was included in Doing Business. An economy’s distance to frontier is indicated on a scale from 0 to 100, where 0 represents the lowest performance and 100 the frontier. Read more...

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