جدول المحتويات

The information on this page is constantly updated and sourced from the Chamber of Commerce

Azerbaijan has now become the focus of attention of investors from all countries of the world. As the investment law in Azerbaijan is based on the principle of fairness in dealing with both domestic and foreign investors. Everyone on an equal footing has the same rights and the same duties. The foreign investor is subject to the same conditions related to the establishment of the commercial activity, and they are entitled to establish their companies according to the formulas applied in the commercial law of the State of Azerbaijan, and it depends on the systematic method that meets all international standards.

Azerbaijani law allows 100% full ownership of foreigners in local companies and does not require any specific amount of the company’s capital, In LLC companies, moreover, local laws provide flexible rules for forming joint ventures without restrictions.

Procedures for establishing companies:

sufficient period of the investor’s passport for than 6 months
Translate the documents and papers required for incorporation into the Azerbaijani language and certify them from the competent authorities
Extracting the company tax number.

Obtaining the company’s electronic signature.
Set the scope of work in the company
Choose and register the company name

Determine the shares of the participants according to the desire of the partners in the event that they are more than one person upon incorporation
Obtaining the company certificate of establishment certified by the notary
company seal

In addition to the information mentioned, All papers must be translated into the Azerbaijani language

Advantages of dealing with us :

The speed in accomplishing all the tasks assigned to extracting all the papers related to establishing companies
Translation of documents through certified translators in the Ministry of Justice
Obtaining the company’s electronic signature
Fees for translating and extracting the documents necessary for establishment and authentication by the competent authorities
Registering the company’s headquarters address with the Tax Authority.
Helping to register the company’s scope of work with the Tax Authority

Extracting the company tax number
Obtaining the company’s founding certificate and registering it as a legal entity in the state of Azerbaijan
Helping to create a bank account for the company
Assist in appointing the company’s certified accountant
Registering the shares of the participants in the founding contract in case they are more than one person.
Helping to register the company name with the Tax Authority.

Assist in appointing the company’s certified accountant
Drafting work contracts within the company between managers and employees
Issuing 300 identification cards to introduce the company
Free 1 year legal advice.

The companies that can be established in the state of Azerbaijan; the difference between them:

Limited Liability Company (LLC):

The most popular company around the world is the preferred entity for businessmen who wish to enter the market to develop themselves. This type can be created by at least one individual and is suitable for small and medium-sized companies. No capital limit is required for such type of company. The founders ’responsibility is limited to the amount of financial participation in the company.

A joint-stock company (JSC):

Suitable for investors if they are multiple people. This type of company must determine the capital, Also, shares can be freely transferred within the company, as well as trading in the public market.

The shareholders of the joint-stock company in Azerbaijan bear the responsibility for the level of their contributions regarding the company’s obligations and debts, Once the company is registered as a joint-stock company in Azerbaijan, the board and the supervisory board must be registered.

A closed joint-stock company

The difference between it and its predecessor is that the shareholders ’liability in the closed company is limited and also cannot distribute convertible shares.

Partnership in Azerbaijan:

Whether the partnership is general: All partners have the same rights and responsibilities, including debt and obligations.

limited : that the individual bears limited responsibilities and must deal with the investments of future companies.

The second partner is responsible for most of the partnership’s responsibilities, including debt and obligations.

Azerbaijan is an emerging country that is building its economy rapidly, A rich country in oil and gas and many energy sources

t has an interesting geographical distribution, it is located along the Silk Road, It is considered a gateway to Europe towards Asia and vice versa. Therefore, it is a country that attracts many foreign investors who are looking to diversify their businesses.