LLC Registration in Azerbaijan: Guide for Foreigners to start a business in Azerbaijan
A Limited Liability Company (LLC) is the most popular business form in Azerbaijan. It’s simple to set up, flexible, and perfect for both small and large businesses. If you’re thinking of starting a business in Azerbaijan, opening an LLC can be a smart choice.
In this blog, we’ll explain how to register an LLC in Azerbaijan, the benefits of this legal form, and how ASCON Consulting can help. Whether you’re a local or a foreigner, this guide will make the process clear and easy to understand.
What is an LLC in Azerbaijan?
According to Civil Code an LLC (Limited Liability Company) is a legal business type that protects the personal assets of its owners. It means the owners are not personally responsible for company debts or legal issues.
LLCs in Azerbaijan can have one or several owners. It is the best option if you want:
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Full control of your company
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Limited personal risk
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Easy tax and management structure
Why Choose an LLC to Start Your Business in Azerbaijan?
Registering an LLC in Azerbaijan offers many benefits:
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✅ Quick setup – Usually done within a few working days
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✅ 100% foreign ownership allowed
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✅ Low minimum capital – No large investment needed
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✅ Full legal protection for shareholders
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✅ Can operate in any business field, including trade, logistics, services, and more
Whether you’re opening a logistics company, a tech startup, or a consulting firm, LLC is a safe and flexible choice.
Step-by-Step Guide to Open an LLC in Azerbaijan
Let’s break down the steps to open an LLC company in Azerbaijan:
1. Choose a Company Name
Make sure the name is unique and follows Azerbaijani naming rules.
2. Prepare the Documents
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Passport copy (for foreign founders)
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Charter (Articles of Association)
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Legal address in Azerbaijan
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Director’s details
3. Translate and Notarize
Foreign documents must be translated into Azerbaijani and notarized.
4. Submit to Tax Authorities
Submit all documents to the State Tax Service for official registration.
5. Get a Tax Identification Number (TIN)
Every LLC must have a TIN to operate legally.
6. Open a Bank Account
Create a company bank account in Azerbaijan for business transactions.
7. Register for VAT (if required)
If your business turnover will exceed 200,000 AZN, you must register for Value Added Tax (VAT).
Can Foreigners Open an LLC in Azerbaijan?
Yes, foreigners can fully own an LLC in Azerbaijan. You don’t need a local partner. Foreign investors enjoy the same rights as locals when it comes to business registration and operation.
ASCON Consulting regularly helps foreign clients from Turkey, Europe, and the CIS countries open companies in Azerbaijan.
How Much Does It Cost to Open an LLC in Azerbaijan?
The cost depends on your business type, number of founders, and legal services required. In general, the total cost includes:
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Notary and translation fees
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Government registration fees
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Legal support (optional but recommended)
For an accurate quote, feel free to contact our team.
How ASCON Consulting Can Help
Our professional lawyers are experts in LLC registration in Azerbaijan. Our services include:
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📌 Name check and company registration
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📌 Drafting and notarizing company documents
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📌 Tax and bank account setup
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📌 Legal address solutions
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📌 Advice on VAT and accounting
We make the process simple so you can focus on your business.
FAQs About LLCs in Azerbaijan
Q: Can I register an LLC online in Azerbaijan?
A: Yes, some steps can be done remotely. However, notarization still requires physical presence or a power of attorney.
Q: Do I need to live in Azerbaijan to open an LLC?
A: No, you can open an LLC through a legal representative even if you’re outside the country.
Q: What is the difference between LLC and other company types?
A: LLCs offer flexibility, limited liability, and easier management compared to joint-stock companies or branches.
Q: How long does it take to register an LLC in Azerbaijan?
A: In most cases, LLC registration in Azerbaijan takes 3 to 5 working days, provided that all documents are prepared correctly. With professional assistance, the process can be even faster and smoother.
Q: What is the minimum capital required to open an LLC in Azerbaijan?
A: There is no minimum capital requirement for LLCs in Azerbaijan. However, many businesses choose to declare a symbolic amount (such as 10 AZN or more) during registration.
Q: Do I need a local address to register an LLC in Azerbaijan?
A: Yes, every LLC must have a registered legal address in Azerbaijan. If you don’t have one, consulting firms like ASCON can provide a legal address service.
Q: Can a foreign LLC hire employees in Azerbaijan?
A: Yes, after registration, your LLC can legally hire both local and foreign employees. Foreign workers must have a valid work permit and residence permit to work in Azerbaijan.
Q: Is accounting mandatory for LLCs in Azerbaijan?
A: Yes, all LLCs must maintain proper accounting records and submit regular tax reports to the government. Hiring a professional accountant or using outsourced accounting services is highly recommended.
Conclusion
Setting up an LLC in Azerbaijan is a smart move for anyone looking to start a business in this fast-growing country. With low barriers to entry, full foreign ownership, and legal protection, it’s the best way to begin your business journey.
📞 Contact ASCON Consulting today to start your LLC in Azerbaijan the right way.
👉 Also Read: Company Registration in Azerbaijan – A full overview of all company types