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Azerbaijan classifies JSC startup expenditures as domestic investments

Economy Materials 21 December 2024 12:45 (UTC +04:00)
Azerbaijan classifies JSC startup expenditures as domestic investments
Sadig Javadov
Sadig Javadov
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BAKU, Azerbaijan, December 21. An aggregate of 53 manat ($31.1) is requisite to initiate the operational framework of a limited liability company with domestic capital infusion in Azerbaijan, Trend reports via Azerbaijan's State Tax Service under the Ministry of Economy.

Per the data provided, the post-registration protocols stipulate an expenditure of 18 manat ($10.5) allocated for the acquisition of an enhanced signature pertinent to business operations, alongside a requisite 35 manat ($20.5) for the procurement of an official seal.

Furthermore, it is observed that the electronic state registration process for limited liability companies with localized investments incurs no financial obligation.

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