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Azerbaijani Taxes Ministry simplifying legal entities registration

Business Materials 22 January 2009 20:02 (UTC +04:00)

Azerbaijan, Baku, Jan. 22 / Trend , N.Ismayilova/

The Azerbaijan Taxes Ministry is working to reduce the period of registration of legal entities, Zaur Fatizade, Head of the Economic Analysis and Commercial Entities State Registration Department of the Taxes Ministry, said on Jan. 22.


"The introduction of new technologies will help us to expedite the registration. Electronic signature has not yet been introduced in Azerbaijan, but we are carrying out an intensive work to enable on-line business registration," said Fatizade.

Now, the single window registration lasts three days. With the introduction of the single window system from the beginning of 2008, the state registration period of new enterprises has decreased by 20 times to three days. The number of documents required for registration has decreased by several times. The number of procedures has declined from 15 to five.

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