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.

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 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).

Business Registration in Azerbaijan: Legal Entities and Individual Entrepreneurs

What is Business Registration?

Business registration 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:

Legal Entity: This includes companies or branches of companies.
Individual Entrepreneur: This applies to individuals engaging in business activities on their own.

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)

Required Documents for Company Registration

To register a company in Azerbaijan, the following documents are necessary:

Application form
Company Charter
Decision on establishing the company and appointing the CEO
Copies of documents confirming the identity of the founders and the CEO
Power of attorney (if applying through a legal representative)
Receipt confirming payment of the state fee and the 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 companies must legalize certain documents according to international standards when registering a subsidiary.

Required Documents for Subsidiary Registration

Application form
Documents confirming the state registration of the founding company (duly legalized)

Information about the founders of the founding company
Copies of documents confirming the identity of the head of the founding company
The Charter of the Subsidiary Company
Decision on the establishment of the Subsidiary Company and appointment of its head or legal representative
Document confirming the identity of the head or legal representative
Document confirming the payment of the state fee
Document confirming the deposit of the Share Capital
Duly Legalized Power of Attorney (if applying through a legal representative)

Steps to Register a Company in Azerbaijan

Step 1: Determine the legal structure for the company you wish to register

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

Step 2: Gather and Organize Documents for Company formation in Azerbaijan

Gather the necessary documents and pay the associated fees. Note that all registration forms are available in Azerbaijani.

Step 3: Deposit the Charter Capital

Deposit the required Charter capital. For an LLC, there is no minimum requirement, while a JSC requires a minimum of AZN 2000 (about USD 1200).

Step 4: Submit documents for company registration and receive the registration documents

Submit your application to the State Tax Service. The registration process typically takes 2-3 working days. Upon completion, you will receive a Tax Identification Number, Registration Certificate, and Company Charter.

Step 5: Obtain Necessary Licenses or Permits

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

Individual Entrepreneur Registration

Individual Entrepreneur Registration allows individuals to start business activities without forming a company. This is a common choice for small entrepreneurs, but it is also an option for larger enterprises. Only Azerbaijani citizens and resident foreigners can register as Individual Entrepreneurs.

Legal Services for Registering 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.

Conclusion

Registering a business in Azerbaijan involves understanding the legal forms and requirements. Whether you are a foreign investor or a local entrepreneur, ACON Consulting is here to guide you through the process, ensuring your business is set up smoothly and efficiently. Contact us today to start your journey in Azerbaijan’s vibrant business landscape.

NOTE: If you’re looking to register a branch or representative office in Azerbaijan, visit our comprehensive “Branch Registration in Azerbaijan” blog page for detailed and useful information.

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