Company formation costs and fees in Azerbaijan

Azerbaijan company registration cost: Paper-based vs. online application

In Azerbaijan, no state fee is required for electronic registration of a limited liability company (LLC). This makes online registration both faster and more profitable. However, when applying on paper, certain state fees are applied, and these payments can be made electronically.

For paper-based applications, certain azerbaijan company registration fees apply and must be paid electronically:

• 300 manats – for registration of commercial legal entities such as banks, stock exchanges, insurance companies and brokers;
• 15 manats – for registration of other legal entities;
• 5 manats – for legal entities operating in the agricultural sector;
• 3 manats for each signature – during notarization of the application.

This transparent structure helps entrepreneurs plan their company registration cost in Azerbaijan efficiently.

Company registration cost in Azerbaijan for branches and representative offices

The fees and documents required for the registration of branches or representative offices of foreign commercial legal entities in Azerbaijan are regulated in detail in the Laws of the Republic of Azerbaijan “On State Fees” and “On State Registration and State Register of Legal Entities”.

Uniform standards, application forms and document samples in this area are presented on the Internet resources of the Ministry of Taxes. The latest information is regularly updated:

• Charter and document samples
• Uniform standards for registration

The following state fees are applied when applying on paper:

• 300 manat – for banks, stock exchanges, insurance and brokerage companies, branches and representative offices of foreign legal entities;
• 5 manat – for legal entities engaged in agriculture;
• 15 manat – for registration of other legal entities;
• 3 manat for each signature – during notarization of documents.

This information provides clarity on the costs and procedures that foreign companies may encounter in starting legal activities in Azerbaijan.

Costs for obtaining “ASAN Signature” and electronic signature

In Azerbaijan, no state fee is required for electronic state registration of limited liability companies (LLCs) — this applies to both local and foreign-invested LLCs. This allows entrepreneurs to complete the registration process quickly and within budget.

However, in order to complete the registration, it is necessary to obtain “ASAN Signature” and an electronic signature. The following fee is provided for obtaining these services:

• 18 AZN – payment for the joint service of “ASAN Signature” and electronic signature.

These signatures are necessary for online registration, filing tax returns, banking transactions and using other electronic government services.

Information on minimum authorized capital

Apart from registration fees, you must consider authorized capital requirements when estimating the total company registration cost in Azerbaijan.

Requirements for LLCs

There is no minimum authorized capital requirement in the legislation for limited liability companies (LLCs) and cooperatives. However, if the LLC’s charter does not specify the payment period for the capital, it must be paid in full within 3 months from the date of registration (according to Article 90.2 of the Civil Code).

Minimum capital amounts for other legal entities

Minimum capital requirements for certain areas are set out in legislation. For example:

• Closed Joint Stock Company – 2,000 AZN
• Open Joint Stock Company – 4,000 AZN
• Non-banking financial institution (NBFI) – 300,000 AZN
• Credit unions – 4,000 AZN
• Investment fund and equity investment fund – 500,000 AZN
• Managing legal entity of investment funds – 125,000 AZN
• Newly established banks – 50,000,000 AZN
• New insurers engaged in property insurance – 5,000,000 AZN
• Insurers engaged in life insurance – 10,000,000 AZN
• Those engaged in reinsurance activities – 20,000,000 AZN
• Credit bureau – 2,000,000 AZN

This information is mainly important for investors and legal entities wishing to operate in larger areas of activity.

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