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.

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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