Accounting service, taxes and consulting in Uzbekistan

We assist with company formation, provide accounting and bookkeeping services, corporate compliance and consultations for local and foreign businesses in Uzbekistan. We take care of all tasks related to documentation, paperwork, registration, export-import operations and the development of financial strategy. Our clients achieve rapid business growth in the local market.

Ask us any question:

info@tax-legal.uz

@indexcontact

See our guide on how to set up a company in Uzbekistan.

Our prices

Free

Assistance with setting up a local company, preparing shareholder documents, opening bank accounts with local banks, completing tax registration, getting digital keys and a company stamp

Free

Assistance with applying for residency in the IT-park of Uzbekistan and preparing a business plan for consideration by the expert committee of the IT-park

500 USD / one-time fee per worker

Assistance with preparing and filing an application to obtain a work permit for a foreign specialist coming for work in a local company in Uzbekistan (excluding visa support)

Starter package

Accounting, bookkeeping and tax management services for newly established companies during starting up and idle periods

Small business package

Extensive support with accounting, bookkeeping, tax management, labor compliance and corporate governance services for companies reporting under the turnover tax regime

Standard package

Extensive support with accounting, bookkeeping, tax management, labor compliance and corporate governance services for companies reporting under corporate income tax (CIT) and value added tax (VAT)

Price by quote

Consultations on project development in Uzbekistan (in the field of education, intellectual property, construction, manufacturing, financial services, medical services, logistics, etc.), tax advising, legal consulting and legal analysis, as well as working out business and financial strategy

We charge minimal prices for extra tasks arising in the normal course of business, such as helping with the negotiation of contract terms with a contractor.

Our clients

During our work in the consulting market, we have developed partnerships and trusting relationships with many companies that are still our clients today. Many companies work with us on an individual program with a high degree of loyalty.

Our clients include design organizations, agencies, information service providers, wholesalers, project companies, logistics companies and residents of the Uzbek IT-park. We are grateful to all our clients and partners for their trust and business.

Some of our clients:

Thumbay Fergana College of Medical Sciences

Our services

We ensure a correct business setup, procuring VAT tax identification number, onboarding and registration of hired employees including foreign specialists, and submission of all reports by local standards. We make sure that your business launchs and grows without unnecessary worries about paperwork and audits.

Company formation and registration

Setting up a limited liability company

Opening bank accounts in local and foreign currency

Educating how to use local banking apps

Acquiring VAT tax identification number

Preparing applications for a license or permit

Support in obtaining work permits for foreign specialists

IT-park residency support

Obtaining resident status with IT-park of Uzbekistan

Preparing and filing an application and business plan for review

Support in submitting regular reports of IT-park residents

Procuring annual audit check for IT-park

Virtual or rented address

Support with renting premises for registration purposes

Receipt of mails and couriered documents

Helping with the search of a rental office space

Accounting services and bookkeeping

Formation of accounting and bookkeeping policies

Ensuring continuous accounting and bookkeeping of business operations

Preparation and maintenance of accounting and reporting documentation

Payroll calculation

Keeping records of signed contracts

Issuance and acceptance of invoices in local digital systems

Restoring accounting records

Personnel (staff) support

Maintaining personnel records and submitting reports

Drafting documents for hiring and dismissing employees

Entering information into state labor records system

Keeping records of employee vacations

Support in obtaining work permits for foreign specialists

Employer of record

Official employment of an employee

Staff payroll and tax withholding

Taxation and tax reporting

Advising on taxes and taxation matters

Tax calculation based on accounting data

Preparation and submission of tax reports

Replying to inquiries of tax authorities

Carrying out reconciliation of tax calculations

Assistance with tax payments

Application of tax incentives

Search for applicable tax incentives in legislation

Application of tax incentives in accounting

Reflection of applied incentives in tax reports

Statistical reporting

Preparation and submission of statistical reports

Export-import operations

Entering information in public systems for export and import transactions

Preparation of documents for export and import transactions

Customs clearance

Support with customs declarations and filings

Tariff classification for goods and products

Assistance with customs examination and inspection

Resolving issues and disputes with customs authorities

Legal consulting and legal analysis

Legal risk assessment and management

Compliance consulting and regulatory guidance

Due diligence and corporate governance consulting

Contract review and drafting

Legal due diligence and analysis

Disputes and litigations

Dispute avoidance consulting

Early case assessment

Preparation of demand letters and mediation

Litigation services in court and arbitration

Business and corporate consulting

Consulting on business and financial matters

Preparation of corporate documents for shareholder changes, appointment of executive director, change of postal address or main activities of a company

Preparation of commercial documentation with partners

Preparation of documents for the rent of real estate

Support in other business matters

Why choose us

We are always on duty and respond quickly to all requests from our clients. We never get sick, go on vacation or maternity leave. We deliver best-in-class client service and are proud of our client-oriented culture.

Individual approach

We carefully study the specifics of the client's business and offer optimal solutions

Professionalism

Our team consists of experienced and qualified specialists

Reliability

Working with us you can be sure that all issues will be resolved in a timely manner

Stability

We are focused on long-term cooperation

Convenient communication

It is very important for us to provide our clients with direct and fast communication with us

Confidentiality

We guarantee the confidentiality of data

Outsourcing the accounting function to us will allow you to focus on the main and more important tasks of growing your business. Our company offers qualified accounting services and consulting by professionals in their field. Our team is able to quickly solve complex problems.

Our team

Our team consists of experienced professional accountants, consultants and advisors. We provide a comprehensive suite of services, ensuring accuracy, compliance, and efficiency for all our clients.

We are meticulous bookkeepers and accountants. We maintain accurate and systematic records of all your financial transactions in Uzbek soums, using the double-entry bookkeeping system. This includes meticulous management of primary documents, ledgers, and all essential accounting registers. We are also responsible for maintaining accurate and up-to-date financial records, including ledgers, journals, and subsidiary books. This involves organizing and processing primary documents such as invoices, receipts, and contracts.

We expertly prepare financial statements. Our accountants compile and prepare all essential financial statements in accordance with NAS (National Accounting Standards), or IFRS (International Financial Reporting Standards) as required. This includes the balance sheet, income statement, cash flow statement, statement of changes in equity, and accompanying notes.

We handle payroll management efficiently. We calculate salaries, wages, and all related deductions, including personal income tax and social contributions, ensuring timely and accurate payments.

We manage your inventory and assets. We actively participate in and document stock-taking and inventory valuation. We also meticulously account for fixed assets, intangible assets, and other assets, including their acquisition, depreciation, amortization, and disposal.

We analyze your costs. We track and analyze costs related to production, services, or operations, providing valuable insights into your profitability. Our accountants assist in the development of budgets, monitoring expenditures, and implementing cost-control measures to enhance profitability.

We implement and maintain strong internal controls. We assist in developing and maintaining robust internal control systems to safeguard your assets and ensure the accuracy and reliability of your financial information. Our accountants calculate all applicable taxes (e.g., VAT, corporate income tax, property tax, land tax, personal income tax, social tax), prepare accurate tax returns, and ensure timely submission to the tax authorities.

We prepare and submit all required statistical reports. We ensure that all necessary statistical reports are prepared and submitted to relevant government bodies as mandated by law. Our team of accountants ensure that all our accounting practices and financial reporting fully comply with the current legislation of Uzbekistan, staying constantly updated on changes in accounting laws and standards.