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Tag Archives: Azerbaijan

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 …

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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 …

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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   …

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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 …

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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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