How to register a company in Azerbaijan?
20 Feb

How to register a company in Azerbaijan?

Registering a company in Azerbaijan can be a complex process, but it's important to get it right to ensure your business is legal and compliant. This guide provides an overview of the steps required to register a company in Azerbaijan, including the necessary documents, procedures, and timelines.

Company Registration in Azerbaijan

If you're looking to start a business in Azerbaijan, registering your company is a critical first step. While the process may seem daunting, it's important to get it right to ensure your business is legal and compliant. This guide provides an overview of the steps required to register a company in Azerbaijan, including the necessary documents, procedures, and timelines.

Step 1: Choose the Type of Company You Want to Register

There are several options for company registration in Azerbaijan, including a Limited Liability Company (LLC), Joint Stock Company (JSC), and Branch Office. The most common type of company is an LLC, which offers limited liability to its owners and requires a minimum of one shareholder and one director. A JSC is more suitable for larger businesses with multiple shareholders, while a Branch Office is an extension of a foreign company in Azerbaijan.

Step 2: Choose Your Company Name with the Ministry of Taxes

Once you have selected a company type, you will need to check if the name you have chosen for your company is already taken. This can be checked through the website of the Ministry of Taxes of the Republic of Azerbaijan.

Step 3: Prepare Your Company's Charter and Other Documents

Next, you will need to prepare the charter of your company and other necessary documents, including the passports of the founders, proof of payment of registration fees. The articles of association describe your company's structure, shareholders and business activities and must be prepared in Azerbaijani.

Step 4: Creating a bank account and Deposit the Required Minimum Share Capital

To register your company, you will need to open a bank account in Azerbaijan and deposit the required minimum share capital, which varies depending on the company type. For an LLC, the minimum share capital is AZN 10 (approximately USD 6), while a JSC requires a minimum of AZN 2000 (approximately USD 1200).

Step 5: Obtain a Registration Certificate from the Ministry of Taxes Azerbaijan Republic

Once you have completed all the required documents and payments, you can submit your application for registration to the Ministry of Taxes. If your application is approved, you will receive a registration certificate with  Taxpayer Identification Number first (TPIN), which is proof of your company's legal existence in Azerbaijan.

Step 6: Obtain Any Necessary Licenses or Permits

Depending on your business activities, you may need to obtain additional licenses or permits to operate in Azerbaijan. These can include business permits, trade licenses, and environmental permits. It's important to research and obtain all necessary licenses and permits to avoid legal and financial consequences.

In conclusion, registering a company in Azerbaijan can be a complex process, but it's a critical step towards starting a business in the country. It's recommended to seek professional law firm in Azerbaijan or business consulting company who can help navigate the process and ensure compliance with Azerbaijan's legal and regulatory requirements. With the right preparation and guidance, you can successfully register your company and start your business in Azerbaijan.

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  • Dr. S R Dewat 2023-08-30 17:19:42

    I want to registered LLL company ..I am from India

    This article is about the company registration process. If you need more information, you can contact me at the number I provided in the contact. Vəkil Qulam İsmayılzadə
  • Muhammad Akhtar 2023-10-14 15:53:46

    I'm Akhtar from Pakistan Karachi i like a open the Business Restaurant, Gust House possible please send me details of your service and price have a Business viza also have Turkey Istanbul Multiple viza.

    Please write to my Watsap number for fee information. Vəkil Qulam İsmayılzadə
  • Fakhar Raza 2023-11-22 23:30:48

    Want to open general trading LLC kindly guide me

  • Subhashis Ranjan Das 2023-11-23 20:10:09

    I am an Indian Entrepreneur want to open a company in Azarbaizan, for which I will visit your country very soon, now pls advise me how to start. W/A- +91-7044012331

  • James 2024-01-13 10:05:25

    How many days are demanded to register a company?

    Approximately 3-5 days are required to register a company in Azerbaijan. Vəkil Qulam İsmayılzadə
  • Rafique Shariq 2024-02-10 11:05:19

    I am shariq rafique from pakistan and i want to establish my trading company regarding pink salt .Mangoes, RIce and in ORanges .Plz guide me how to register my trading company in Azerbaijan

    You can find appropriate information at the article. Vəkil Qulam İsmayılzadə
  • Muhammad Zahid 2024-02-22 01:10:50

    Salam This is Zahid from Pakistan but currently I m living in dubai I want open a small business in Baku like Tourism agency or guest house I have been already there and now again going for this reason month of April can your office help please.. they can contact me by WhatsApp +971501961642 or email for all the details .. Thank you Salam bu pakistanlı Zahiddir amma hal hazırda dubayda yaşayıram Bakıda kiçik biznes açmaq istəyirəm Turizm agentliyi və ya qonaq evi kimi mən artıq orda olmuşam və indi də aprel ayı bu səbəbdən gedirəm ofisiniz kömək edə bilər zəhmət olmasa.. bütün təfərrüatlar üçün WhatsApp +971501961642 və ya e-poçt ilə əlaqə saxlaya bilərlər.. Təşəkkür edirəm

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