INNOVATION IN ISSUING THE "ASAN IMZA" CERTIFICATES
Extension of validity term"Asan Imza" Certificates and purchase of new (Business) "Asan Imza" Certificates are now available online.
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CRITERIA FOR RISKY TAXPAYERS AND TRANSACTIONS ARE APPROVED
By the decision of the Cabinet of Ministers of the Republic of Azerbaijan the criteria for risky taxpayers and risky transactions were approved.
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STATE MEASURES OF FINANCIAL SUPPORT TO ENTREPRENEURS AFFECTED BY COVID-19
The Government of the Republic of Azerbaijan provides support to businesses affected by COVID-19 in several directions.
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ONLINE COMPANY REGISTRATION FOR LEGAL ENTITIES IS NOW EASIER
Now more favorable conditions for online registration of legal entities are available. Thus, starting from the beginning of the current year it is possible to complete state registration (including VAT registration and bank account opening) in one procedure. The necessity to sign e-application and other procedures previously applied to the
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AZERBAIJAN MOVED TO 25 IN DB 2019 RATING
According to the report, which the World Bank Group publishes annually on the “ease of doing business” based on 10 indicators of life of business in 190 countries, in 2019 in the Republic of Azerbaijan the ease of starting business increased and the country moved for more than 30 positions, from 57 to 25 in the rating compared to 2018.
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ENTREPRENEURSHIP INSPECTIONS HAVE BEEN SUSPENDED FOR 2 YEARS
The Parliament of Azerbaijan Republic (Milli Mejlis) passed the law “On Suspension of Entrepreneurial Inspections” with the purpose of stimulating the entrepreneurial development in the country.
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AMENDMENTS CONCERNING THE LEGAL PERSONS ARE MADE TO THE CIVIL CODE
Legal persons will face amendments that are adopted to the Civil Code of Azerbaijan Republic. The main change sets the rules for the concluding deals by related persons of legal entities.
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THE NEW RULES IN CHANGING THE STATE REGISTRATION INFORMATION
On December 17th number of amendments were made to the law of Azerbaijan Republic “On State Registration and State Registry of the Legal Persons”.
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