Azerbaijan’s taxation system is made of several levies imposed on both natural persons and corporations on the income generated in the country and/or outside it, depending on their residency. Just like in other countries, these taxes are direct or indirect. One of the most important levies is the withholding tax in Azerbaijan and it…
Located at the limit of Eastern Europe and Western Asia, Azerbaijan is the most developed economy in its region which makes it very appealing when it comes to starting a company. Moreover, its geographical location makes it ideal for investors from both Europe and Asia to consider it for future business opportunities. Those…
Azerbaijan is one of the most prolific economies located at the crossroads of Europe and Asia which makes it very appealing for those who want to move here for work or to start a business. The immigration regulations in Azerbaijan provide for various visas under which a foreign citizen can move here. Based on…
Azerbaijan represents a country with a rising economy which attracts many foreign investors who are looking to diversify their businesses. As follows, our company formation consultants in Azerbaijan present the most frequently asked questions on the company formation procedures in this country. 1. Why invest in Azerbaijan? The local government has made important efforts to attract…
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…
Generally, a credit rating is utilized by sovereign wealth funds, pension funds and other investment vehicles to measure the creditworthiness of Azerbaijan, this way exercising a great impact on the borrowing expenses of the country. Standard & Poor’s credit rating for Azerbaijan was set at BB+; Moody’s credit rating for the country was established at Ba2 with a stable…
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…
