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Crowe TAC Uzbekistan

Transaction Services and Valuation

Licensed Business Valuation in Tashkent, in Line with IVS and IFRS

What is Business Valuation?

Business valuation is the process of determining a company’s economic value through financial analysis, market benchmarking and forward-looking projections. Crowe TAC provides business valuation services in Tashkent and advises business owners, investors and corporate decision-makers on what their organization is worth. Our specialists work with companies in Tashkent, in the regions and in free economic zones of Uzbekistan, and prepare reports ready for audit and investor review.

We assess financial performance and earnings capacity, tangible and intangible assets, market position and industry benchmarks, risk exposure and sustainability, and future growth potential. Our aim is an accurate, defensible valuation that supports your decisions.

Why Business Valuation Matters in Uzbekistan

You need to know your company’s value to plan strategic growth. A professional business valuation gives you that financial clarity when you restructure, raise capital, sell a business or plan expansion in Uzbekistan.

Our valuation engagements in Uzbekistan cover mergers and acquisitions, capital raising and investor negotiations, shareholder disputes, corporate restructuring, exit and succession planning, and regulatory and audit compliance. Crowe TAC prepares valuation reports in line with IVS and IFRS.

Who Needs Our Business Valuation Services?

Business owners planning exit or succession
Investors evaluating acquisition targets
Startups preparing for venture capital
Corporations undergoing restructuring
Companies operating in free economic zones of Uzbekistan
Family businesses in Uzbekistan
Firms seeking corporate finance services

Crowe TAC is your partner for a business valuation backed by global standards and local expertise.

Our Business Valuation Approach

Our Tashkent team applies a structured methodology based on financial and market data:

  • Financial Analysis: We evaluate financial statements, profitability trends, working capital efficiency and cash flow sustainability.
  • Market Comparisons: We position your company against relevant Uzbekistan and international benchmarks, using industry data and comparable transactions.
  • Income & Discounted Cash Flow (DCF) Models: We forecast future earnings to determine intrinsic business value.  
  • Asset-Based Valuation: We calculate net asset value, including tangible and intangible assets.
  • Risk & Sensitivity Analysis: We assess operational, financial and market risks, including those specific to free economic zones and regulated sectors.

We keep our valuation work in Uzbekistan transparent and compliant, and we explain what the result means for your strategy.

Our Business Valuation Methodology

Our team uses globally recognized valuation frameworks and adapts the approach to each business.

Discounted Cash Flow (DCF) Analysis

We project the company’s future free cash flows and discount them to present value. Ideal for businesses with strong financial projections.

Primary use casesInvestment analysis, strategic planning, budgeting

Key benefitProvides intrinsic value based on future cash flows

Comparable Company Analysis (CCA)

We benchmark your business against publicly traded peers or privately held comparables using valuation multiples.

Primary use casesM&A transactions, market benchmarking

Key benefitOffers market-based valuation reflecting industry trends

Asset-Based Valuation

We calculate the net value of your assets (tangible and intangible) minus liabilities. Suitable for asset-heavy or distressed businesses.

Primary use casesLiquidation, restructuring, bankruptcy proceedings

Key benefitValues businesses with significant tangible assets

What Is Included in Our Valuation Reports?

  • Executive summary of findings
  • Detailed financial and business market research
  • Business risk assessment
  • Industry and peer comparison
  • Valuation calculation using multiple methods
  • Final valuation range and strategic insights

Why Choose Us?


Licensed Valuation Firm in Uzbekistan

Founded in Tashkent in 1997, Crowe TAC is licensed to perform valuation and has been a member of Crowe Global since 2014. We combine international valuation standards with local regulatory expertise.

Corporate Finance Services in Tashkent

Beyond valuation, our Tashkent team provides corporate finance services, including deal structuring and financial advisory. Our valuation specialists work alongside our tax team.

Industry Expertise

We serve companies in real estate, technology, healthcare, construction, logistics, financial services and manufacturing in Tashkent and across Uzbekistan.

Advisory-Driven Approach

We explain the valuation drivers behind the figures and their strategic implications. Our partners are personally involved in every engagement.

Free Economic Zone Expertise

We know the regulatory frameworks that apply to free economic zones in Uzbekistan and align our valuations with their compliance requirements.

Additional Services

Alongside standalone business valuation, we offer:

  • Business Plan Services in Tashkent and Uzbekistan: Investor-ready business plans with financial forecasting and market research.
  • Market Feasibility Studies: We assess entry strategies for Tashkent, the regions of Uzbekistan and free economic zones.
  • Outsourced Business Solutions: Financial modeling, CFO support and strategic advisory.
  • Corporate Finance Advisory: M&A advisory, investor negotiation support and capital restructuring services.

Frequently Asked Questions


How long does a business valuation take?

A business valuation in Tashkent typically takes 2–6 weeks, depending on complexity.

What industries do you specialize in?

We serve companies across Uzbekistan, including in technology, F&B, logistics and financial services.

Is your valuation legally recognized?

Yes. Crowe TAC is licensed to perform valuation in Uzbekistan, and we prepare reports in line with IVS and IFRS for use by auditors, banks, investors and authorities.

What is the business valuation cost in Uzbekistan?

The cost depends on company size, complexity and the purpose of the valuation. We provide a quotation after an initial consultation.

Discuss Your Valuation with Our Team

Schedule a consultation with our valuation team or find out how we can support your organization.