On April 21, 2026, the President of the Republic of Uzbekistan signed the revised version of the Law of the Republic of Uzbekistan “On Limited Liability Companies,” which will replace the current Law No. 310-II dated December 6, 2001, effective from July 22, 2026.

The new Law consists of 71 articles and introduces a significantly expanded corporate governance framework for limited liability companies, including fiduciary duties of management, an extended regime for affiliated persons, and a new threshold for major transactions.

The Tashkent office team of VERBA LEGAL provides an overview of the key changes that will affect virtually every LLC in Uzbekistan and outlines the steps businesses should consider taking before the Law enters into force.

Contributors: Managing Partner of the Tashkent office Bobir Karimov, Counsel, Attorney, Ernest Khachaturyan, Associates Sarvarbek Olimzhonov and Bobur Rakhmatov, and Paralegal Nigina Ibragimova.