Joint Stock Company in Azerbaijan
In Azerbaijan, there are two types of joint-stock companies (JSCs): open and closed. More people, or even corporations, can establish an open JSC in Azerbaijan. This form is accessible and recommended for large corporations, and it is also susceptible to transferrable liabilities. The managing partner publishes a list of the firm’s stockholders monthly through a disclosure portal. The management registers the joint-stock company with the Trade Registry and the Central Bank on your behalf, allowing the syndicate to distribute tradeable stocks.
Get started
Get your corporation verified in Azerbaijan in a couple of days by getting the required paperwork organized and creating a bank account with the help of our advisors. We provide consultation on the country’s legislature and registration charges:
- Choosing and registering company's name;
- Gathering and submitting the required documents;
- Obtaining an incorporation certificate;
- Income and tax filing registration.
Joint Stock Company registration conditions
A JSC’s shareholders are responsible for the liabilities and duties of the business to the degree that they contributed to them. The JSC must have an Executive Board, Supervision Committee, and Audit Panel chosen by the investors.
Timeline
The company incorporation process can take up to a week.
Fees
As part of the JSC registration costs, the state charges 11 manat. Other fees for business lawyers vary based on the circumstances. Request an estimate for our fees and additional costs.
Compulsory regulation
According to Azerbaijani law, a non-citizen can open a business in the country with just a passport. There are no minimum share capital restrictions in the nation. Only the essential documents, along with the registration money, must be given to the officials for business formation.
Documents
The specialists can collect and file the following documents and details on your behalf:
- Brand-name and legal address of the company;
- Receipt of the registration fee,
- Details of all shareholders,
- Financial statements of company owners and shareholders,
- A paper contains the signatures of all participants,
- A paper describing the company’s goal,
- A deal that spells forth the terms of joint liability.
On your behalf, the skilled litigators prepare all documents and have them signed by all other participants. The documentation is subsequently filed with the Azerbaijan registration office by the lawyers.
Consultation about Joint Stock Company registration
We offer consultation services specifically tailored to help you register your Joint Stock Company in Azerbaijan, providing guidance and support throughout the entire process. Our experienced advisors will assist you with all aspects of establishing your business, from preparing paperwork to securing permits and registrations. You will receive personalized advice on legal obligations, share capital, and corporate structure to assist you in making strategic decisions that are in line with your business objectives.
Ownership management
Handling the ownership of a Joint Stock Company can be difficult yet very important. We offer services for managing ownership changes, overseeing beneficial owners, and handling ownership transfers. We make sure that all ownership changes are correctly documented and abide by current regulations.
Corporate structure changes
As your business grows, your corporate structure may also need to evolve. If you require changes to directors, nominee information, or other structural adjustments, we offer thorough services to help make these transitions seamless and effective.
Share capital management
Properly managing share capital is crucial for the financial well-being of your company. We provide services that can assist you in boosting, decreasing, selling, and transferring share capital, guaranteeing that all operations are done correctly and in compliance with the law.
Ready for the next step
Accelerate your business growth while we take care of everything else.