Legal entity types in Azerbaijan compared
Our team is dedicated to helping entrepreneurs like you understand the complexities of Azerbaijan’s business structures. We offer a wide range of services to help you select the best structure for your business and ensure compliance with all legal regulations. Let’s examine the different business structures available and see how we can support you in establishing your business in this thriving European and Asian country.
Legal entities in Azerbaijan
Below is a summary of the most commonly used legal entities in Azerbaijan:
| Entity | Local name | Min. share capital | Management | Incorporation time (approx.) |
|---|---|---|---|---|
| Limited Liability Company | Məhdud məsuliyyətli cəmiyyət | $ 0 | Directors | 8 days |
| Joint Stock Company | Birlikdə səhmdarlıq cəmiyyəti | AZN 3400 ($ 2160) | Board of directors | 14 days |
| Branch Office | – | – | Branch manager | 15 days |
| Holding Company | – | – | Board of directors | 10 days |
Limited Liability Company (Məhdud məsuliyyətli cəmiyyət)
The Limited Liability Company is a popular option among businesses in Azerbaijan due to its easy registration process and adaptable framework, making it a feasible choice for entrepreneurs. We have the expertise to assist you in establishing this type of company in Azerbaijan.
Joint Stock Company (Birlikdə səhmdarlıq cəmiyyəti)
Larger companies in Azerbaijan frequently opt for the Joint Stock Company due to its flexibility in share transfers and ability to raise capital through public offerings. The minimum capital requirement for this type of company is AZN 3400 (around $2160). We are available to help you with the registration of your Joint Stock Company in Azerbaijan.
Branch Office
Creating a branch office allows a parent company to operate in a different location with the same legal identity. Setting up a branch office in Azerbaijan can be beneficial for companies seeking to expand without forming a new legal entity. Utilizing its established brand reputation and resources, the parent company can enter new markets through a branch office. We provide full assistance in establishing and running a branch office in Azerbaijan, guaranteeing a seamless and compliant entry into the market.
Holding Company
In Azerbaijan, creating a holding company is a useful strategy for controlling other businesses by owning their shares. This type of entity can bring benefits such as centralized management, risk diversification, and tax advantages. By forming your business as a holding company, you can effectively oversee multiple subsidiaries, simplify decision-making processes, and improve tax planning. Our knowledgeable team is here to offer personalized support and guidance in setting up and running a holding company in Azerbaijan, while ensuring compliance with regulations and maximizing your corporate structure’s potential.
Requirements for starting the business
Let’s examine the key prerequisites for initiating a business entity in Azerbaijan and the ways in which our committed team supports you throughout the entire process.
Minimum share capital
In Azerbaijan, there are minimum share capital requirements based on the type of business structure chosen. Our experts will help you calculate the required minimum share capital for your business establishment, regardless of the corporate structure selected. We will collaborate with you to guarantee adherence to regulations and maximize your financial resources.
Directors and shareholders
In Azerbaijan, it is mandatory for every business to have directors and shareholders in place. Our experts provide valuable guidance on selecting appropriate directors to ensure the company benefits from their expertise and aligns with your future goals.
Legal duties and obedience
Ensuring compliance with authorities, ongoing reporting, and tax obligations is essential for businesses. Our legal team manages all administrative tasks to ensure full compliance, allowing you to concentrate on core operations without worrying about paperwork.
Book a consultation
The team spends time getting to know your objectives, field, and obstacles, so we can offer tailored support during the process of forming your business. We promise a smooth and trouble-free path to creating a successful company in Azerbaijan, thanks to our expertise and commitment to delivering outstanding service. Don’t let the challenges of setting up a business in Azerbaijan hold you back from success. Trust in us, and together, we will help your organization reach its full potential. To start your path to success, reach out to us now. Fill out and submit the inquiry form below, and our experts will reach out to you.