ACON Law Firm offers expert guidance on Company Registration process 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 registration 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 company 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).
Azerbaijan’s legislation mandates the same registration requirements for both Azerbaijani citizens and local companies also for foreign companies and individuals. The requirements of the legislation regarding the registration of a Limited Liability Company (LLC) in Azerbaijan are quite simple and minimal. Thus, to register a Limited Liability Company in Azerbaijan, the founders need only pay the minimum authorized capital and submit the required founding documents.
Let us add that The State Tax Service carries out the company registration process in Azerbaijan. After submitting the documents, the relevant state authority typically registers the company within 2-3 working days. After that, The State Tax Service presents the documents related to the state registration of the company to the applicant or their representative after registration.
The representative office of a foreign company in Azerbaijan is an autonomous division, advocating and safeguarding the firm’s interests. Additionally, a branch of a foreign company in Azerbaijan is a distinct division, undertaking all or some functions, including representational duties and rights.
Foreign companies have the right to register branches or representative offices in Azerbaijan, in compliance with local laws. To register a branch or representative office of the foreign company, required documents must be prepared and submitted.
Foreign companies also have the right to register their subsidiaries in Azerbaijan. When registering a subsidiary company, it is important to note that the process is similar to establishing a local firm in Azerbaijan. Nevertheless, there are additional legal requirements pertaining to subsidiary company registration.
ACON Law Firm offers professional legal services for registering a company in Azerbaijan for foreign individuals and businesses. In addition to company registration, our services cover registering branches, representative offices, and subsidiaries in Azerbaijan as well. With years of experience serving clients worldwide, we offer tailored solutions for unique needs. Our team values a personalized approach, ensuring we understand each client’s specific objectives. Our goal is to deliver prompt and efficient services that fulfil our clients’ requirements.
As ACON Law Firm, we provide not only business registration but also essential legal and business consulting services for businesses operating in Azerbaijan.