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Articles related to Azerbaijan

Social impacts of the inflation

Lately, there is a certain word that influences the life of all people and we sound several times a day: Inflation. It diffused into the life of everyone, from ordinary citizens to the entrepreneurs, from the unemployed to high-ranking officials. Now everyone “comes to agreement” with it about the activities …

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Taxation in Azerbaijan

Azerbaijan Ministery of Taxation

Taxation in Azerbaijan is regulated by the Tax Code and other relevant legislative acts. Tax Code establishes the statutory tax regime and defines taxation in the industrial and technological parks. In addition, Tax Code recognizes the existence of special tax regimes. Such special tax regimes are existent predominantly in the …

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Establishing a legal presence in Azerbaijan

Manat (Azerbaijan)

A company may start operations in Azerbaijan from the moment of state registration. The registration of commercial legal entities is handled by the Ministry of Taxes within 2 business days. Limited liability companies with local investment can be registered online. The Law “On State Registration of Legal Entities and State …

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Why invest in Azerbaijan

Azerbaijan economy

Political and economic stability 2nd fastest growing economy among 179 countries in terms of GDP per capita growth in 2001-2010 (The Economist). In the past 10 years: GDP grew by 3 times, non-oil GDP by 2.5 times, GDP per capita by 2.6 times, strategic currency reserves by 29 times. Foreign …

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Azerbaijan: State, Geography And History In Brief

Baku, Heydar Aliyev Center

Azerbaijan is one of the world’s cradles of civilization. In Gobustan, about 70 kms south of Baku, are Petroglyphs dating back to the 12th Century BC. The area was regarded by another ancient civilization, the Roman Empire, as more ancient than their own. 14 centuries later, the area is a …

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Azerbaijan in the Second World War

Beginning of the war. Azerbaijan in the annexationist plans of the struggled parties. Mobilization of forces of the people for reflection of aggression of an enemy. The international situation in 30 years has become much more complicated. The opportunities of continuation of struggle with peace ways behind world domination, behind …

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Traffic congestion – the nightmare of Baku

Abstract This paper studies the traffic congestion problem in Baku which has both negative economic and social impacts. I will particularly discuss the most important and significant reasons for jams in my paper. Despite some measures and actions are taken by government, the traffic problem is still serious and cannot …

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