Pledge of participating interest

In Uzbekistan, a limited liability company does not issue shares. A share in an Uzbek LLC is represented by a participating interest. Under Uzbekistan law the only document that confirms the title to a participating interest and rights arising therefrom shall be a charter of the LLC and its foundation agreement. No certificates certifying the ownership rights over participating interests are normally issued by an LLC. There is also no requirement of law that LLC keep and maintain a register of participating interests.

No notarization and registration is contemplated by Uzbekistan law in relation to a pledge of participating interests. There is, however, a rule providing that any transaction made between two (or more) foreign legal entities within Uzbekistan in relation to the property or rights created under Uzbekistan law and l...

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Pledge of participating interest

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All payments currently accepted via bank transfers only. Please complete a form below to receive an Agreement for our product and invoice.