How to register a company in Azerbaijan
A
presentation brought to you by Bridgewest.eu
Types of companies in Azerbaijan
• Limited liability company (LLC)
• Open joint stock company (JSC)
• Closed joint stock company (JSC)
• Limited partnership
• General partnership
Limited liability company (LLC)
• This company can be established by one shareholder
• The shareholders contribute with their parts to the share capital
• The liability of its members is limited to the amount of contribution made to the company
Open joint stock company • The company can be established by one or
more founders, individuals, or legal entities
• The shareholders must be authorized through insurance
• The company may freely transfer shares to the public
• The company must include Board of Directors, Supervisory Council and Audit Commission elected at the General Meeting of Shareholders
Closed joint stock company
• The company can be established by one or more natural persons or legal entities
• The shareholders must have a common capital divided into shares
• The company cannot issue transferable shares
Limited partnership
• The company established by at least two founders
• The company must have at least one general partner and at least one limited partner
General partnership
• The company can be formed by at least two members, individuals or legal entities
• The shareholders have the same rights and obligations as they are general partners
• The shares of general partners are not transferable.
Steps for company registration in Azerbaijan
• providing a company name
• providing a set of identification documents
• setting-up a the bank account for share capital
• submitting the registration documents with the Ministry of Taxes of Azerbaijan
Necessary documentation and information
• providing a guarantee letter from the lesser as proof of address
• providing passport copies of the shareholders and board members, and other documents
• setting-up a bank account for the injection of the share capital
• submitting the company registration file with the Ministry of Taxes of Azerbaijan
Requirements for Company Formation in Azerbaijan
• Any person of any nationality or residence can be shareholder in a Portugal company
• The Board of Directors should be comprised of at least two members
• The company must hold a local registered office
• Registering the company for VAT purposes
Services Provided for Company Registration in Azerbaijan
• drafting the Articles of Association
• offering a Registered Office in Azerbaijan
• setting up a share capital bank account
• recommending an accountant in Azerbaijan
• VAT registration
Thank you for your attention
Please contact us for more information at
www.bridgewest.eu/company-formation-Azerbaijan
Ph./Fax: (+44)203-287 0408
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