Sole proprietor
Definition
A sole proprietor (YaTT in Uzbek, ИП in Russian) trades as an individual without forming a legal entity. From 2026, those with turnover under UZS 1 billion pay 1% turnover tax. A sole proprietor is personally liable with their assets.
In other languages
- Oʻzbekcha
- YaTT — yakka tartibdagi tadbirkor
- Русский
- ИП — индивидуальный предприниматель
- English
- Sole proprietor