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I want to do business. What will be the legal order?
✅ According to the legislation of Uzbekistan, individuals wishing to start a business can carry out their activities in the form of LLC (legal entity) or YATT (individual).
What do you know about the pros and cons of LLC or YATT?
🏢 LLC
- The number of employees is not limited;
- Tax reporting is relatively complex;
- There is an opportunity to do business in the partnership;
- Inability to manage money freely;
- There is an opportunity to sell the business;
- Finishing a business is complicated.
👔 SLEEP
- The number of employees is limited (2-3 people);
- Access to funds;
- Tax reporting is relatively simple;
- It is easy to close a business.
Source: norma.uz