First Vice-President of the Republic of Azerbaijan Mehriban Aliyeva has met with President of the Senate of the Italian Republic Maria Elisabetta Alberti Casellati. The meeting was held at Azerbaijan`s national pavilion at “Milan Expo-2015” World Exhibition, which was reconstructed in the territory of the Seaside National Park. First Vice-President …
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Azerbaijani rocket and artillery formations conduct live-fire exercises
According to the training plan for 2018 approved by the Minister of Defense, the Rocket and Artillery formations are conducting live-fire exercises, Azerbaijan`s Defense Ministry said. “In the course of the exercises, artillery units work out actions to make a march, to reach concentration areas, to occupy firing and starting …
Read More »Sheki – city of caravans and khans
At the crossroads of Europe and Asia, bordered by the Caspian Sea and the Caucasus Mountains, it was an important thoroughfare on the Silk Road, the ancient web of trade routes linking East and West. By the 19th century, Sheki, on the Silk Road path through northwest Azerbaijan, was an …
Read More »Public Sector Reform
Gunay Hasanova – MA in International Affairs and Diplomacy «Situational Analysis of Higher Education in Azerbaijan after the 1992 Reform » Abstract The main purpose of this paper is to shed light on the educational system of Azerbaijan after the reforms done in 1992 by Ministry of Education and State …
Read More »“The Lapshin Case: A Red Line in Azerbaijan’s Foreign Policy” – Fuad Chiragov
The arrest of a travel-blogger Alexander Lapshin, a citizen of Russia, Israel and Ukraine, by Belarusian authorities and his extradition to Azerbaijan (1news.az, February 7) is an interesting case for a number of reasons, and particularly in the context of the unresolved Karabakh conflict. His arrest mobilized influential Armenian expatriate …
Read More »Fact Sheet – Azerbaijan (2014)
Azerbaijan Official name Republic of Azerbaijan Area 86,600 km2 Population 9.59 million [ as on January 2015] Population growth rate: 1.2 % Main languages Azerbaijani Literacy Definition: age 15 and over can read and write total population: 99.8% male: 99.9% female: 99.7% (2010 Census) Capital Baku (Population …
Read More »General Information about 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 …
Read More »Taxation in Azerbaijan
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 …
Read More »Establishing a legal presence in 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 …
Read More »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 …
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