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President of Azerbaijan Highlights Importance of Implementing ‘Single Window’ Principle

Business Materials 29 December 2007 16:29 (UTC +04:00)
President of Azerbaijan Highlights Importance of Implementing ‘Single Window’ Principle

Azerbaijan, Baku /corr. Trend Y.Aliyev / On 29 December the President of Azerbaijan, Ilham Aliyev, participated in the presentation of the system of implementation of the 'single window' principle (establishment of a single registration organization) in the activity of the entrepreneurs. The presentation took place at the Azerbaijani Ministry of Taxes' Department for work with Taxpayers with Special Regime.

During the presentation, President of Azerbaijan highlighted the importance of organizing effective activity of the tax services, as well as special significance of implementation of the 'single window' principle.

As a result of introduction of the 'single window', the term of registration of new enterprises will decrease from 53 days to 3 days and the number of procedures from 15 to 5. For beginning of registration of enterprises in a unified state body ('single window' principle) a common virtual basis will be established.

It was stated during the presentation that implementation of the 'single window' principle will positively affect the further improvement of the business-environment in the Country, the raking of Azerbaijan will rise. Azerbaijan will gain an opportunity to join club of states which successfully reform private sector. In 2008 it will positively affect Azerbaijan's ranking on freedom of entrepreneurship activities (Doing Business).

Some 78,000 enterprises are functioning in Azerbaijan. Some 4,000 legal entities have been registered since the beginning of the year.

During the presentation, video relations were organized with the tax services in the regions.

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