One-Stop Shop

Azerbaijan Republic Ministry of Taxes

Starting business before one-stop shop

• 53 days & 13 procedures• Registration at least in 4 government agencies:– Ministry of Justice;– Social Protection Fund;– State Statistics Committee;– Ministry of Taxes;

Filing 33 documents…… losing time and money

Reforms

• As a result of the Order no. 2458, dated 25 October 2007 of the President of the Republic of Azerbaijan as of January 1st, 2008 Azerbaijan launched a new company registration system and the reforms went through in just 60 days

• As the Ministry of Taxes had all necessary resources it was identified as a single state authority responsible for registration of legal entities.

Single Registration Authority

• Attending only one authority and getting foundation documents;

• Get your documents within 3 business days.

Unique code-TIN

• Recognised as- State registration number- Tax identity number

Decided to open a company?

• Within 8 days you can start your business!

ProceduresProcedures dayday

Obtain a confirmation on legal address 1

Notarize company documents 1

Payment of charter capital and the state registration fee 1

Getting registered at the One –top Shop 3

Obtain a company seal 1

Open a permanent bank account 1

Documents you will need for state registration

1. Standard application form;2. Founding documents – the charter and the resolution;3. Bank receipt confirming the payment of the state registration fee;4. If the founder is a legal entity – notarized copy of the founding documents; If the founder is an individual – copy of his/her identity card;5. A document confirming the legal address of the entity;6. In case of appointment of an authorized representative, a copy of his/her identity card.

During registration

• Cheking uniqueness of the business name; 

• Opening of a bank account; 

• VAT registration;

• Connection to e-Return system;

• Use of e-Tax services;

• Taking taxpayers control books.

Dial “1” and get 24/7 free access

to all information

195 Call Centre

Internet Tax Departmentwww.taxes.gov.az

One-stop shop

Ministry of Taxes

Social Protection

Fund

Registration of legal entities• AVİS-Automated Tax Information System

• Integration in on-line mode

Customs Committee

Other Authorities

Advantages

• Business will address one agency only, thereby saving time;

• Less procedures and shorter time;• Fewer documents;• Unique code in business environment – TIN;• Advising on business legislation;• Single on-line database of registrations;• Savings for the private sector (12 mln euros in 2008-

estimated by World Bank).

Registration progress

In the first year of the application of the One-Stop Shop principle the level of registration increased by

30%.

Azerbaijan was

the top reformer

for 2008

“One stop shop” principle has been recognized as one

of the most successful

reforms in the area of

registration of entities

Forthcoming reforms

• Extend the exchange of information with other state authorities within e-Government project framework;

• Launch e-Registration;

• Decrease the list of documents and time for registration;

• Extend on-line services.

Thank You for Your Attention!

Any questions?