Azerbaijan introduces one-click registration of businesses

The Ministry of Taxes of the Republic of Azerbaijan have announced that from the beginning of 2019 a single procedure (including VAT registration and opening a bank account) is needed for LLCs’ with local investments to be state registered online. All procedures that were previously in place have been abolished including the necessity of validation of e-application with electronic signature. As a result, number of procedures has been decreased from 3 to 1; the duration of the procedure was reduced to 20 minutes, while requirement of financial resources, as well as number of documents have been eliminated.  For more read here.

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