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Number of leasing companies increases in Azerbaijan

Azerbaijan Materials 4 July 2013 10:15 (UTC +04:00)
Two leasing companies passed state registration at tax authorities in Azerbaijan in March, the register data published on Wednesday on the publication of the Ministry of Taxes of Azerbaijan - the Taxes newspaper, said.
Number of leasing companies increases in Azerbaijan

Azerbaijan, Baku, July 3 / Trend A.Akhundov /

Two leasing companies passed state registration at tax authorities in Azerbaijan in March, the register data published on Wednesday on the publication of the Ministry of Taxes of Azerbaijan - the Taxes newspaper, said.

Global Invest Leasing Ltd. with authorized capital in the amount of 10,000 manats was registered for commercial operations on March 18, and Azavtoleasing Ltd. with a capital of 100 manats was registered on March 28.

More than 20 leasing companies are officially registered in Azerbaijan, but out of these about 10 leasing companies and banks offering leasing services are actually operating.

The official exchange rate on July 3 is 0,7844 AZN / USD.

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