Any type of activity completed in Azerbaijan implies the imposition of a tax. The main categories of taxpayers in this country are natural persons who must pay the personal income tax and companies that, in Azerbaijan, are subject to the corporate tax that is levied at a specific rate based on the type of operations completed, but…
A company, no matter whether it is established in Azerbaijan or not, can form a subsidiary in this country in one of three legal types of entities which are available for commercial purposes: a joint stock company, a limited liability company or an additional liability company. In this article, our company formation agents…
Setting up a branch in Azerbaijan implies that the parent company is responsible for the debts and obligations of the branch. According to the local legislation, a branch in Azerbaijan is not considered to be a separate legal entity, however, it is taxed as one. As follows, our company formation advisors in Azerbaijan explain how to establish…