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Uzbekistan LLC · MChJ

Participation interests that add up.

Contributions, charter capital and ownership percent derived from them — with governance and payouts instead of options.

% = contribution / charter capital

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Participants & interestsDemo data
Illustrative example

Legal forms and links

Legal forms in the LLC model

  • MChJ (LLC)
  • Xususiy korxona
  • Charter capital in UZS by default

AJ (JSC) is modelled with shares, not participation interests.

Typical founder questions

  • What is my share after a new participant contributes?
  • Who has to approve this transfer?
  • Is the contribution paid?

The rule

Three questions one model answers

An LLC is run on contributions and participants, not on share classes. The model follows that logic.

  1. 01

    Ownership is recomputed from source entries.Contributions, issuances and transfers are recorded; the percentages follow from them.
  2. 02

    Scenarios are simulation-only until a round or a contribution is executed.You can compare outcomes without touching the live model.
  3. 03

    Approval requirements follow from the bodies and rights recorded in your documents.The product reads the charter, resolutions and agreements you entered — it does not assume statutory rights.
Illustrative example

How the model works

From contribution to percent

Three operations the LLC model supports today. Each one is a recorded event; the percentages are recomputed from the ledger.

  1. 01

    Form charter capital

    Record each participant's nominal contribution and its effective date; the system sums them into the charter capital.

  2. 02

    Admit a participant

    A capital increase with a new contribution dilutes the others proportionally — without anyone typing a percent.

  3. 03

    Transfer an interest

    A transfer moves part of a contribution between participants; the approval route follows from your charter.

Derived

Percent is derived, never entered.

There is no percentage field in the write workflow: ownership is always contribution divided by charter capital.

Governance for this structure

Roles and rights of an LLC, not a corporation

Director, supervisory board member, key holder and investor majority. Rights are recorded with their source document and clause.

  • Reserved Matters

    Decisions reserved for the general meeting or investors, by charter or agreement.

  • Veto and consent

    Consent rights that block an action until the holder approves.

  • Pre-emptive / ROFR

    Right of first refusal on transfers of participation interests.

  • Tag and drag

    Tag-along and drag-along on a sale of interests.

  • Anti-dilution

    Protection recorded as a contractual control, not an automatic right.

  • MFN

    Most-favoured-nation terms recorded with their source.

ESOPPayouts & KPI

Payouts and KPI bonuses instead of ESOP: director fees, management and profit-linked bonuses are recorded as non-equity arrangements that do not change ownership.

Modules in this model

Modules in the LLC model

  • Key module

    Participants & interests

    Participants, nominal contributions, charter capital and the derived ownership percent; formation, admission and transfer as recorded events.

  • Payouts & KPI

    KPI bonuses, director and management fees, profit-linked bonuses — non-equity, with no effect on the charter capital.

  • Governance & investor rights

    Bodies, roles, terms and contractual rights with the document and clause they come from.

Boundaries of the model

  • E-signature

    NX Standard and NX Strong are not an electronic digital signature under the Law of the Republic of Uzbekistan “On Electronic Digital Signature”.

  • Required form

    Where the law requires a qualified electronic digital signature, a notarial form (for example, transactions with participation interests in a limited liability company) or state registration, signing in NX Venturer records the parties' intent but does not replace that form.

  • Use

    Use them for internal approvals and evidence.

Model your LLC on the Founder trial — 30 days free.

Record the participants and their contributions; the percentages follow.

30-day Founder trial on every new workspace.