Azerbaijan flag Azerbaijan: Operating a Business in Azerbaijan

Starting a business in Azerbaijan

Legal Forms of Companies

Sole proprietorship
Number of partners: 1 person
Capital (max/min): No minimum capital required.
Shareholders and liability: Limited to invested capital.
Private Limited Company
Number of partners: From one to fifty.
Capital (max/min): No minimum capital required.
Shareholders and liability: Limited to invested capital.
Public Limited Company
Number of partners: One or more.
Capital (max/min): The minimum share capital for an open JSC is at least AZN 4,000 (about USD 5,100); while for a closed JSC it is at least AZN 2,000 (about USD 2,550).
Shareholders and liability: Limited to invested capital.
General partnership
Number of partners: One or more.
Capital (max/min): No minimum capital
Shareholders and liability: Unlimited.
Limited partnership
Number of partners: Two or more.
Capital (max/min): No minimum capital required.
Shareholders and liability: The general partners have unlimited liability for the debt, and any limited partners have limited liability up to the amount of their investment.

Business Setup Procedures

Setting Up a Company Azerbaijan Eastern Europe & Central Asia
Procedures (number) 3.0 5.3
Time (days) 3.5 11.8

Source: Doing Business - Latest available data.

 
The Competent Organisation
Public Registration of Legal entities.
For Further Information
Consult Doing Business Website, to know about procedures to start a Business in Azerbaijan.
The Ministry of Finance and Taxes, register a company.

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Latest Update: September 2022

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