New Regulations for E-Commerce in Uzbekistan from July 1, 2025

Starting from July 1, 2025, new requirements for companies engaged in e-commerce will come into effect in Uzbekistan, in accordance with the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan No. 885 dated December 26, 2024. These changes affect both local entrepreneurs and foreign businesses operating in the country. Below are the key changes for review.

Mandatory Registration in Uzbekistan

All companies selling goods and services online are now required to register in Uzbekistan. This rule applies to businesses of all sizes – from large international marketplaces to small online stores operating their own websites.

Previously, foreign companies could operate in the country without registration, but with these new changes, this will no longer be possible. Government authorities expect this measure to:

• Increase transparency in the e-commerce market.
• Boost tax revenues for the state budget.
• Improve consumer protection.

Companies already operating in Uzbekistan without registration must complete the necessary procedures with tax authorities to avoid penalties. New market entrants must also consider this requirement when planning their expansion into Uzbekistan.

Special Accounts for E-Commerce

Another important innovation is the mandatory opening of special bank accounts for all transactions related to e-commerce. This measure aims to enhance financial transparency and control cash flows. The requirement applies to both local companies and foreign organizations selling goods and services in Uzbekistan.

For businesses, this means:

• Clear separation of e-commerce revenue from other activities.
• More convenient accounting and reporting.
• Increased oversight by regulatory authorities.
• Elimination of gray schemes related to payment processing for goods and services.

Opening a special account is a mandatory condition for continuing e-commerce operations. Companies should inquire in advance with banks regarding the account setup process and specific requirements.

How to Prepare for the Changes?

Companies already operating in the e-commerce sector should prepare for the new requirements in advance:

• Complete registration with Uzbekistan’s tax authorities if not already done.
• Open special accounts with authorized banks.
• Adjust accounting procedures to comply with the new regulations.
• Familiarize themselves with tax reporting and transaction recording requirements.
• Assess the potential impact of the new requirements on business processes and make necessary adjustments in advance.

New market entrants should take these requirements into account from the outset to avoid legal risks and penalties. Proper preparation and compliance with all regulations will help businesses operate smoothly within the legal framework.

Why Is This Important?

These changes aim to regulate and develop e-commerce in Uzbekistan. The government seeks to create a more transparent and secure environment for both businesses and consumers. With the introduction of these new rules:

• Consumers will receive greater guarantees when shopping online.
• Government authorities will be able to more effectively oversee the e-commerce market.
• Companies will operate under clearer and more predictable conditions.

While these new requirements may seem like an additional burden for businesses, their implementation contributes to the formation of a well-regulated and fair market.