I am planning to start my own small business in Azerbaijan, I need to understand the process of starting a business in Azerbaijan

Starting a business in Azerbaijan is a straightforward process with minimal requirements. For many business fields in Azerbaijan, obtaining licenses and permits is not required. In other words, for most types of businesses, simply registering the company typically suffices to start activities.

What is a residence permit in Azerbaijan?

A residence permit in Azerbaijan allows foreign nationals to reside in the country for a specified period. This permit can be temporary or permanent, depending on the applicant's circumstances.

What is a Temporary Residence Card (TRC) in Azerbaijan?

A Temporary Residence Card (TRC) in Azerbaijan is issued to foreign nationals who intend to stay in the country for more than 90 days. It is valid for up to one year and can be renewed.

What are the fees for Azerbaijan TRC for Indian citizens?

The fees for obtaining a Temporary Residence Card (TRC) in Azerbaijan for Indian citizens vary depending on the length of the permit and other factors. It is recommended to contact ACON Law Firm for the most accurate and up-to-date fee structure.

What are the fees for Azerbaijan TRC for Pakistani citizens?

The fees for obtaining a Temporary Residence Card (TRC) in Azerbaijan for Pakistani citizens vary depending on the length of the permit and other factors. It is recommended to contact ACON Law Firm for the most accurate and up-to-date fee structure.

How can I obtain a residence permit in Azerbaijan through investment?

Foreign nationals can obtain a residence permit in Azerbaijan through investment by meeting specific investment criteria set by the Azerbaijani government. This includes investing in real estate, business, or other sectors. Contact ACON Law Firm for detailed guidance on the investment requirements and application process.

I want to know the requirements for obtaining Temporary Residence Permit (TRP or TRC) in Azerbaijan

The Migration Code outlines the grounds for obtaining a permit to reside in Azerbaijan on a temporary basis in Article 45. ACON Law Firm provides services related to obtaining a TRP in Azerbaijan for foreigners and stateless persons, but only for specific grounds. If you fall under the categories mentioned, you can confidently apply for our services: Persons who have Bank Deposits or own Real Estate in Azerbaijan, Persons engaged in or planning to engage in business activities in the Republic of Azerbaijan, Persons who have invested in the economy of Azerbaijan or plan to do so, Family members of Temporary Residence Permit holders and close relatives of Azerbaijani citizens.

Хочу узнать о требованиях для регистрации компании (ООО) в Азербайджане

Законодательство Азербайджана устанавливает единые требования к регистрации компании как для граждан Азербайджана и местных компаний, так и для иностранных физический и юридических лиц. Требования законодательства в отношении регистрации Общества с ограниченной ответственностью (ООО) в Азербайджане достаточно просты и минимальны. Так, для регистрации Общества с ограниченной ответственностью (ООО) в Азербайджане учредителям необходимо лишь оплатить минимальный уставный капитал и предоставить необходимые учредительные документы.

Я хочу получить временный вид на жительство или ВНЖ в Азербайджане.

Согласно статье 45 Миграционного кодекса АР иностранцы (лица без гражданства) могут получить Временный вид на жительство (ВНЖ) в Азербайджане по одному из перечисленных оснований. Юридическая фирма ACON оказывает услуги по получению временного ВНЖ в Азербайджане только при наличии определенный основаниям. Если вам подходит одно из нижеперечисленных оснований, вы можете смело обращаться к нам за услугами: Иностранцы и лица без гражданства, имеющие банковский вклад или владеющие недвижимостью в Азербайджане,Иностранцы и лица без гражданства, занимающиеся или планирующие заниматься бизнесом в Азербайджанской Республике,Иностранцы и лица без гражданства, инвестировавшие в экономику Азербайджана или планирующие это сделать,Близкие родственники лиц, имеющих Временный вид на жительство (ВНЖ) и члены семей граждан Азербайджана.

Я хочу знать, как получить разрешение на временное проживание в Азербайджане.

В статье 45 Миграционного кодекса перечисляются основания для получения разрешения на временное проживание в Азербайджане. Юридическая фирма ACON оказывает услуги по получению РВП в Азербайджане для иностранцев и лиц без гражданства только по определенным основаниям. Если вам подходят перечисленные ниже основания, вы можете смело обращаться к нам за услугами: Лица, имеющие банковские вклады или владеющие недвижимостью в Азербайджане,Лица, занимающиеся или планирующие заниматься предпринимательской деятельностью в Азербайджанской Республике,Лица, инвестировавшие в экономику Азербайджана или планирующие это сделать,Члены семей, имеющих Разрешение на временное проживание и близкие родственники граждан Азербайджана.

With ACON Guidance!

Company Registration in Azerbaijan

Company registration in Azerbaijan is the process of obtaining official state registration for businesses planning to engage in commercial activity within the country. Company formation is the first stage for starting business activities in Azerbaijan. Of course, individuals have the legal right to start entrepreneurship without the creation of a legal entity. However, usually, local and foreign individuals and entities prefer business registration to conduct business activities in Azerbaijan. Let’s also note that, as in most countries, the most preferred organizational and legal form for the company in Azerbaijan is the Limited Liability Company (LLC).

Business Establishment in Azerbaijan

business registration in azerbaijan

What is Business Registration?

Setting up a company in Azerbaijan is the official state process of registering a business entity or an individual intending to engage in commercial activities in Azerbaijan. This is a mandatory first step to lawfully operate a business in the country. Businesses in Azerbaijan can be registered in two primary forms, as mentioned in the photo above.

Foreigners have the same rights and requirements as Azerbaijani citizens when registering their businesses.

Types of Legal Entities

Limited Liability Company (LLC)

A Limited Liability Company (LLC) can be established by one or more individuals or legal entities. The founders’ liabilities are limited to the extent of their shares in the Charter capital. Notably, there is no minimum Charter Capital requirement for LLC registration in Azerbaijan. Entrepreneurs can register an LLC as a Sole Proprietorship or a Partnership.

Joint Stock Company (JSC)

A Joint Stock Company (JSC) is typically chosen for larger business entities. Azerbaijani law defines two types of JSCs:

Open Joint Stock Company (OJSC)
Closed Joint Stock Company (CJSC)

Documents Required for Company Registration in Azerbaijan

To register a company in Azerbaijan, you need the following documents:

Application Form: Complete and submit this form to start the registration process.
Power of Attorney (POA): If a legal representative is handling the registration, include this document.
Charter: This document outlines the company’s purpose, structure, and rules.
Company Establishment Decision: A document showing the decision to create the company and appoint the CEO.
Identity Documents: Copies of ID for both the founders and the CEO.
Payment Receipt: Proof of payment for the state fee and Charter capital.

Subsidiary Company Registration

A subsidiary in Azerbaijan is considered an independent company and follows the same registration requirements as other company forms. Foreign businesses must legalize certain documents according to international standards when registering a subsidiary.

Needed Documents for Subsidiary Registration

To register a subsidiary company in Azerbaijan, you’ll need the following documents:

Application Form
Complete the required application form for subsidiary registration.
Founding Company Registration Documents
Provide documents confirming the state registration of the founding company. These should be duly legalized.
Information About Founders
Include details about the founders of the subsidiary.
Identity Documents of the Founding Company Head
Submit copies of documents confirming the identity of the head of the founding company.
Charter of the Subsidiary Company
Present the Charter or Articles of Incorporation for the new subsidiary.
Decision on Establishment
Include the decision on the establishment of the subsidiary and the appointment of its head or legal representative.
Identity Document of the Head or Legal Representative
Provide a document confirming the identity of the subsidiary’s head or legal representative.
State Fee Payment Confirmation
Show proof of payment for the state registration fee.
Share Capital Deposit Confirmation
Provide a document confirming the deposit of the required share capital.
Legalized Power of Attorney
If applying through a legal representative, include a legalized Power of Attorney (POA).

Understanding the Difference Between an Independent Company and a Subsidiary Company in Azerbaijan

When starting or expanding a business in Azerbaijan, one crucial decision is whether to establish an independent company or a subsidiary company. This choice can significantly impact your business operations, legal obligations, and financial performance. Below, we’ll explore the key differences between these two business structures.

Independent Company in Azerbaijan

An independent company is a standalone entity with full legal autonomy. It operates without being controlled by any other company. Key characteristics include:

Full Control: An independent company has complete control over its operations, decision-making, and financial management.
Separate Legal Entity: It is a separate legal entity from its owners, meaning it can own property, enter into contracts, and sue or be sued in its name.
Tax Obligations: The company is responsible for its own tax liabilities and must comply with Azerbaijani tax regulations independently.

Characteristics of a Subsidiary Company

A subsidiary company, on the other hand, is a company controlled by a parent company, which holds a majority of its shares. Important aspects include:

Controlled by a Parent Company: The parent company can influence decisions, including management appointments, and financial policies.
Separate Legal Entity: While a subsidiary is legally separate from its parent, the parent company may still bear some responsibility for its liabilities, especially if it holds 100% ownership.
Tax Benefits: In some cases, subsidiaries may enjoy tax advantages or be part of a consolidated tax group, depending on the parent company’s structure and international tax treaties.
Alignment with Parent Company Goals: A subsidiary typically operates in alignment with the parent company’s objectives and may be restricted in terms of diversification or strategic shifts.

How to Register a Company in Azerbaijan: Step By Step

Business registration process in azerbaijan — Steps of Company Registration

Step 1: Determine the Legal Structure

Choose the legal form of your company. You may also consider registering a branch or subsidiary.

Step 2: Gather and Organize Documents

Gather the necessary documents and pay the associated fees.

Step 3: Fund the Charter Balance

Deposit the required Charter capital. For an LLC, there is no minimum requirement.

Step 4: Submit Documents for Registration

Submit your application to the State Tax Service. The registration process typically takes 2 working days. Upon completion, you will receive a Tax Identification Number, Registration Certificate, and Company Charter.

Step 5: Obtain Necessary Permits

Certain businesses may require additional licenses or permits to operate legally in Azerbaijan.

Step 6: Opening a Bank Account for Your Company

After we receive your company’s founding documents, we will electronically apply to open a bank account in Azerbaijan. This process typically takes 1 to 2 working days.

Individual Entrepreneur Registration in Azerbaijan

Starting your own business as an individual entrepreneur in Azerbaijan? Here’s a straightforward guide to help you through the registration process:

What is Individual Entrepreneur Registration?

Individual Entrepreneur Registration is the process of officially setting up your own business as a sole proprietor in Azerbaijan. This allows you to operate a business under your own name without forming a separate legal entity.

Steps to Register as an Individual Entrepreneur

Prepare Your Documents:
- Valid ID (passport or national ID card)
- Proof of residence
- Application form
Submit Your Application:
- Visit the State Tax Service or a local registration office.
- Submit your completed application and documents.
Get Your Registration Certificate:
- Once approved, you’ll receive a registration certificate.
- This document confirms your status as an individual entrepreneur.
Open a Bank Account:
- Open a business bank account in your name.
- This is necessary for handling business transactions.
Start Your Business:
- With your registration complete, you can begin your business operations.

In Conclusion: Legal Assistance for Register and Start a Business in Azerbaijan

For assistance with company or subsidiary registration in Azerbaijan, or for consulting services to start a business, contact ACON Consulting. We are dedicated to providing comprehensive legal support and are here to welcome you as a valued client. We are here to help you every step of the way.

Ready to begin? Contact ACON Consulting today to start your business in Azerbaijan.

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