Consulting company: Azerbaijan - island of stability and prosperity for foreign business
BAKU, Azerbaijan, May 8
By Fidan Babayeva - Trend:
The fundamental changes in labor, tax, migration and administrative legislation gave a strong impetus to increase Azerbaijan’s investment attractiveness not only for local but also for international investors, Rza Abdulazizov, expert on international cooperation of Baku Business Consulting LLC, told Trend.
"Many foreign companies have come to us with offers in the past 3-5 years to open their branches in Azerbaijan to conduct transit (trade) operations in or through Azerbaijan and for other purposes,” Abdulazizov added. “We were greatly surprised by the numerous appeals of foreign clients related to offshorization. In other words, Azerbaijan is an island of stability and prosperity for their business."
“Baku Business Consulting was included in the list of the European Bank for Reconstruction and Development related to small business development projects,” the expert added. “The bank allocated the funds to the company to support small entrepreneurship in the country within this project.”
"Baku Business Consulting LLC is funded during the year through the proceeds from the projects which are being implemented and outsourcing agreements (the process of deliberate reorganization of an enterprise’s business structure),” the expert said.
“Today, our labor protection department conducts certification of jobs in Azersu OJSC, the State Oil Company of the Azerbaijan Republic SOCAR (its numerous structures and affiliated companies), the Baku International Sea Trade Port in Alat settlement, on oil and gas platforms and others,” Abdulazizov added.
“Labor protection specialists are contributing to the development of the labor protection management system in Azerbaijan, the reports and recommendations of which play an invaluable role in the development of the country's economy," the expert said.
Baku Business Consulting LLC, founded in 2014, is a local consulting company offering its customers a wide range of services, such as accounting and tax consulting, personnel management, legal consultations (conclusions), certification of jobs in terms of working conditions at enterprises and other related business services.
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