Business in the FEZ “Navoi”

Starting a business in the SEZ “Navoi”

In accordance with the current procedure, at the first stage, the investor submits to the directorate of the FEZ “Navoi” a completed investment order for the placement of products on the territory of the FEZ “Navoi” with an appendix to it:

– Copies of the certificate of state registration of the investor or an extract from the commercial register at the place of registration of the legalized legal entity in accordance with the procedure established by the consular institution of the Republic of Uzbekistan. Legalization is not required if an apostille is affixed to the documents;

– Business plan of the proposed project;

– Confirmation of the legal entity’s experience in the relevant field, information about similar projects implemented in the relevant field;

– Conclusions of the audit organization on the financial statements for the period of existence of the legal entity, but not less than three years;

– Documents confirming samples of signatures of authorized persons of the investor;

– All documents are submitted by investors to the directorate of the FEZ “Navoi” in accordance with the established procedure with the application of an approved translation into the state or Russian language.

The following main provisions should be specified in the business plan submitted to the directorate of the FEZ “Navoi”:

– Name, volume and types of products planned for release;

– Approximate prices and the market of products, the volume of output for export;

– Infrastructure and engineering structures necessary for the implementation of the proposed project;

– Approximate size of the area of the territory of the FEZ “Navoi” for the rational distribution of products;

– Availability of raw materials and guaranteed possibility of providing raw materials for the period of project implementation;

– Description of the proposed production technology taking into account environmental requirements;

– Information about the proposed trademark;

– Calculation of economic efficiency, as well as the most effective technical, organizational and economic solutions for the implementation of the project;

– The nature of the technological equipment intended for use in production;

– The amount of borrowed funds, sources of financing and the amount of imputed collateral;

– All documents are submitted by investors to the directorate of the SEZ “Navoi” in accordance with the established procedure with the application of an approved translation into the state or Russian language.