There are no restrictions on companies to offer loans to their employees in the Republic of Uzbekistan. The only requirement is that the company must possess a valid license received from the Central Bank of the Republic of Uzbekistan in cases if interests are accrued with respect to the loan provided.
Any legal person can offer an interest-free loan to natural and legal persons without obtaining additional licenses and/or permits. However, in case if a resident of the Republic of Uzbekistan wishes to offer a loan with respect to which interests will accrue such activities are subject to be licensed by the Central Bank of Uzbekistan.
All loan agreements concluded in Uzbekistan must be made in written form and signed by both parties to the agreement ...