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Mobile Residency coverage expanding in Azerbaijan

Business Materials 7 February 2020 14:48 (UTC +04:00)

BAKU, Azerbaijan, Feb. 7

Trend:

One more entrepreneur, Turkish businessman Koral Turkan, will start business in Azerbaijan through the Mobile Residency program provided by the Digital Trade Hub at Azerbaijan’s Center for Analysis of Economic Reforms and Communication, Trend reports referring to the center.

Turkish citizen Koral Turkan, having studied Azerbaijan’s investment environment, appealed to the Digital Trade Hub in order to start a new business.

Manager of the Digital Trade Hub Nijat Asadli reports that Koral Turkan, who received mobile residency, a transnational digital identity in a short time, will register a legal entity online and open a corporate bank account to start ICT activities in Azerbaijan.

Registration of a legal entity is available in three languages ​​and is completely free at www.dth.az.

Koral Turkan noted that the process is fast and convenient, adding that he will also recommend businessmen from his circle to join this program.

Electronic Residency and Mobile Residency is a government program that allows entrepreneurs around the world to set up and run a location-independent business in Azerbaijan, using all the cross-border e-services of the Digital Trade Hub of Azerbaijan.

Azerbaijan is the world’s second country, after Estonia, to offer e-Residency and the first country to offer m-Residency.

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