In addition to the information mentioned , we mention that the documents of your future company must be translated into the Azerbaijani language.

Businessmen who want to open a company in Azerbaijan registered as a limited liability company (LLC) must know that they are entitled to own 100% of the company’s shares as foreign investors, as there aren’t any restrictions regarding this issue. When incorporating this company type, investors should prepare the following set of documents:

• the application form required by the Ministry of Taxes, under its notarized version;
• the incorporation documents of the company – the resolution of the shareholders through which they decide the registration of an LLC;
• personal details of the company’s founders (the shareholders have to provide their identity cards or passports);
• if the company is incorporated by a foreign legal entity, the articles of association and other incorporation documents of the respective company have to be submitted;
• the evidence on the payment of the registration fee required when incorporating a local business.

A sample of the charter of the limited liability company can be found on the website of the Ministry of Taxes of the Republic of Azerbaijan; however, you can rely on our team of consultants in company formation in Azerbaijan for additional information on other documents investors should prepare upon the registration of this company type.

Please note that once the company was incorporated and once the procedure of company registration in Azerbaijan was completed, the investors will still have to take additional measures, which are prescribed under the national legislation. Thus, they must consider that they should prepare the company’s seal and obtain an e-signature for the company, which will be used on the online platform of the tax institution.

Additional aspects refer to the registration with the tax authorities and other institutions and report to these authorities as required. Once the company will hire employees, the company’s representatives must register the employment contracts, including the one signed with the person who will act as the company’s director.