Enterprise Uzbekistan

Farkhod Ibragimov has been appointed Chief Executive of Enterprise Uzbekistan. He previously chaired the Supervisory Board of IT Park Uzbekistan, and before that, led it as founding CEO from its establishment in 2019, serving for nearly six years through 2025. Under his leadership, IT Park grew to more than 2,000 IT companies, including over 500 foreign and export-oriented businesses, while expanding innovative programs and regional initiatives across the country. He now brings that experience to Enterprise Uzbekistan, a technology jurisdiction built on elements of English and Welsh Common Law — as it continues growing its ecosystem for tech companies from around the world.

35 years ago, Uzbekistan began writing a new chapter of its history. Since then, the country has transformed — preserving its rich heritage while opening new doors to the world. Today, Uzbekistan is home to a growing generation of entrepreneurs, engineers, creators and innovators building solutions for global markets. From the ancient Silk Road to the digital economy, our country continues to connect people, ideas and opportunities across borders. Happy Independence Day, Uzbekistan! 🇺🇿 Here’s to the journey ahead, and to building the future together.

We're heading to ICTWEEK Uzbekistan 2026! Join us on September 23 at the Enterprise Uzbekistan Summit, our flagship side event at ICTWEEK 2026, held at CAEx (Central Asian Expocenter), Tashkent. Hear directly from Bokhodir Ayupov, VP of Global Business Development at Enterprise Uzbekistan, as he shares why the world's tech leaders are watching Uzbekistan — and personally invites you to join us. Expect high-level panels, ministers and global advisors, and an inside look at Uzbekistan's investment case: English and Welsh Common law jurisdiction and a 2100 stability horizon. 📍 CAEx, Tashkent 🗓 September 23, 2026 🔗 Register: enterprise.gov.uz/events/1 See you there!

President of the Republic of Uzbekistan Shavkat Mirziyoyev Signs Constitutional Law on the International Digital Technology Center "Enterprise Uzbekistan" The law gives the jurisdiction its full legal foundation — a special regime running through 2100, built on elements of English and Welsh law. It covers everything from company registration and investment protections to a regulatory sandbox for testing new technologies, flexible work rules, and IP protection — creating a stable, long-term environment for global tech companies to build and scale from Uzbekistan. Read more about the Law. Telegram | Facebook | Instagram | LinkedIn | X

Big step forward for Enterprise Uzbekistan! The Senate of the Oliy Majlis has approved the Constitutional Law "On the International Digital Technology Center," giving Enterprise Uzbekistan its full legal foundation. The law sets out a dedicated legal regime for the center — based on elements of English and Welsh law, along with simplified registration, licensing, and business procedures built on international standards. Next step: the President's signature. Once signed, Enterprise Uzbekistan moves closer to becoming a true home for global tech companies building and scaling from Uzbekistan. Read more.

Enterprise Uzbekistan and IT Park Uzbekistan met with Hong Kong's Monetary Authority and Financial Services and the Treasury Bureau to explore how Hong Kong coordinates government, regulators, and tech companies. Topics included fast payments, cross-border digital payments, tokenization, and regulatory sandboxes — plus Hong Kong's model of setting shared direction while letting institutions execute independently. Hong Kong representatives were invited to ICT Week Uzbekistan 2026. More cooperation on FinTech, regulation, and market access to come. Full story.

Today in Hong Kong, the delegation continued its programme with a visit to Cyberport - one of Asia's leading innovation hubs. Farkhod Ibragimov, Chairman of the Supervisory Board of IT Park Uzbekistan, Azamat Karamatov, CEO of IT Park Uzbekistan, and Bokhodir Ayupov, VP of Global Business Development at Enterprise Uzbekistan, met with Cyberport CEO Dr. Rocky Cheng to advance the partnership between the two ecosystems - covering startup support, venture investment, AI infrastructure, and market opportunities for Cyberport residents. 📎 Read more.

This week, Bokhodir Ayupov, VP of Global Business Development, presented Enterprise Uzbekistan to the Hong Kong business community, together with the IT Park Uzbekistan delegation - led by Farkhod Ibragimov, Chairman of the Supervisory Board and Azamat Karamatov, CEO - in meetings with the Hong Kong Trade Development Council, Gameloft Hong Kong, and HKBN Enterprise Solutions on venture capital, fintech, AI, and digital transformation opportunities. 📎 Read more.

The Enterprise Uzbekistan team wrapped up a working visit to Singapore with meetings across the city-state's technology, investment, and legal ecosystem — Enterprise Singapore, Alibaba Cloud, Tencent Cloud, Singapore's venture community, and JWS Law Firm. Topics on the table: cloud infrastructure and data governance, market access for Uzbek startups, business support frameworks, and the legal architecture of the jurisdiction. Read more here. Telegram | Facebook | Instagram | LinkedIn | X

Today, Enterprise Uzbekistan hosted the panel session "Rethinking Jurisdictions for the Global Technology Economy" at the Tashkent International Investment Forum (TIIF). The discussion brought together practitioners who have built, advised, and invested in the world's leading technology jurisdictions, examining what it actually takes to build a jurisdiction that global technology companies trust, and what investors look for before committing capital. Moderated by John Kilmartin (Saviday), speakers included Bokhodir Ayupov (Enterprise Uzbekistan), Seán McEllin (IDA Ireland), Mark Beer (The Metis Institute), and Michael Lints (Golden Gate Ventures). Ahead of the panel, Bokhodir Ayupov delivered a dedicated presentation on Enterprise Uzbekistan, setting the context for the discussion that followed, and Sengul Enginsoy of StartupBlink presented on Uzbekistan's standing in the Global Startup Ecosystem Index 2026. The day also saw two Memorandums of Understanding signed: IT Park Ventures with MOST Ventures, and IT Park Uzbekistan with Plug and Play, marking new steps in connecting Uzbekistan's tech ecosystem to global capital and innovation networks. Telegram | Facebook | Instagram | LinkedIn | X

Uzbekistan and Meta Discuss Digital Skills and Startup Ecosystem Development Minister of Digital Technologies Sherzod Shermatov met with Beth Ann Lim, Meta's APAC Director of Public Policy, Strategy, and Campaigns, alongside representatives from Enterprise Uzbekistan and IT Park Uzbekistan. The parties discussed Uzbekistan's digital economy and startup ecosystem development, with a focus on the Small Business Growth Academy — which pairs Meta's AI-powered business tools with training from certified local partners. Uzbekistan was the first country in APAC to launch the program. More details here. Telegram | Facebook | Instagram | LinkedIn | X

Day one of TIIF 2026. Enterprise Uzbekistan has a stand on the floor On June 16, the 5th Tashkent International Investment Forum opened in Tashkent, bringing together global business leaders, investors, and government officials. Among the guests who stopped by our stand: Mikhail Mishustin, Chairman of the Government of the Russian Federation, Adylbek Kasymaliev, Head of the Presidential Administration of the Kyrgyz Republic, Alexander Turchin, Prime Minister of the Republic of Belarus, Eduardo Formoso Echeverri, VP of Investments, Endeavour Mining, Jonathan Henick, US Ambassador to Uzbekistan, a delegation from the UAE, and others. TIIF brought together global business leaders, investors, and government officials in one place — and our stand became a natural point of conversation about what it means to build a dedicated jurisdiction for global technology business. We'll be back on the floor tomorrow. And the day after — on June 18, we take the stage with our panel session "Rethinking Jurisdictions for the Global Technology Economy" — 09:30–11:00, Room Bukhara, CAEx Uzbekistan. Telegram | Facebook | Instagram | LinkedIn | X

Enterprise Uzbekistan — at the Tashkent International Investment Forum We'll be present with a dedicated EU zone at the venue — a space to meet the team, ask questions, and learn what it means to operate under a jurisdiction built for international technology business. Our panel session, "Rethinking Jurisdictions for the Global Technology Economy" will bring together voices shaping the future of digital economies. The session examines where global technology companies should operate — and what it actually takes to build a credible alternative to established hubs. Venture investors, legal experts, innovation ecosystem leaders, and government representatives will make the case from their own vantage points. Featured Presentations: — Bokhodir Ayupov: VP Global Business Development, Enterprise Uzbekistan What Enterprise Uzbekistan is, how it operates, and who it's built for. — Sengul Enginsoy: Head of PR & Marketing, StartupBlink How Uzbekistan became StartupBlink's Country of the Year — and what 227% ecosystem growth actually looks like. Date: June 18 Time: 9:30-11:00 Venue: CAEx, Bukhara Room More details: https://tiif.online/agenda Telegram | Facebook | Instagram | LinkedIn | X

Enterprise Uzbekistan Takes Stage During Hong Kong Delegation's Visit John Lee Ka-chiu, Chief Executive of Hong Kong SAR, visited IT Park Uzbekistan — and left with a firsthand look at what's being built here. Bokhodir Ayupov walked the delegation through Enterprise Uzbekistan: a new international digital tech centre with the elements of English and Welsh Common Law framework, designed for global companies. 🔗 Read more Telegram | Facebook | Instagram | LinkedIn | X

Last session. This time — legal, consulting, and professional services firms. The conversation went in a different direction from previous sessions. Less about operational blockers, more about the architecture of the system itself. 4 things dominated the room: 1️⃣ How does Enterprise Uzbekistan's legal framework interact with Uzbek law when they conflict? The question of hierarchy between the special regime and national legislation — which takes precedence, and in what situations — remains one of the most important open questions for any serious operator. 2️⃣ Uzbek labour law creates friction for international operations. Companies working across borders run into a legal framework designed for a different context — and it shows. One of the reasons businesses look for alternative jurisdictions is simply to operate under employment rules that match how global teams actually work. Enterprise Uzbekistan has the potential to carve out its own labour standards for residents. 3️⃣ Open, closed, or complementary system? Participants raised a sharp conceptual question: will residents need to step outside Enterprise Uzbekistan to interact with state bodies — or will everything be handled from within? The answer shapes how attractive the jurisdiction actually is in practice. 4️⃣ Notarisation and document legalisation. A recurring pain point: getting documents certified in a way that works across jurisdictions is slow, expensive, and opaque. A dedicated notarial function — or its equivalent — needs to be built in from the start. Participants raised questions around compliance and international restrictions. Uzbekistan's approach to these issues differs from Western frameworks — how that translates into Enterprise Uzbekistan's admissions policy is still being worked through. Not everything had a clean answer. The sanctions policy, the specifics of dual residency across Enterprise and other zones, and how the Central Bank fits into the banking infrastructure — all flagged, all going back into the work. Five sessions. Five different industries. The same underlying ask: build a system that doesn't require workarounds. We heard you. It goes into the proposals. Telegram | Facebook | Instagram | LinkedIn | X

Day 4 — data centers and cloud infrastructure operators. The conversation went deep fast. 1️⃣ Banks want cloud. Regulators say no. The Central Bank requires banking data to stay in government-certified data centers — which means every cloud provider hits the same wall the moment they go after the financial sector. 2️⃣ Uzbekistan is double landlocked. No direct access to undersea cables, internet traffic runs through a monopoly. For anyone building regional infrastructure, connectivity and redundancy are unresolved before anything else. 3️⃣ The data centers being built today need to be AI-ready tomorrow. GPU density, liquid cooling, serious power capacity — if the infrastructure isn't designed for it now, it'll need to be rebuilt. Enterprise Uzbekistan is developing data protection acts aligned with GDPR standards. Tax exemptions and customs relief on equipment imports are part of the framework. Whether Enterprise residency can open a path for cloud providers to serve the banking sector — that's being worked through. The to-do list got longer. Connectivity architecture, power roadmap for scaling to serious capacity, and how Enterprise rules interact with sector-specific data regulations — all of it goes back into the proposals. CustDev wraps up today. Telegram | Facebook | Instagram | LinkedIn | X

The Constitutional Law behind Enterprise Uzbekistan is making its way through the Senate Today, the Senate Committee on Science, Education and Healthcare discussed the Constitutional Law "On the International Centre for Digital Technologies" and voted to include it on the agenda of the next plenary session. What the law covers: ✔️Special legal regime based on international commercial standards ✔️Clear procedures for interacting with government bodies ✔️Flexible tax and customs framework By 2030: $5B in digital services exports, 300,000+ high-income jobs, and the conditions for Uzbekistan's brightest talent to stay and build. For a full overview — including the elements of English and Welsh Common Law foundation and guarantees through 2100 — read our earlier coverage here. Read more here. Telegram | Facebook | Instagram | LinkedIn | X

Our third CustDev session — this time with venture funds and investors 3 things came out of the discussion: 1️⃣ Rules change after the money is in. Funds have faced situations where the regulatory ground shifted mid-investment — turning a calculated risk into an unexpected multi-million dollar cost. 2️⃣ Buying into a local company shouldn't require a three-step currency conversion through local banks. The mechanics of paying for a deal in Uzbekistan are complex enough to make investors walk away. 3️⃣ Fund infrastructure doesn't exist yet. LP/GP structures, SAFE instruments, fast fund registration — the tools that make venture work globally aren't available locally. Funds end up structuring everything offshore by default. Enterprise Uzbekistan's constitutional framework locks in conditions through 2100 — protection against retrospective changes is written in. Fund structures under English and Welsh Common Law are part of what's being built. The goal is a registered, operational fund in 30 days or less. We came in with one list and left with a longer one. How Enterprise rules interact with local legislation when they conflict — still needs to be sharper. Whether deals inside the zone can be priced in foreign currency — still being worked out with the Central Bank. None of this was wasted. Everything raised goes directly into the proposals we're developing. CustDev sessions continue through June 5. Register. Telegram | Facebook | Instagram | LinkedIn | X

Our second CustDev session — this time with startup founders Here's what came up: 1️⃣ Moving money across borders is harder than it should be. Founders building multi-jurisdiction structures hit regulatory limits that force them to route capital around Uzbekistan rather than through it. 2️⃣ Holding structures end up in London or Dubai — not because founders prefer it, but because Uzbekistan doesn't yet have the legal instruments investors expect when structuring a deal. 3️⃣ Every time a cap table changes, the bank asks for everything again. International investors, multi-jurisdiction ownership, complex structures — local banks aren't built for this, and it costs months. Enterprise Uzbekistan is designed to address these blockers. Holdings can be structured under English and Welsh Common Law — with the instruments founders and investors already know. A dedicated bank for Enterprise residents is in the works. The broader question of capital mobility is part of ongoing discussions with regulators. Some questions landed on our to-do list. How Enterprise Uzbekistan integrates with the broader legal and financial system — we're still working through the details. Good problems to have at this stage. Every question raised today goes into the work. Participants didn't just flag problems — they helped us map the full shape of them. That's exactly what these sessions are for. We're taking these back and they'll feed directly into the acts we're currently proposing. CustDev sessions continue through June 5. Register Telegram | Facebook | Instagram | LinkedIn | X

The Law Behind Enterprise Uzbekistan Passes Uzbekistan's Lower Chamber Today, the Legislative Chamber of the Oliy Majlis passed the Constitutional Law of the Republic of Uzbekistan "On the International Centre for Digital Technologies." The bill now moves to the Senate. What this law establishes: ✔️ A special legal regime based on English and Welsh Common Law ✔️ Long-term constitutional framework (until 2100). ✔️ Conditions for digital technology development and entry of major global tech companies ✔️ A framework for structuring investment deals, including startup and venture transactions ✔️ IP and investment protection guarantees ✔️ Data security requirements for cloud operations ✔️ One-Stop-Shop for registration and government services Deputies noted the law is expected to grow the IT sector's share of GDP, attract direct foreign investment, and expand IT services exports — strengthening Uzbekistan's position as an international digital hub. Read more about the Law here. Telegram | Facebook | Instagram | LinkedIn | X