Does every export contract have to be registered?

Registration is required once the threshold set by the currency legislation of the Republic of Uzbekistan is reached. The threshold value has been revised, so it is checked against the current act rather than from memory.

What if the proceeds arrive late?

Breaching the repatriation deadline carries liability under the legislation of the Republic of Uzbekistan. The practical conclusion: align the contractual payment terms with the statutory repatriation period before signing, not after the delay.

Does this apply to an IT Park resident?

Yes. Residency in the Technological Park of Software and Information Technologies (IT Park) does not remove currency control duties. Resident incentives and obligations are covered in the material on IT Park residency.

Can payment go to the founder's foreign account?

No, where the services are supplied by a legal entity of the Republic of Uzbekistan. Proceeds must reach the company account with an authorised bank: any other route breaches currency legislation and leaves the export unevidenced.

Foreign trade and currency contract support in Uzbekistan

Updated: August 4, 20264 min read

Checked August 4, 2026· 1 source

Short answer

TheBux supports foreign trade activity of companies in the Republic of Uzbekistan: reviews the export contract terms, registers the contract with an authorised bank, tracks the deadlines for foreign currency proceeds and prepares the documents that evidence services supplied to a foreign client.

Exporting services from the Republic of Uzbekistan is constrained by currency control rather than by tax. The contract is registered with an authorised bank, the proceeds arrive within a set period, and the delivery of the service is evidenced by documents the bank accepts without argument.

What is included

Reviewing the draft export contract: subject, settlement terms, currency, payment deadlines, acceptance conditions.
Registering the contract with an authorised bank of the Republic of Uzbekistan.
Tracking the deadline for foreign currency proceeds and warning before it falls due.
Preparing acts and invoices evidencing services supplied to a foreign client.
Reconciling bank data against the accounting records for each contract.
Reflecting export operations in tax filings under the Tax Code of the Republic of Uzbekistan of 30.12.2019.

What it costs

The fee depends on the number of live contracts, the number of currencies and the frequency of receipts. Foreign trade support is priced on top of core accounting — the price configurator assembles a range.

Timing

A contract is registered before settlements under it begin. The repatriation deadline is set by the currency legislation of the Republic of Uzbekistan and runs from the terms of the specific contract, so it is tracked per delivery rather than per month.

How the work runs

Inventory of live contracts and a check of which are registered with an authorised bank.
Reworking the contract template so it satisfies both currency control and the evidence the tax authority expects.
Registering new contracts.
Monthly reconciliation of receipts with the bank and deadline control.
Reflecting the operations in filings and preparing explanations when queried.

Frequently asked questions

Does every export contract have to be registered?: Registration is required once the threshold set by the currency legislation of the Republic of Uzbekistan is reached. The threshold value has been revised, so it is checked against the current act rather than from memory.
What if the proceeds arrive late?: Breaching the repatriation deadline carries liability under the legislation of the Republic of Uzbekistan. The practical conclusion: align the contractual payment terms with the statutory repatriation period before signing, not after the delay.
Does this apply to an IT Park resident?: Yes. Residency in the Technological Park of Software and Information Technologies (IT Park) does not remove currency control duties. Resident incentives and obligations are covered in the material on IT Park residency.
Can payment go to the founder's foreign account?: No, where the services are supplied by a legal entity of the Republic of Uzbekistan. Proceeds must reach the company account with an authorised bank: any other route breaches currency legislation and leaves the export unevidenced.

Legal basis

Tax Code of the Republic of Uzbekistan of 30.12.2019 — taxation of turnover from the export of services.

The procedure for registering foreign trade contracts and repatriating proceeds is set by acts of the Central Bank of the Republic of Uzbekistan. The current version is checked on lex.uz before any deal with new settlement terms.

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