Azerbaijan

The Republic of Azerbaijan covers an area of 86,600 square km (forests accounting for 11.5%, water basins-1.6%, sown area-50%, including 27% pastures, 36.9%-other lands). The country extends between longitude 44° and 52° east and latitude 38° and 42°, with Baku situated at the latitude of 40°. It borders with Iran …

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 …

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 …

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 …

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 …

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 …

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 …

Azerbaijan, the third largest oil producer in the Commonwealth of Independent States (CIS) after Russia and Kazakhstan, shifted to a floating exchange rate regime on December 21, 2015, triggered by a rapid fall in oil prices. For the long term Azerbaijan had almost a constant peg of the US dollar …

The food balance is the economic table, reflecting sources of resources’ formation of the main type of food products and purposes its using.   The food balance reflects statistical data on movement from product output to its final consumption and gives an opportunity to analyse current situation, to forecast its …

“Eighteen goddess-like daughters are not equal to one son with a hump” – An ancient Chinese proverb. Abortion is the intended termination of a pregnancy; it may be chosen by a pregnant woman or forced to do it by others. First medical text about abortion techniques belongs to China about …