THE STATUS OF THE CASPIAN SEA IS FINALLY DEFINED

  • 12-02-2019

Since the Soviet Union ended to exist, the 5 coastal States (Azerbaijan, Iran, Kazakhstan, the Russian Federation, and Turkmenistan) could not come to the unanimous decision on the legal status and the division of the Caspian Sea and its resources.

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ONLINE COMPANY REGISTRATION FOR LEGAL ENTITIES IS NOW EASIER

  • 30-01-2019

Now more favorable conditions for online registration of legal entities are available. Thus, starting from the beginning of the current year it is possible to complete state registration (including VAT registration and bank account opening) in one procedure. The necessity to sign e-application and other procedures previously applied to the

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AZERBAIJAN MOVED TO 25 IN DB 2019 RATING

  • 31-12-2018

According to the report, which the World Bank Group publishes annually on the “ease of doing business” based on 10 indicators of life of business in 190 countries, in 2019 in the Republic of Azerbaijan the ease of starting business increased and the country moved for more than 30 positions, from 57 to 25 in the rating compared to 2018.

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FIXED TERM EMPLOYMENT CONTRACTS ARE NO MORE “FRAMED”

  • 31-05-2017

The Parliament of the Republic of Azerbaijan passed a law approving amendments to the Labor Code of the Republic of Azerbaijan. Pursuant to the amendments, the fixed-term employment contracts, that previously could not exceed 5 years’ period, now depend on the agreement between parties.

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STRATEGIC ROADMAPS ON THE NATIONAL ECONOMY APPROVED

  • 06-12-2016

Today Presidential Decree of the Azerbaijan Republic No. 1138 On approval of the Strategic Roadmaps on the national economy and on the main sectors of the economy were introduced (the Decree). The Decree aims to define the country`s development goals and priorities and ensure their implementation.

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