Uzbekistan

Ease of Doing Business in

Uzbekistan

This page shows summary Doing Business 2012 data for Uzbekistan. The first table lists the overall "Ease of Doing Business" rank (out of 183 economies) and the rankings by each topic. 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 28,160,361
GNI Per Capita (US$) 1,280.00
Doing Business 2012 Rank Doing Business 2011 Rank Change in Rank
166 164 down -2
Topic Rankings DB 2012 Rank DB 2011 Rank Change in Rank
Starting a Business 96 107 up 11
Dealing with Construction Permits 145 148 up 3
Getting Electricity 170 171 up 1
Registering Property 136 136 No change
Getting Credit 159 139 up -20
Protecting Investors 133 131 up -2
Paying Taxes 157 152 up -5
Trading Across Borders 183 183 No change
Enforcing Contracts 43 43 No change
Resolving Insolvency 117 119 up 2

Economy Profile

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Starting a Business

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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 2012 Rank 96 DB 2011 Rank 107 Change in Rank up11
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)
14 16 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)
6.4 8.3 4.7

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)
27.2 10.0 14.1
No. Procedure Time to Complete Associated Costs
1 Obtain a certificate for company’s name registration 3 days 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 49,735 (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, as well as a sample of the company’s seal print 1 day UZS 4974 per signature (10% of minimum monthly wage), assuming 5 signatures + notary fees
6 Open a permanent bank account with a local bank 1 day half the minimum monthly wage

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