Start a Business
in Azerbaijan

Start a business in Azerbaijan with the expert guidance of ACON Team!

Azerbaijan is an attractive destination for entrepreneurs and investors looking to start a business. With its prime location bridging Europe and Asia, rich cultural heritage, and growing economy, Azerbaijan provides numerous opportunities for those seeking to establish new businesses in the country.

In the World Bank’s 2021 Doing Business Report, Azerbaijan ranks 9th out of 190 countries for ease of starting a business. This ranking demonstrates the country’s commitment to cultivating a business-friendly environment for entrepreneurs and investors. Azerbaijan has made several changes to make starting a business easier, shorten the time and lower the cost of getting permits, and set up an online tax system.

Azerbaijan has one of the fastest-growing economies in the region, with a 2.3% GDP growth rate in 2020 despite the challenges of COVID-19. The country has a diverse economy, featuring strong sectors in energy, agriculture, manufacturing, and tourism.

Moreover, Azerbaijan attracts foreign investors and entrepreneurs with its simple and transparent tax system, which features low rates that help minimize tax liabilities. Additionally, the government actively implements various tax incentives and exemptions, further enhancing its appeal as a destination.

How to start a business in Azerbaijan:

As previously mentioned, 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.

However, it’s important to note that for certain business activities specifically defined by the legislation, obtaining licenses is required. These businesses are primarily related to public health, education, and safety issues.

ACON Guidance to start a business in Azerbaijan:

ACON offers a wide array of professional services to foreign individuals and businesses aiming to establish a business in Azerbaijan. We design our legal and consulting services to guide you through every step of starting your business. Understanding each client’s distinct needs, we commit to providing personalized solutions for a smooth experience.

With ACON, you can seamlessly achieve all the essential tasks for launching your business. We will expertly manage complex and time-consuming matters, such as registration, permit acquisition, and more. This will allow you to concentrate solely on growing your business while we ensure a smooth and efficient process.

To date, the ACON Team has assisted several prestigious companies in Azerbaijan in starting their businesses. We are confident that many of these businesses are also familiar to you. We would be delighted to offer you our professional services and be a part of your success story as well.