There are 1 Companies in Uzbekistan
that provide Accounting Services!

Uzbekistan's high economic growth has been attributable to large and growing oil and gas exports, but some non-export sectors also featured double-digit growth, including construction, banking, and real estate. The IT sector was never a priority for the government-supported economy fields, and thus web industry developed by itself, with small steps, and exclusively based on market requirements. 

According to paylab the salary in the IT sector in Uzbekistan varies from $154/mo - $665/mo. The average hourly rate, as expected, varies between $6 up to $14 for web developers, which means that a local agency may charge per hour slightly more than the official numbers. 

Why Working with Uzbek Web Agencies?

Even though there are no visible changes and state-supported policies that would develop the branch, Uzbekistani web agencies still exist, and provide the same range of services as western European ones, but for a considerably lower price.

What to be aware of when working with Uzbek web agencies

However, you may want to give a second thought of whether the price range is your main reason, and also explore other options in the region. Even though web services are cheap in Uzbekistan, you may find difficulties in communication, project management, software piracy, and also project delivery terms. 

Are Uzbek Agencies reliable? 

It depends from case to case on how reliable web development and design agencies from Uzbekistan really are. Tech Behemoths don’t interfere in the selection process, but you may consider having a call with all agencies from the country and also try to avoid agencies based in small cities. 

How Uzbekistan relates to its neighboring countries in terms of IT?

On the background of a well-developed IT sector in Kazakhstan, and a slightly lower IT development sector in Turkmenistan, Uzbekistan faces challenges of exiting the global market and promoting its services and web products. Also, web companies lack substantial state support and government policies that will encourage the development of this branch. On the other hand, the lack of strong competition in the IT sector in this country makes it a good target for IT startups.

All in all, Uzbekistan has a still undiscovered IT potential and hopefully will develop this field in the next years. Until then, few web agencies struggle to acquire new products and use the latest technologies and lower prices to get a relatively strong presence on the local market.

How ICT Will Change Uzbekistan in 2022

ICT is one of the fastest-growing sectors of Uzbekistan, and since 2019 when the IT Park In Tashkent was launched, the number of IT companies and also services has been growing constantly. Even though there are a lot of things to work at in Uzbekistan, the future looks brighter than several years back. According to Euronews, Uzbekistan has all chances to become a tech leader in the region starting with 2022 as a result of key-reforms implemented by the government in the last 3 years

Accounting Service refers to professional assistance from qualified accountants or accounting firms in managing your business financial records, reporting, and analysis. 

This service includes finance & accounting outsourcing (fao), financial accounting, forensic accounting, management accounting, etc. 

It is like having a trusted partner who handles your financial matters, records income, and expenses, and prepares financial reports to provide a clear picture of your business's financial statement. It also provides financial analysis and strategic advice to improve your business's performance.

In a survey conducted by the Association of Chartered Certified Accountants (ACCA), 84% of businesses believed that professional accountants play a crucial role in decision-making processes.

But why, accounting services are so important and defining? 

• First of all, they bring financial transparency; with accurate and transparent financial reporting, it is easier to make well-informed decisions about business. 

• In addition, it keeps your business on the right side of the law by ensuring compliance with accounting standards and tax regulations.

• Accounting services also have an important role in financial planning. Accountants help you create budgets, forecast future financial scenarios, and guide you on how to allocate your resources effectively. They're like financial navigators, steering you in the right direction to achieve your business goals.

When it comes to choosing an accounting company, there are a few things to consider. 

• Look for their expertise and specialization.
• Look for qualifications and certifications (CPA, CA).
• Check their reputation and track record of satisfied clients.
• Check out the range of services they offer to ensure they can handle your requirements.
• Technology is another aspect to look into. Advanced tools and software can streamline your financial processes, making everything more efficient and accurate.
• Don't forget about communication and support. An accounting company should be responsive and accessible.
• Last but not least, consider the cost and the quality of their services.

Choosing the right accounting company is a big decision, but following these tips, you'll find the one which will take care of your financial issues.

There are more than 209 companies on our platform that offer a wide variety of accounting services. Explore their detailed profiles, and client reviews, and feel free to get in touch with them.

We’ve created also a powerful filter that you can use to narrow down the results based on your requirements and shortlist the companies. 

Alternatively, you can submit your project and our team will select and send you the best matching companies in about 1 hour. It’s free and there is no obligation to hire.