Leges Advokat has prepared an analysis of the main taxes by residents and non-residents under the Tax Code of the Republic of Uzbekistan. The document contains a summary of taxes, by indicating their main features, such as taxpayers, taxation objects, tax base, tax rate, tax reporting, and tax payment deadlines.
THE NOTION OF A LEGAL ENTITY
As it is stated in Article 39 of the Civil Code of the Republic of Uzbekistan [https://lex.uz/docs/111181], a legal entity is an organization that has separate property in its ownership, economic or operational management and is liable for its obligations with its property. A legal entity, on its behalf, may acquire and exercise property and personal non-property rights, bear responsibilities, as well as act as plaintiff and defendant in court. Legal entities must have an independent balance sheet or an estimate.
As a rule, legal entities are divided into two major categories – commercial and non-commercial organizations, the former aims at gaining profit, while the latter is a not-for-profit organization. In this regard, we provide the main forms of commercial organizations in Uzbekistan, which are entitled to gain profit from their activities.
Business activities in the Republic of Uzbekistan may be carried out by opening (registering) one of the following legal forms, which are detailed with just a click on them:
