Registration fee is from 2500 €
Registration period — 2 weeks
Minimum authorized capital - 10 AZN
Remote opening — yes
Financial statements — yes
Azerbaijan is a country located on the Caspian Sea coast, at the intersection of Southeast Europe and West Asia. The capital is Baku.
Azerbaijan is a modern country open to foreign investment, offering foreign entrepreneurs favorable conditions for doing business. Thanks to its location between Europe and Asia and a well-developed transportation network, Azerbaijan has become one of the business centers of the Caspian region. The state actively supports the development of business with foreign capital, particularly in the field of logistics, transportation, energy and IT sectors.
For foreign investors, opening a company in Azerbaijan is interesting primarily because of the possibility of 100% foreign ownership of the business, the simplicity of the company registration process and the absence of requirements for payment of authorized capital.
Company registration in Azerbaijan provides the owner with tax advantages - lower rates or exemption from income tax, which increases the profitability of his business.
What kind of business is company registration in Azerbaijan suitable for?
Company registration in Azerbaijan with Maira Consult is a quick and easy process without going abroad. We will accompany you at all stages, prepare documents, provide a legal address and help you open a bank account.
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Opportunity to open an account in a bank of Azerbaijan
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100% foreign ownership is allowed
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No requirements for payment of authorized capital
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Fully remote company registration
To open a company in Azerbaijan, a non-resident director and shareholder must first obtain a local tax number (TIN).
In order to register a company in Azerbaijan, it is necessary to first check the uniqueness of the name in the State Register of Azerbaijan. The name can contain Latin or Azerbaijani letters, and the use of international terms (e.g., Group, Holding, etc.) is allowed.
The minimum authorized capital is 10 AZN (approximately 6 USD). There is no requirement to pay the authorized capital prior to company registration.
A director can be an individual resident of any country. A local tax number (TIN) is required.
At least one shareholder - an individual or legal entity, no residency requirements. The shareholder must obtain a local tax number (TIN).
All companies submit monthly or quarterly reports to the tax authorities of Azerbaijan. An audit is required only for companies with large turnover.
The corporate tax rate is 20%. The standard VAT rate is 18%. If the turnover exceeds 200,000 AZN per year, the company is obliged to obtain a VAT number.
The state register is open, but personal information about beneficiaries is not available.
To start a business in Azerbaijan, you first need to choose a company form and check the company name in the state register. Non-residents of Azerbaijan most often choose the form of MMC (Limited Liability Company).
Each member of the company must undergo a KYC check and provide the necessary documents (passport, proof of residence - utility bill) and a detailed description of the company's activities.
To identify the participants, it is enough to notarize a passport and a power of attorney according to our sample. Based on these documents, our lawyers will help you obtain a local tax number (TIN) for the director and shareholder without their having to visit Azerbaijan.
The authorized capital of the MMC company in Azerbaijan is formed after the registration is completed (if necessary).
It is possible to open a company in Azerbaijan in 7-10 business days. For a non-resident director, it is possible to obtain a digital signature (ASAN Imza), which will allow you to register a company without a visit to Azerbaijan.
As soon as the state register contains information that a company is registered in Azerbaijan, the register issues corporate documents with the appropriate marks (registration certificate, charter and extract from the state register).
After the company is registered in Azerbaijan, the documents are sent for Apostille for their further use abroad (if necessary).
After the company is registered in Azerbaijan, we will send you the documents by international courier service.
Phone
+380 97 527-66-30Client Relations Department
+380 73 427-66-30Address
Kyiv, 01054, Ukraine,
40B Ivan Franko St., office 207