Benefits of relocation of business to Azerbaijan:
- Quick establishment of businesses;
- Field specific tax and customs incentives;
- Low labor costs;
- Protection of repatriation;
- Free trade zone;
- Technological / industrial parks;
- “One stop shop” for business licenses;
- Visa-free regime for the citizens of Russia, Belarus, Ukraine.
1) Civil Code of the Republic of Azerbaijan determines incorporation of the companies by foreign entities in different forms, but most frequently chosen forms by foreign companies are followings:
- a Limited Liability Company;
- a Branch Office;
- a Representative Office.
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