Accounting Services

We provide comprehensive accounting services for businesses, individual entrepreneurs, and self-employed professionals. Our services cover bookkeeping, tax accounting, preparation and submission of financial reports, and support in interactions with tax and regulatory authorities.

Our specialists operate in full compliance with the legislation of Uzbekistan and current tax regulations. We help optimize tax obligations, ensure accurate financial records, and minimize the risk of penalties.

Accounting services include payroll calculation, financial and personnel accounting, bookkeeping recovery, tax consulting, and audit support. Each solution is tailored to the client’s business size and industry specifics.

Accounting services in Uzbekistan

LAWTAX takes over bookkeeping and reporting for companies in Tashkent and across Uzbekistan. We keep records in line with Uzbek legislation and national accounting standards, file tax, financial and statistical reports on time and give management reliable figures to run the business. For foreign-owned companies we act as an outsourced accounting department that communicates in English.

What is included

• Full bookkeeping and processing of primary documents.
• Maintaining the 1C database (versions 8.1 and 8.3).
• Processing payments, advances and settlements with counterparties.
• Monthly accounting and tax reporting.
• Reporting on property tax, land tax and tax for the use of water resources.
• Annual financial statements and statistical reporting.
• Electronic document management (EDM).
• Payroll and HR administration, accounting for foreign trade operations.

Accounting recovery and audit support

If records have been lost, kept with errors or left behind after an accountant left, we restore accounting and tax records, correct the data and bring reporting up to date. Our audit team can review the accounts before a sale of the business, an investment round or a tax audit.

How we work

1. We review your current accounting, document flow and reporting status.
2. We agree on the scope of services and how primary documents will be transferred.
3. We keep the books, prepare and file reports and remind you of tax payment deadlines.
4. You receive reliable financial data and reports for each period.

Reporting deadlines and penalties

Companies in Uzbekistan file tax reports monthly, quarterly and annually, depending on the tax, plus annual financial statements and statistical forms. Missed deadlines and incorrect calculations result in penalties and late-payment interest and increase the risk of a tax audit. As part of our accounting service we keep a reporting calendar for your company, remind you of payment deadlines and check every report before it is filed. You always know what has been filed, what is due next and how much tax will be payable.

Why outsource accounting to LAWTAX

Outsourcing gives you a team of specialists instead of one in-house accountant, reduces the risk of errors and penalties and keeps accounting, tax and legal support in one place. We work in our Tashkent office and remotely across Uzbekistan.

Related

• Tax services in Uzbekistan
• How to register a company in Uzbekistan as a foreigner

Frequently Asked Questions

What accounting services do you provide in Uzbekistan?

Full bookkeeping, processing of primary documents, 1C database maintenance, monthly accounting and tax reporting, annual financial and statistical reports, payroll and HR administration, and accounting for foreign trade.

Can you work with a foreign-owned company?

Yes. We act as an outsourced accounting department for companies with foreign shareholders and communicate in English, Russian and Uzbek.

Can you restore neglected accounting records?

Yes. We restore accounting and tax records, correct errors and bring reporting up to date.

Which accounting software do you use?

We maintain 1C databases, versions 8.1 and 8.3, and work with electronic document management.

Do you file statistical and property tax reports?

Yes. Along with tax and financial reporting we file statistical reports and reports on property tax, land tax and tax for the use of water resources.

Do you work remotely?

Yes. We serve clients in our Tashkent office and remotely across Uzbekistan.