What are the different types of business presence in Uzbekistan?
The most common types of business presence in Uzbekistan for foreign companies are: permanent establishments. The most popular company type in Uzbekistan is the limited liability company (LLC). Recent legislation repealed the minimum capital requirement for an LLC.
What is the oil palm industry?
The oil palm industry is mainly made up of locally produced oil palm and imported ones. fThe industry however has bright future prospects due to the ever increasing industrial and domestic demand for processed oil palm fruit products including palm oil and palm kernel oil.
Can a company have a permanent presence in Uzbekistan?
Companies may limit their presence to a permanent establishment (not a legal form and only for tax purposes). The most common types of business presence in Uzbekistan for foreign companies are:
What is a permanent establishment in Uzbekistan?
The term ¡°Permanent Establishment¡± in Uzbekistan is recognized as any place through which a non-resident carries out business in Uzbekistan, including activities performed through an authorized person. For instance, the term includes: any place where non-resident carries activities related to the production, assembly, packaging or sale of goods.