Contract, charter, minutes and certificate: 8 ready-made samples (services, employment contract, LLC charter, change of director, car sale, sale of a share, liquidation)
8 complete samples using fictional companies: a services agreement, an employment contract, a certificate of employment, a single-founder LLC charter, minutes of participants' meetings on changing the director and selling a car, an agreement for the sale of part of a share and a decision to liquidate an LLC. NAS No. 21 journal entries for services, wages and the sale of a fixed asset, Word (DOCX) files.
After orders and decisions, the papers an accountant handles most often are contracts, minutes and certificates. They underpin journal entries: a services agreement supports an expense, an employment contract supports wages, and minutes of the participants support the sale of a fixed asset. Below, using fictional companies, 8 such documents are given in full; three of them include journal entries based on the NAS No. 21 tables.
Which document does who need?
| No. | Document | Who signs | Group | Journal entries |
|---|---|---|---|---|
| 1 | Services agreement | Directors of both companies | contracts | yes |
| 2 | Employment contract | Director and employee | HR | yes |
| 3 | Certificate of employment | Director (and chief accountant) | HR | no |
| 4 | Charter of a single-founder LLC | Sole founder | corporate | no |
| 5 | Minutes of the general meeting of participants: change of director | Chair and secretary of the meeting | corporate | no |
| 6 | Minutes of the general meeting of participants: sale of a company car | Chair and secretary of the meeting | corporate | yes |
| 7 | Agreement for the sale of part of a share (between participants) | Selling and buying participants | corporate | no |
| 8 | Sole founder's decision to liquidate an LLC | Sole founder | corporate | no |
What do the blanks mean?
- «______» is your own information (TIN, passport, address, bank) or a value set by law; check the latter with a lawyer against the current text of the law.
- Percentages and days left as «___» are terms the parties agree between themselves: payment, acceptance, penalty and notice periods.
- Amounts marked «(example)» are fictional: replace them with your own.
- Articles of laws and numbers of decrees are deliberately not cited: they change, and a reference to an outdated article weakens the document.
Samples
1. Services agreement
A paid services agreement between a customer and a contractor. For the accountant the key clauses are the price (with or without VAT), the payment terms and the document by which the services are accepted: expenses and income are usually recorded on the basis of this acceptance certificate. Blanks «___» are left instead of figures: the parties agree on them.
SERVICES AGREEMENT No. 14/26 (sample)
Tashkent · 12 November 2026
Oqtosh Mebel LLC (hereinafter, the «Customer»), represented by Director B.T. Jorayev acting on the basis of the charter, of the one part, and Yashilvodiy Servis LLC (hereinafter, the «Contractor»), represented by Director K.M. Saidova acting on the basis of the charter, of the other part, together referred to as the «Parties», have concluded this agreement as follows:
1. SUBJECT OF THE AGREEMENT
1.1. The Contractor shall provide cleaning and landscaping services for the Customer's office building and the adjoining area (address: ______), and the Customer shall accept and pay for the services.
1.2. The scope, volume and frequency of the services are set out in the annex (list of services), which forms an integral part of the agreement.
1.3. Unless otherwise agreed in the annex, the Contractor shall provide the services with its own staff, equipment and materials.
2. PRICE AND PAYMENT TERMS
2.1. The total value of the agreement is 22 400 000 (twenty-two million four hundred thousand) soums, including VAT of 2 400 000 soums (example; if the Contractor is not a VAT payer, write «excluding VAT»).
2.2. The Customer shall transfer ___ per cent of the agreement value to the Contractor's bank account as an advance payment within ___ banking days of signing the agreement; the balance (if any) shall be paid within ___ banking days of signing the acceptance certificate.
2.3. The payment date is the day the money is debited from the Customer's bank account.
2.4. The price may be changed only by a written supplementary agreement of the Parties.
3. SERVICE PERIOD
3.1. The Contractor shall provide the services within ___ working days of receiving the advance payment; recurring services are provided according to the schedule in the annex.
3.2. The Customer shall ensure unobstructed access to the service area; any time during which access was not provided is added to the service period.
4. ACCEPTANCE OF SERVICES
4.1. Once the services have been provided, the Contractor shall submit to the Customer a certificate of services rendered (in two copies) and an invoice.
4.2. Within ___ working days of receiving the certificate, the Customer shall sign it or send a reasoned refusal in writing.
4.3. A refusal shall list the deficiencies and the deadline for remedying them; the Contractor shall remedy the deficiencies at its own expense.
4.4. The day the certificate is signed by both Parties is deemed to be the day the services were rendered.
5. LIABILITY OF THE PARTIES
5.1. For failure to perform or improper performance of their obligations, the Parties are liable in accordance with this agreement and current legislation.
5.2. If the Contractor fails to provide the services on time, it shall pay the Customer a penalty of ___ per cent of the value of the services not provided for each day of delay, but the total penalty shall not exceed ___ per cent of the value of the services not provided.
5.3. If the Customer delays payment, it shall pay the Contractor a penalty of ___ per cent of the unpaid amount for each day of delay, but the total penalty shall not exceed ___ per cent of the unpaid amount.
5.4. Payment of a penalty does not release the Parties from performing their obligations.
5.5. The Contractor shall compensate any damage caused through its fault to the Customer's property while providing the services.
6. FORCE MAJEURE
6.1. A Party that fails to perform an obligation because of extraordinary circumstances (force majeure) arising after the agreement was concluded, which the Parties could neither foresee nor prevent, is released from liability for as long as those circumstances last.
6.2. The Party affected shall notify the other Party in writing within ___ days and provide a supporting document.
6.3. If force majeure lasts more than ___ days, either Party may terminate the agreement; any amount paid in advance for services not provided shall then be refunded.
7. DISPUTE RESOLUTION
7.1. Disputes shall first be resolved through negotiation and by sending a written claim; the deadline for replying to a claim is ___ days.
7.2. If no agreement is reached, the dispute shall be heard by the competent court in accordance with current legislation.
8. TERMINATION
8.1. The agreement may be terminated at any time by written agreement of the Parties.
8.2. Either Party may terminate the agreement unilaterally by giving the other Party at least ___ days' written notice; the services actually provided are then paid for, and any overpayment is refunded within ___ banking days.
8.3. Termination does not release the Parties from obligations and liability that arose while the agreement was in force.
9. FINAL PROVISIONS
9.1. The agreement enters into force on the day it is signed and remains in force until ______ or, if the obligations have not been fully performed, until they are fully performed.
9.2. Amendments and additions to the agreement shall be made in writing and signed by both Parties.
9.3. A Party whose details change shall notify the other Party within ___ days.
9.4. The agreement is made in two copies of equal legal force, one for each Party.
10. DETAILS AND SIGNATURES OF THE PARTIES
| Customer | Contractor | |
|---|---|---|
| Name | Oqtosh Mebel LLC | Yashilvodiy Servis LLC |
| Address | ______ | ______ |
| TIN | ______ | ______ |
| Bank | ______ | ______ |
| Bank account | ______ | ______ |
| Bank code (MFO) | ______ | ______ |
| Phone | ______ | ______ |
| Director (signature, seal if any) | B.T. Jorayev ______ | K.M. Saidova ______ |
How is it recorded in the accounts?
At the Customer (Oqtosh Mebel):
| Transaction | Debit | Credit | Amount, UZS | NAS No. 21 |
|---|---|---|---|---|
| Advance paid to the Contractor | 4330 | 5110 | 22 400 000 | item 226, row 16 |
| Services accepted under the certificate (excl. VAT) | 9420 | 6010 | 20 000 000 | item 257, row 7 |
| VAT on the invoice recorded | 4410 | 6010 | 2 400 000 | item 191, row 1 |
| Advance offset against the payable | 6010 | 4330 | 22 400 000 | item 257, row 14 |
At the Contractor (Yashilvodiy Servis):
| Transaction | Debit | Credit | Amount, UZS | NAS No. 21 |
|---|---|---|---|---|
| Advance received from the Customer | 5110 | 6310 | 22 400 000 | item 226, row 10 |
| Services rendered (certificate, excl. VAT) | 4010 | 9030 | 20 000 000 | item 383, row 1 |
| VAT charged on the services | 4010 | 6410 | 2 400 000 | item 275, row 2 |
| Advance received offset | 6310 | 4010 | 22 400 000 | item 272, row 2 |
Example (fictional): the Parties agreed on a 100% advance payment and the Contractor is a VAT payer. VAT within 22 400 000 soums: 22 400 000 × 12 / 112 = 2 400 000 soums; value of the services excluding VAT: 22 400 000 − 2 400 000 = 20 000 000 soums. For the Customer the services serve administrative needs, so account 9420 «Administrative expenses» is used; services related to selling go to 9410 (item 257, row 11), and services for production needs to account 2010 (main production), 2310 (auxiliary production), 2510 (general production overheads) or 2710 (service units) (item 257, row 7). The NAS No. 21 tables give the range 4310–4330 for advances; set in your accounting policy which account holds an advance for services (4330 «Other advances paid» in the example). The right to offset input VAT and the invoice requirements are determined by the Tax Code; if the Contractor is not a VAT payer, there are no VAT rows and the whole amount is an expense (income).
2. Employment contract
The employment contract is the main hiring document: the hiring order is usually issued on its basis. From it the accountant takes the salary, pay days and type of employment (main job or secondary job). Periods set by the Code are left blank in the sample.
EMPLOYMENT CONTRACT No. 31 (sample)
Tashkent · 16 November 2026
Oqtosh Mebel LLC (hereinafter, the «Employer»), represented by Director B.T. Jorayev acting on the basis of the charter, of the one part, and Javohir Alisherovich Usmonov (passport/ID: ______, PINFL: ______) (hereinafter, the «Employee»), of the other part, have concluded this employment contract:
1. SUBJECT OF THE CONTRACT
1.1. The Employee is hired to the sales department as a sales manager.
1.2. Type of employment (tick as appropriate): main job / secondary job — ______.
1.3. Place of work: ______ (address).
1.4. The Employee's duties are set out in the job description, which the Employee signs to confirm having read it.
2. TERM OF THE CONTRACT
2.1. Type of contract (tick as appropriate): indefinite term / fixed term until ______ (grounds for a fixed-term contract under the Labour Code: ______).
2.2. Start date: 17 November 2026.
2.3. Probation period: ____ (within the limits permitted by the Labour Code; if none, write «no probation»).
3. WORKING TIME AND REST
3.1. Working week: ______ days; working day: from __:__ to __:__; lunch break: ______.
3.2. Annual basic leave: ______ calendar days (not less than the period set by the Labour Code).
3.3. Overtime and work on days off are documented and paid in accordance with the Labour Code.
4. PAY
4.1. Monthly salary: 6 000 000 (six million) soums (example).
4.2. Wages are paid to the Employee's bank card ___ time(s) a month, on the ___ and ___ day of each month.
4.3. Taxes and other deductions are withheld from wages in accordance with law.
4.4. Bonuses and additional payments are made under the Employer's bonus regulation.
5. EMPLOYER'S DUTIES
- provide safe and adequate working conditions;
- pay wages on time and in full;
- acquaint the Employee with the internal labour regulations, the job description and occupational safety requirements;
- record information on the Employee's employment in accordance with law;
- calculate and pay taxes and mandatory contributions on wages on time.
6. EMPLOYEE'S DUTIES
- perform their duties conscientiously;
- comply with the internal labour regulations and occupational safety requirements;
- take care of the Employer's property;
- not disclose information constituting a trade secret.
7. LIABILITY
7.1. The Parties are liable for failure to perform their obligations under this contract in accordance with the Labour Code.
7.2. The Employee is liable for material damage caused to the Employer in the manner and amounts established by the Labour Code; if a separate full material liability agreement has been concluded: ______.
8. TERMINATION
8.1. The contract is terminated on the grounds and in the manner provided for by the Labour Code; notice periods and compensation are also determined under the Labour Code.
9. DISPUTES
9.1. Labour disputes are resolved by negotiation or, failing agreement, in the manner established by the Labour Code.
10. FINAL PROVISIONS
10.1. Matters not covered by the contract are governed by current labour legislation, the collective agreement (if any) and the Employer's internal rules.
10.2. Amendments are made by a written supplementary agreement of the Parties.
10.3. The contract is made in two copies of equal force; one copy is given to the Employee.
11. DETAILS AND SIGNATURES OF THE PARTIES
| Employer | Employee | |
|---|---|---|
| Name | Oqtosh Mebel LLC | Javohir Alisherovich Usmonov |
| Address | ______ | ______ |
| TIN / PINFL | ______ | ______ |
| Bank account / card | ______ | ______ |
| Phone | ______ | ______ |
| Signature | Director B.T. Jorayev ______ | J.A. Usmonov ______ |
I have received a copy of the contract: ______ J.A. Usmonov «___» __________
How is it recorded in the accounts?
At the employer (Oqtosh Mebel):
| Transaction | Debit | Credit | Amount, UZS | NAS No. 21 |
|---|---|---|---|---|
| Monthly salary accrued | 9410 | 6710 | 6 000 000 | item 290, row 5 |
| Personal income tax withheld from wages | 6710 | 6410 | ______ | item 275, row 4 |
| Wages paid from the cash desk | 6710 | 5010 | ______ | item 290, row 12 |
| Withheld tax paid to the budget | 6410 | 5110 | ______ | item 226, row 18 |
The salary of a sales department employee is charged to selling expenses (9410): the NAS No. 21 table gives the range 9410–9430 for «wages accrued to employees engaged in selling products, management and other operations». Calculate the personal income tax withheld and the social tax paid by the employer using the current version of the Tax Code, which is why the table shows «______» instead of amounts. The NAS No. 21 tables have no separate row for transferring wages from the settlement account to a bank card: set the entry for card payments in your accounting policy.
3. Certificate of employment
The simplest document an employee takes to a bank, an embassy or another organisation. It must state three things: who works where, since when, and in what position. The outgoing number and date distinguish a genuine certificate from a fake.
OQTOSH MEBEL LIMITED LIABILITY COMPANY (sample)
Address: ______. TIN: ______. Tel.: ______.
Ref. No. 112 · 9 November 2026
CERTIFICATE OF EMPLOYMENT
This is to certify that Dilfuza Baxtiyorovna Rahimova (passport or ID card series and number: ______, PINFL: ______) has indeed been employed at Oqtosh Mebel LLC from 3 April 2023 to the present day in the sales department as a sales manager, as her main place of work.
Hiring order: No. ______ dated 3 April 2023.
Monthly salary (where the certificate must state it): ______ soums.
This certificate is issued for presentation wherever required.
Director ______ B.T. Jorayev
Chief accountant (or HR officer) ______ ______
Seal (if any)
4. Charter of a single-founder LLC
The charter is the company's main founding document: it sets out the name, address, activities, charter capital, management and how profit is distributed. An accountant always reads two things in the charter: the amount of the charter capital (the balance of account 8330 should match it: NAS No. 21, item 347) and the profit distribution procedure. The sample below is short and written in plain language.
APPROVED by the decision of the sole founder dated 2 November 2026
CHARTER OF OQTOSH MEBEL LIMITED LIABILITY COMPANY (sample)
Tashkent · 2026
1. GENERAL PROVISIONS
1.1. Oqtosh Mebel limited liability company (hereinafter, the «Company») is a commercial organisation established by decision of its sole founder; in its activities it follows current legislation and this charter.
1.2. The Company is a legal entity; it has its own balance sheet and bank accounts, concludes contracts in its own name and may sue and be sued.
2. NAME, ADDRESS AND DURATION
2.1. Full name: Oqtosh Mebel limited liability company. Short name: Oqtosh Mebel LLC.
2.2. Postal address: ______. E-mail: ______.
2.3. The Company is established for an indefinite period.
3. ACTIVITIES
3.1. The main purpose of the Company is to make a profit.
3.2. Main activity: manufacture and sale of furniture (activity code under the classifier: ______).
3.3. The Company may also engage in any other activity not prohibited by law; an activity requiring a licence or permit begins only after the relevant document is obtained.
4. PROPERTY LIABILITY
4.1. The Company is liable for its obligations with all of its property.
4.2. The founder is not liable for the Company's obligations and bears the risk of losses related to its activities within the value of their share; exceptions to this rule: in accordance with legislation, check with a lawyer.
4.3. The Company is not liable for the founder's obligations.
5. RIGHTS AND DUTIES OF THE FOUNDER
5.1. The founder has the right to:
- manage the Company and decide all matters within the founder's competence;
- receive full information on the Company's activities and inspect its accounting and other records;
- decide on the distribution of net profit and receive part of it;
- transfer their share to another person in the manner established by law and this charter;
- on liquidation, receive the property remaining after settlement with creditors.
5.2. The founder shall:
- contribute their share to the charter capital in the established manner and within the set period;
- not disclose confidential information about the Company's activities;
- comply with the requirements of this charter.
6. CHARTER CAPITAL
6.1. The Company's charter capital is 100 000 000 (one hundred million) soums (example) and consists of the nominal value of the founder's share:
| Founder | Share, % | Nominal value, UZS |
|---|---|---|
| Bobur Toirovich Jorayev (passport/ID: ______, PINFL: ______) | 100 | 100 000 000 |
| Total | 100 | 100 000 000 |
6.2. The share is contributed in cash. Deadline for contributing the share: ______ (in accordance with legislation, check with a lawyer).
6.3. Minimum charter capital requirement (if any): ______ (in accordance with legislation, check with a lawyer).
7. INCREASE AND DECREASE OF CHARTER CAPITAL
7.1. The charter capital may be increased by decision of the founder from sources permitted by law.
7.2. The charter capital may be decreased by decision of the founder, observing the established procedure and deadlines for protecting creditors' rights: ______ (in accordance with legislation, check with a lawyer).
7.3. When the charter capital changes, a corresponding amendment is made to this charter and registered in the manner established by law.
8. DISTRIBUTION OF PROFIT
8.1. Net profit remaining after taxes and other mandatory payments is, by decision of the founder, reinvested in the Company, allocated to a reserve fund and/or paid to the founder.
8.2. Frequency of profit distribution: ______. Cases in which profit distribution is prohibited: in accordance with legislation, check with a lawyer.
8.3. If a reserve fund is created, its size and the procedure for allocations: ______.
9. MANAGEMENT OF THE COMPANY
9.1. The Company's supreme governing body is its sole founder. The founder decides alone on matters within the competence of the general meeting of participants and formalises them in a written decision.
9.2. Matters within the founder's exclusive competence (compare with the list established by law: in accordance with legislation, check with a lawyer):
- approving the charter and amending it;
- changing the charter capital;
- appointing the director and terminating their powers early;
- approving the annual financial statements and distributing net profit;
- reorganising and liquidating the Company.
9.3. The Company's day-to-day activities are managed by a sole executive body, the director. The director is appointed by the founder for a term of ______. The director acts on behalf of the Company without a power of attorney, concludes contracts, hires and dismisses employees and issues orders.
9.4. An employment contract is concluded with the director; the founder signs it on behalf of the Company.
10. ACCOUNTING AND REPORTING
10.1. The Company keeps accounting records and submits financial, tax and statistical reports in the manner and within the deadlines established by law.
10.2. The director is responsible for proper record-keeping and timely submission of reports.
10.3. The Company's documents are kept in the manner and for the periods established by law.
11. REORGANISATION AND LIQUIDATION
11.1. The Company may be reorganised by decision of the founder in the forms provided for by law.
11.2. The Company is liquidated by decision of the founder or on other grounds provided for by law.
11.3. Liquidation is carried out by a liquidator (liquidation commission) in the manner and within the deadlines established by law; property remaining after settlement with creditors is transferred to the founder.
12. AMENDMENTS TO THE CHARTER
12.1. Amendments and additions to the charter are made by decision of the founder and registered in the manner established by law; the moment they take effect: in accordance with legislation, check with a lawyer.
13. FINAL PROVISIONS
13.1. Matters not covered by this charter are resolved in accordance with current legislation.
13.2. If any provision of the charter turns out to conflict with legislation, this does not affect the validity of the remaining provisions.
13.3. The charter is made in ___ copies.
Sole founder ______ B.T. Jorayev
5. Minutes of the general meeting of participants: change of director
When there are two or more participants, decisions are usually taken at a general meeting of participants and recorded in minutes. The «skeleton» of minutes is always the same: who attended, the quorum, the agenda and, for each item, heard, voted, resolved. In the example, two participants (60% and 40%) release the old director and appoint a new one.
CHINORBOG' QURILISH LIMITED LIABILITY COMPANY (sample)
MINUTES No. 3 OF THE GENERAL MEETING OF PARTICIPANTS
Tashkent · 20 November 2026
Venue: ______. Start: __:__, end: __:__.
Present:
| Participant | Share, % |
|---|---|
| Ulugbek Farhodovich Nazarov | 60 |
| Malika Ilhomovna Qosimova | 40 |
| Total | 100 |
Invited: Director J.A. Tursunov and the candidate for director, Sh.K. Abdullayev.
Participants holding 100 per cent of the votes attended the meeting. Quorum required by the charter: ______. The meeting is quorate.
U.F. Nazarov was unanimously elected chair of the meeting and M.I. Qosimova secretary.
AGENDA:
- Releasing Director J.A. Tursunov from office.
- Appointing a new director of the Company.
- Procedure for handing over affairs and documents.
On item 1:
HEARD: U.F. Nazarov, on the application of Director J.A. Tursunov dated 10 November 2026 to resign at his own request.
VOTING: «for» — 100%, «against» — none, «abstained» — none.
RESOLVED: J.A. Tursunov shall be released from the office of director at his own request as of 30 November 2026; his employment contract shall be terminated in accordance with the Labour Code.
On item 2:
HEARD: M.I. Qosimova proposed Sherzod Komilovich Abdullayev as candidate for director.
VOTING: «for» — 100%, «against» — none, «abstained» — none.
RESOLVED: Sherzod Komilovich Abdullayev shall be appointed director of the Company as of 1 December 2026 for a term of ______. The chair of the meeting, U.F. Nazarov, is instructed to sign the employment contract with him on behalf of the Company.
On item 3:
HEARD: U.F. Nazarov, on the procedure for handing over affairs.
VOTING: «for» — 100%, «against» — none, «abstained» — none.
RESOLVED: By 30 November 2026, J.A. Tursunov shall hand over to Sh.K. Abdullayev, under a handover certificate, the founding documents, accounting records, the seal (if any) and the electronic keys. Sh.K. Abdullayev shall ensure that the bank and the registering authority are informed of the change of head in the manner and within the deadline established by law (______).
Chair of the meeting ______ U.F. Nazarov
Secretary of the meeting ______ M.I. Qosimova
6. Minutes of the general meeting of participants: sale of a company car
Before a fixed asset is sold, many companies obtain a decision of the participants stating exactly what is being sold, to whom, for how much and who signs. These minutes then serve as the basis for every journal entry on account 9210.
CHINORBOG' QURILISH LIMITED LIABILITY COMPANY (sample)
MINUTES No. 4 OF THE GENERAL MEETING OF PARTICIPANTS
Tashkent · 3 December 2026
Venue: ______. Start: __:__, end: __:__.
Present:
| Participant | Share, % |
|---|---|
| Ulugbek Farhodovich Nazarov | 60 |
| Malika Ilhomovna Qosimova | 40 |
| Total | 100 |
Invited: Director Sh.K. Abdullayev.
Participants holding 100 per cent of the votes attended the meeting. Quorum required by the charter: ______. The meeting is quorate.
U.F. Nazarov was unanimously elected chair of the meeting and M.I. Qosimova secretary.
AGENDA:
- Selling a passenger car on the Company's balance sheet.
- Granting authority to sign the documents related to the sale.
On item 1:
HEARD: Director Sh.K. Abdullayev, on the advisability of selling the passenger car used for administrative needs (make ______, year of manufacture ______, registration number ______, VIN ______, inventory number ______) because of rising repair costs. According to the accounting department, the car's initial cost is 180 000 000 soums, accumulated depreciation is 126 000 000 soums and the carrying amount is 54 000 000 soums (example). Tezkor Logistika LLC has offered to buy the car for 89 600 000 soums including VAT.
VOTING: «for» — 100%, «against» — none, «abstained» — none.
RESOLVED: the car shall be sold to Tezkor Logistika LLC for 89 600 000 (eighty-nine million six hundred thousand) soums, including VAT of 9 600 000 soums. Payment shall be made by bank transfer within ___ banking days of signing the contract; the car shall be handed over under a certificate once payment has been received in full.
On item 2:
HEARD: U.F. Nazarov, on the authority to sign the sale documents.
VOTING: «for» — 100%, «against» — none, «abstained» — none.
RESOLVED: Director Sh.K. Abdullayev is authorised to sign the sale and purchase contract and the handover certificate and to take the steps needed to deregister the car. The accounting department shall record the sale in the accounts.
Chair of the meeting ______ U.F. Nazarov
Secretary of the meeting ______ M.I. Qosimova
How is it recorded in the accounts?
At the seller (Chinorbog' Qurilish):
| Transaction | Debit | Credit | Amount, UZS | NAS No. 21 |
|---|---|---|---|---|
| Initial cost of the car written off | 9210 | 0160 | 180 000 000 | item 394, row 1 |
| Accumulated depreciation written off | 0260 | 9210 | 126 000 000 | item 394, row 2 |
| Sale price billed to the buyer | 4010 | 9210 | 89 600 000 | item 394, row 16 |
| VAT charged on the sale | 9210 | 6410 | 9 600 000 | item 394, row 17 |
| Payment received from the buyer | 5110 | 4010 | 89 600 000 | item 226, row 3 |
| Gain on disposal recognised | 9210 | 9310 | 26 000 000 | item 394, row 19 (a) |
Calculation (fictional): VAT 89 600 000 × 12 / 112 = 9 600 000 soums; proceeds excluding VAT 89 600 000 − 9 600 000 = 80 000 000 soums; carrying amount 180 000 000 − 126 000 000 = 54 000 000 soums; gain 80 000 000 − 54 000 000 = 26 000 000 soums. Check: debit turnover of account 9210 is 180 000 000 + 9 600 000 + 26 000 000 = 215 600 000, credit turnover is 126 000 000 + 89 600 000 = 215 600 000, so the account is closed. If the sale price is below the carrying amount, the loss is recorded as Dr 9430 Cr 9210 (item 394, row 19 (b)). The example assumes the seller is a VAT payer and VAT is calculated on the sale price at 12%; check the VAT base and its application to the sale of a fixed asset against the current version of the Tax Code.
7. Agreement for the sale of part of a share (between participants)
An LLC participant may sell part of their share to another participant. The key points in the agreement are the percentage and nominal value of the share, the price, payment and the moment the share passes. In the example, the 60% holder sells 10% to the 40% holder, and the shares become 50/50.
AGREEMENT No. ___ FOR THE SALE AND PURCHASE OF PART OF A SHARE IN THE COMPANY'S CHARTER CAPITAL (sample)
Tashkent · 8 December 2026
Ulugbek Farhodovich Nazarov (passport/ID: ______, PINFL: ______, address: ______) (hereinafter, the «Seller»), of the one part, and Malika Ilhomovna Qosimova (passport/ID: ______, PINFL: ______, address: ______) (hereinafter, the «Buyer»), of the other part, being participants of Chinorbog' Qurilish LLC (TIN: ______, hereinafter, the «Company»), have concluded this agreement as follows:
1. SUBJECT OF THE AGREEMENT
1.1. The Seller sells to the Buyer a part, equal to 10 per cent, of its 60 per cent share in the Company's charter capital (nominal value 5 000 000 soums), and the Buyer accepts and pays for it. The Company's charter capital is 50 000 000 soums (example).
1.2. After the agreement is performed, the participants' shares will be as follows:
| Participant | Now, % | Now, UZS | After, % | After, UZS |
|---|---|---|---|---|
| U.F. Nazarov | 60 | 30 000 000 | 50 | 25 000 000 |
| M.I. Qosimova | 40 | 20 000 000 | 50 | 25 000 000 |
| Total | 100 | 50 000 000 | 100 | 50 000 000 |
1.3. The Seller warrants that the part of the share being sold is fully paid, is not pledged or subject to any restriction and is free from third-party rights.
2. PRICE AND PAYMENT
2.1. The price of the part of the share has been agreed by the Parties at 7 500 000 (seven million five hundred thousand) soums (example).
2.2. The Buyer shall transfer the price to the Seller's bank account or bank card within ___ days of signing the agreement.
2.3. The Seller shall determine independently, in accordance with the Tax Code, the tax consequences of the income from selling the share.
3. TRANSFER OF THE SHARE AND RE-REGISTRATION
3.1. The moment the part of the share passes to the Buyer, the form of the agreement (whether notarisation is required) and the procedure for notifying the Company: ______ (in accordance with legislation, check with a lawyer).
3.2. Compliance with the requirements of the Company's charter on consents and the pre-emptive right of other participants: ______.
3.3. The change in the participants' shares is entered in the Company's charter and registered in the manner established by law. Arranged by: ______; costs borne by: ______.
4. LIABILITY
4.1. If the Buyer delays payment, it shall pay a penalty of ___ per cent of the unpaid amount for each day of delay, but not more than ___ per cent in total.
4.2. If the warranties in clause 1.3 prove untrue, the Seller shall compensate the Buyer for the resulting damage.
5. DISPUTE RESOLUTION
5.1. Disputes are resolved by negotiation or, failing agreement, by the competent court in accordance with current legislation.
6. FINAL PROVISIONS
6.1. The moment the agreement enters into force: ______ (in accordance with legislation, check with a lawyer).
6.2. The agreement is made in ___ copies: one each for the Parties and the Company.
Seller ______ U.F. Nazarov
Buyer ______ M.I. Qosimova
Company notified: Director ______ Sh.K. Abdullayev «___» __________
8. Sole founder's decision to liquidate an LLC
Voluntary liquidation begins with a decision of the founder. The decision contains the liquidation decision itself, the liquidator, the address for creditors' claims and the liquidator's tasks. All deadlines set by law are left blank in the sample.
KUMUSHTOL SAVDO LIMITED LIABILITY COMPANY (sample)
DECISION No. 5 OF THE SOLE FOUNDER
Tashkent · 15 December 2026
On the voluntary liquidation of the Company
I, Anvar Sobirovich Sultonov (passport/ID: ______, PINFL: ______), sole founder of Kumushtol Savdo LLC (TIN: ______, hereinafter, the «Company»), exercising the powers granted by the Company's charter, have considered the item on the agenda.
Agenda:
Voluntary liquidation of the Company, appointment of a liquidator and the liquidation procedure.
Considered:
The Company has not operated since ______, and continuing its activities is not advisable. The director's report on the Company's property and obligations as of ______ has been reviewed.
I HAVE DECIDED:
- Kumushtol Savdo LLC shall be voluntarily liquidated.
- Nilufar Rustamovna Kholmatova (passport/ID: ______) shall be appointed liquidator; the powers to manage the Company's affairs pass to the liquidator in the manner established by law.
- Deadline for creditors' claims: ______ from the day the liquidation notice is published (in accordance with legislation, check with a lawyer).
- Address for creditors' claims: ______; phone: ______; e-mail: ______.
- The liquidator shall notify the registering authority of the liquidation decision in the manner and within the deadline established by law (______) and publish the liquidation notice in the manner provided for by law.
- The liquidator shall take an inventory of the Company's property and obligations, take steps to collect receivables, notify known creditors in writing and complete settlements of taxes and other mandatory payments.
- The liquidator shall draw up the liquidation balance sheets in the manner provided for by law and submit them to the sole founder for approval.
- Property remaining after settlement with creditors shall be transferred to the sole founder.
- Once liquidation is complete, the liquidator shall apply to the registering authority to remove the Company from the state register and arrange for the records to be archived in accordance with law.
Sole founder ______ A.S. Sultonov
I have read this decision: liquidator ______ N.R. Kholmatova «___» __________
Note for the accountant. Accounting does not stop once the liquidation decision is taken. Item 5 of NAS No. 19 lists, among the cases when production stocks are counted, the liquidation (reorganisation) of an organisation, before the liquidation (separation) balance sheet is drawn up. The results of the count, sales of assets and settlement of debts are recorded with ordinary journal entries.
Practical tips
- The price in the agreement and the amounts in the acceptance certificate and invoice should match; if a difference appears, sign a supplementary agreement first.
- An advance payment is not yet an expense: the service is recorded as an expense (income for the contractor) only once the certificate is signed.
- Check that the shares in the minutes match those in the charter and in the analytical records of account 8330.
- Register certificates and other outgoing documents in the log: the number and date should match the log.
- Write passport and PINFL details only in the document that needs them and keep copies where outsiders cannot see them.
- Always have a lawyer check the charter, the share agreement and the liquidation decision before signing.
Test yourself
5 questions on this topic: pick an option or reveal the answer.
A founder of "Qamashi transport" LLC transferred a truck to the company in payment of his share in the charter capital. The founders agreed to value the truck at 150 000 000 soum (the law provides for no other procedure). Under NAS No. 21, what journal entry records the receipt of the truck?
"Chust pichoq" LLC bought steel sheet worth 60 000 000 soum for production. A lawyer was paid 150 000 soum for drafting the purchase contract. Under NAS No. 4, how is the cost of drafting the contract accounted for?
"Bulung'ur Uy Jihozlari" LLC received an advertising service from an outside agency and recorded the debt on account 6010. With which entry is the cost of the service recorded as a selling expense?
"G'uzor sut" LLC sold cheese made in its own workshop to an employee; it was agreed that the employee would pay later. Under NAS No. 21, with what journal entry is the sale recorded?
"Qaqajon Pishiriq" LLC sold to a customer part of the finished pastries in its warehouse, with a cost of 12,000,000 soums. How is the write-off of the cost recorded?
Answered: 0 / 50 of 5 correct
All tests →See also
- All 8 samples in one file (DOCX, in Uzbek)
- Services agreement (DOCX)
- Employment contract (DOCX)
- Certificate of employment (DOCX)
- Charter of a single-founder LLC (DOCX)
- Minutes of the general meeting of participants: change of director (DOCX)
- Minutes of the general meeting of participants: sale of a company car (DOCX)
- Agreement for the sale of part of a share (between participants) (DOCX)
- Sole founder's decision to liquidate an LLC (DOCX)
- Company orders and founder's decisions: 9 samples
- Certificate (act)
- Invoice (tax invoice)
- VAT
- Details (requisites)
- Charter capital
- Founder (participant)
- Administrative expenses
- Accounts payable
- Accounts receivable
- NAS No. 19
- NAS No. 21
Sources
- NAS No. 19 «Organisation and Conduct of Inventory Counts» (Order No. 141 of the Minister of Economy and Finance of Uzbekistan of 14 June 2024, registered by the Ministry of Justice on 12 August 2024 under No. 3548) · item 5 (inventory count before liquidation)
- NAS No. 21 «Chart of Accounts for Accounting of Business Entities and Instructions for Its Application» (Order No. 191 of the Minister of Economy and Finance of Uzbekistan of 14 November 2024, registered by the Ministry of Justice on 27 December 2024 under No. 3593) · items 191, 226, 257, 272, 275, 290, 347, 383 and 394 (journal entry tables)
- Sample contracts, charter, minutes and certificate, examples · made up by the author; company names, names and figures are fictional