Local

Local business units in Uzbekistan

Start your market entry journey smoothly with our customized consulting services. Discover opportunities and solutions for setting up local representations and offices, supported by our team of experienced professionals.

Benefits of expanding into new markets

Expanding into new markets can bring many benefits for international companies. Establishing a local presence can make it easier to gain access to local resources, build stronger relationships with customers and develop a deeper understanding of the local market. Establishing a local presence also makes it easier to ensure compliance with local regulations, increase brand awareness and create opportunities for direct interaction with the target audience.

14 million

Working population in 2022

2.5 billion USD

Ausländische Direktinvestitionen in 2022

Services

Our services for local representative offices

01.

Establishment of corporate structures

Advice on setting up subsidiaries, representative offices and branches.

02.

Labor law and HR support

Support with employee recruitment, documentation of employment relationships and organization of work permits.

03.

Real estate search

Get support in finding the right office space for your company.

04.

Legal advice

Get advice on corporate, tax and contract law to ensure compliance with all regulations and minimize risks.

05.

Promotion of business partnerships

We connect you with local business partners to strengthen your export business.

06.

Financial accounting

We keep your accounts precisely in accordance with local regulations.

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Simplified entry into new markets

Setting up a branch in another country involves dealing with complex factors such as legal requirements, cultural differences and logistical challenges. It is crucial to pay attention to every aspect, from complying with local regulations to understanding customer behavior. Successfully navigating these complexities requires knowledge of the market, effective strategic planning and reliable local support. We specialize in providing expert guidance to simplify this process and ensure a smooth market entry.

Local agencies in foreign business

There is a clear shift in the way companies operate in foreign countries, with a focus on building stronger connections and understanding local cultures. This includes hiring people from the local community, using digital platforms to interact with locals and supporting community-based projects. These changes are in line with the increasing importance of localization and relationship building in global business strategies.

FAQ

Frequently asked questions

What are the advantages of setting up a local business unit in Uzbekistan?

Establishing a local presence facilitates access to resources, fosters customer relationships and improves understanding of local market complexities.

What kind of company should I set up in Uzbekistan?

Depending on the nature of your business, you can build your legal presence by establishing a local subsidiary, branch office, entering into a joint venture or setting up a representative office for marketing, business development and customer support.

Which banks in Uzbekistan are considered trustworthy?

Below you will find a list of some renowned banks in Uzbekistan:

  • Capital Bank
  • Trast Bank
  • Hamkor Bank
  • Azia-Alliance Bank
  • Invest Finance Bank
  • Ipak Yuli Bank
  • Aloqa Bank
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Let's start your new project together

Contact us now and benefit from a free and non-binding initial consultation.

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