Business formation in Azerbaijan
Are you a businessperson wanting to widen your business prospects or a hopeful person wanting to start a new business looking at new possibilities? Look no more than Azerbaijan, a lively and well-located country ready for business expansion. Our thorough business formation options are customized to your requirements, guaranteeing a smooth entry into the energetic business environment of Azerbaijan.
The procedure of business formation
Our comprehensive services encompass all elements involved in business formation, particularly formalities and procedures. Starting from the initial setup to the creation of legal documentation, we manage the complete process, enabling you to concentrate on your primary business goals. Our team provides assistance in:
1
Choosing the right business structure
We understand the importance of selecting the most suitable legal structure for your business, whether it is incorporation, partnership, or sole proprietorship. Our experts provide personalized guidance to assist you in achieving your goals.
2
Drafting legal documentation
All the necessary legal paperwork essential for businesses, including shareholder agreements, articles of association, and employment contracts, are prepared by our proficient experts, customized to fulfill your business's specific requirements.
3
Bank account opening
To effectively handle financial transactions, receive payments, and make disbursements, it is necessary to establish a corporate bank account in the country.
4
Registering with authorities
Our team of specialists can guide you through the bureaucratic process, taking care of all the required registrations, such as tax authorities, social security, and trade registers, to ensure that you are in line with Azerbaijan's legal system.
Timeline for business formation: setting expectations
The duration for setting up a company in the country depends on the type of business structure selected. Typically, it requires about 2-4 weeks to fulfill all requirements and establish the company.
Types of legal business structures in Azerbaijan
We have expertise in helping establish different types of companies, making sure that the structure of your business perfectly matches your goals.
Limited Liability Company (Məhdud məsuliyyətli cəmiyyət)
The Limited Liability Company is a popular selection among businesses in Azerbaijan due to its simplified registration process and customizable framework, which makes it easily attainable for entrepreneurs. We possess the necessary expertise to assist you in establishing this particular company type in Azerbaijan.
Joint Stock Company (Birlikdə səhmdarlıq cəmiyyəti)
Larger companies in Azerbaijan frequently opt for the Joint Stock Company, which allows flexibility in share transfers and enables capital raising through public offerings. The minimum capital requirement for this type of company is AZN 3400 (approximately $2160). Our assistance is available to help you with the registration procedure for establishing your Joint Stock Company in Azerbaijan.
Branch Office
A branch office is a way for a parent company to do business in a different place while keeping its original legal identity. Setting up a branch office in Azerbaijan can be beneficial for companies who want to grow without making a separate legal entity. By operating as a branch, the parent company can use its reputation and resources while entering new markets. We provide thorough assistance in establishing and handling a branch office in Azerbaijan, ensuring a seamless and compliant entry into the market.
Holding Company
A holding company is a strategic entity that is commonly used to control other companies by owning their shares. In Azerbaijan, the establishment of a holding company can provide several advantages including centralized management, risk diversification, and tax benefits. By organizing your business as a holding company, you can effectively oversee multiple subsidiaries, streamline decision-making processes, and optimize tax planning strategies. Our team of experts offers personalized support and assistance to assist you in setting up and running a holding company in Azerbaijan, while ensuring compliance with regulatory obligations and maximizing the potential of your corporate structure.
Our business formation solutions
We have two convenient choices available for establishing a company, which cater to your preferences and guarantee a seamless entry into the business environment of Azerbaijan.
Business formation online
Initiate the process of setting up your company online effortlessly, no matter where you are or what time it is. Our committed team is available to assist you at every stage, offering personalized help that caters to your individual requirements. From submitting documents to monitoring progress, we guarantee a smooth experience using electronic tools and a user-friendly interface. Allow us to streamline the process of incorporating your business, providing expert assistance as you establish your company in just a few simple steps.
Business formation remotely
Let us take care of all the paperwork and legal procedures for you. Our knowledgeable team in Azerbaijan will handle the entire process, giving you the opportunity to concentrate on your main business operations.
Contact us
Are you prepared to start your business in Azerbaijan? Don’t face the challenges alone. Get in touch with us for expert help and customized solutions to simplify the process of setting up your company. Our team of skilled professionals is available to support you throughout the entire journey, guaranteeing a smooth and prosperous introduction to the dynamic business environment of Azerbaijan. Let’s collaborate to turn your company objectives into a reality.
Ready for the next step
Accelerate your business growth while we take care of everything else.