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
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 …
Read More »The Impact of Declining Oil Prices on the State Budget of The Republic of Azerbaijan Public Finance and Budgeting
The research studies the relation between oil revenues and budget structure in oil dependent country – Azerbaijan. In the paper I will analyze Norwegian, Russian model of oil revenue management. The study shows how oil prices influenced these oil-exporting countries’ economies. I will try to analyze the changes in budget …
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