Azerbaijan

Capital: Baku
Population: 7 398 000
Currency: Manat (AZM)
President: Mr. Ilham Aliyev
Local time: 14:33

Company registration in Azerbaijan:

 

Main company registration legal acts:

Company registration in Azerbaijan is regulated by Civil Code of Azerbaijan Republic (June 06, 2002), Law “On protection of foreign investments” (January 01, 1992), Law “ On state registration of legal entities and State Register” (February 06, 1996) and other legal acts of Azerbaijan.

Main forms of business presence:

Limited liability company; Joint stock company; Representative/Branch office

Minimum charter capital of LLC: not established. It is advisable to make contributions to the charter capital in the amount not less than 500 US Dollars.

Services for company registration:

  • Preparation of constituent documents;
  • Company registration in tax and registration authorities;
  • Ordering and receipt of the seal (receipt of the permission from department of internal activity);
  • Registration of company’s data in social funds;
  • Notarial authentication of bank cards;
  • Opening of accumulative/current bank accounts.

Preliminary information necessary for company registration*:

  • Company’s name (3 variants).
  • Legal address in Azerbaijan (we may provide you with it upon request) and contact telephone;
  • Information about Participants (Shareholders) and Managing Director of the company (name, surname, residence address, citizenship, personal code) and contact telephones;
  • The size of charter capital of the company and methods of its contribution;
  • Types of activity;
  • Choice of bank, where accumulative/current accounts will be opened

*All documents is necessary to present in advance in order to translate them into Azerbaijani language. Our company retains the right to ask for additional documents. All documents have to be notarized by appropriate local authorities and legalised by the Azerbaijani Embassy in the country of Participants (Shareholders) or in accordance with Hague Convention (1961) must bear Apostille, issued by the approporiate state agency after the notarisation on each document.

Presence of participants (shareholders) during company registration: presence is not necessary – everything can be made with POA.

General term of company registration:  from 30 working days starting from the date, when the documents will be translated.