Black Swan Consulting is a boutique firm focusing on advising IT and fintech companies, from start-ups to international tech firms, entering the Uzbek market. From corporate structuring and obtaining licences to negotiating commercial agreements and navigating regulatory frameworks, the firm demonstrates a ‘rare agility and cultural fluency’. At the helm of the firm are Amir Akhmedov, focused on corporate, IT, investment law and IP matters, Muzaffar Ubaydullaev, a tax specialist, and Dilshod Boltaev, who leads the litigation practice.
Legal 500 Editorial commentary

Accolades

Client satisfaction: Lawyer & team quality
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®

Testimonials

Collated independently by Legal 500 research team.

  • ‘The team demonstrate professionalism, efficient coordination and commercially attuned advice. Amir Akhmedov offers strategic, responsive guidance that ensures clarity and consistent quality.’
  • ‘Perfect understanding of local rules and constraints, with rapid navigation and clear, professional communication that consistently produces effective solutions.’
  • ‘Amir Akhmedov combines integrity, strategic intelligence and precision. He remains consistently available across time zones and provides grounded leadership that ensures reliable, high-quality representation.’
  • ‘A highly client-oriented team that focuses on achieving results, treats business needs seriously and delivers work with genuine care.’
  • ‘Black Swan manage complex deals from documentation to registration, provide clear tax guidance and proactively identify risks earlier than previous advisers.’
  • ‘The team’s accuracy and systematic work stand out. Amir Akhmedov oversees each step, ensuring clarity, timely delivery and solutions to regulatory issues.’

Key clients

  • Oxinus Holding
  • Uranus Investment Capital
  • Ubrains
  • Ozplanet
  • TZTA Motorpal
  • New State Pictures
  • CMS Cameron McKenna Nabarro Olswang
  • Oksana Melnyk
  • Technology of Trust-Consulting
  • Digital Area
  • Optimo
  • Braingarden

Work highlights

Advised CMS Cameron McKenna Nabarro Olswang, acting on behalf of a global IT giant, on the regulatory framework for online and land-based gambling in Uzbekistan, including licensing, data protection compliance, and market entry risks.
Advised Oxinus Holding Limited on the launch of the government-backed “Social Card” fintech platform in Uzbekistan under a presidential initiative aimed at digitalizing social payments.
Advised New State Pictures Limited on entering Uzbekistan’s film industry, including regulatory structuring, filming permits, contractual arrangements, and legal support for participation in the national cash rebate incentive program.
Practice head

Amir Akhmedov; Muzaffar Ubaydullaev; Dilshod Boltaev