Joining IT Park

IT Park is a unique platform designed to support and develop IT companies. Becoming a part of IT Park opens the door to numerous benefits and opportunities for growth in the technology sector. Our consulting firm offers comprehensive support throughout the process of joining IT Park, assisting startups and small to medium-sized businesses in successfully navigating all registration stages to become residents.

Why become a resident of IT Park in Uzbekistan?

IT Park provides a range of advantages for resident companies:

1. Tax incentives: resident companies enjoy attractive tax benefits, including:

– 0% on key business taxes:

• Corporate/profit tax,
• Social tax,
• Property tax,
• Land tax.

– Personal income tax is set at 7.5% (compared to an average of 12% across the economy).

2. Meaningful consulting support of IT businesses from international consulting companies.

3. IT visa opportunities for founders and managers of resident IT companies.

4. Financial support opportunities for projects.

IT Park implements international programs including EBRD initiatives of financial support of startups. The Park also has its own venture fund, IT Park Ventures, focused on supporting startups in key sectors such as artificial intelligence, green technologies, fintech, educational technologies, and game development.

5. Resident companies can benefit from programs that reimburse costs associated with business development, including the Zero Risk program, which offers residents various opportunities:

• Free office rental for 12 months for business operations in various regions of Uzbekistan.
• Reimbursement of recruitment expenses (up to $500).
• Compensation for introductory training costs for employees up to $5,000.
• Reimbursement of up to 15% of salary expenses for Uzbekistan citizens employed by the company.

6. Logal2Global Program that allows IT Park residents to compensate up to 50% of expenses related to overseas business trips, participation in international conferences, and client visits to Uzbekistan, and more.

Our services related to joining IT Park

We offer a full range of services to support your entry into IT Park:

• Eligibility analysis: We assess your business to ensure it meets the residency criteria for IT Park.
• Document preparation: We assist you in gathering and correctly preparing all necessary documents, including the business plan and financial statements.
• Business plan development: It is crucial to present a clear and forward-looking business plan that forms the basis for a positive decision regarding your entry into IT Park.
• Application submission: We guide you through the application process on the official IT Park portal, ensuring the accuracy and completeness of the data.
• Support during the review process: We will be with you at every stage of the process, helping you respond quickly to requests and adjust documents if needed.

How to become a resident of IT Park?

The process of joining IT Park Uzbekistan consists of several simple steps:

1. Preparation of a business plan and documents.
2. Application submission through the Park’s official portal.
3. Review of the application by the relevant authorities.
4. Obtaining resident status and starting to enjoy the benefits.

Business plan structure:

A business plan for joining IT Park consists of the following sections:

1. Company profile.
2. Information about the company’s activities.
3. Organizational structure of the company.
4. Financial plan.
5. Investment plan.
6. Official website of the company.

Why us?

1. Expertise in the IT sector: Our specialists possess in-depth knowledge of the IT sector and startups, participating in numerous international projects, which helps us prepare your business for joining IT Park as efficiently as possible.
2. Full consulting support: We provide support at every stage, minimizing the risk of registration denial.
3. Experience in successful support: We have already helped many companies become IT Park residents, and we are ready to help you.

Contact us

If you want to become an IT Park resident and take advantage of all the benefits, contact us for consultation and further support. We will help you speed up the entry process and start developing your business in a favorable innovative environment!