Company registration in Azerbaijan

The small state of Azerbaijan is located in Transcaucasia and has access to the Caspian Sea. The country demonstrates high rates of economic growth. The most developed spheres are oil and gas production, industry, agriculture, tourism. In the jurisdiction, which is not actually offshore, the middle class is just beginning to emerge, along with this state attracts foreign investors, is of interest for the development of business from scratch. According to the World Bank's Doing Business report in 2019, the country ranked 9th in the world in terms of ease of business registration. Recently, many businessmen are eager to register an Azerbaijani company and open a corporate account in Azerbaijan. Below we will describe in more detail the process of incorporating a company in the Republic of Azerbaijan.