Azerbaijan is a country with a stable economy and strong growth rates, making it increasingly attractive for investors. Today, more and more foreign companies are considering entering the Azerbaijani market by opening a branch or a representative office.
A branch is a separate subdivision of a foreign company that can carry out the same activities as the parent company.
Previously, we discussed in detail how to open a company in Azerbaijan. Now, let’s take a closer look at the process of branch registration in Azerbaijan.
Documents required for branch registration
To establish a branch in Azerbaijan, the following documents are required:
– Notarized application form;
– Information about the founder;
– Regulations (charter) approved by the head office establishing the branch;
– Decision of the head office on the establishment of the branch and appointment of the branch manager;
– Copy of the manager’s passport (TRP / PRP if available);
– Documents confirming the registration of the head office (charter, extract from the legal entities register, certificate of incorporation);
– Power of attorney (if the branch registration in Azerbaijan is carried out by an authorized lawyer);
– Document confirming payment of the state fee (300 AZN).
It is also important to select the appropriate activity codes for the branch.
Branch registration process in Azerbaijan
The documents must be submitted to the Tax Service of Azerbaijan for final registration of the branch. In most cases, the process takes 3–5 business days. After verification of the documents, the branch receives – a certificate of state registration (Çıxarış), approved charter, Tax ID (VÖEN).
After registration, it is also necessary to:
Obtain an ASAN Imza (electronic signature) for the branch manager;
Open a bank account with one of the local banks in Azerbaijan.
FAQ
Is it possible to open a branch without visiting Azerbaijan?
Yes, it is possible. The process can be completed remotely through an authorized representative.
Is a legal address (office) required?
Yes, it is mandatory. When submitting documents, a lease agreement or another document confirming the legal address of the branch must be provided.
How long does the registration take?
Typically, the process takes 3 to 5 business days, provided that all required documents are correctly submitted.
Can a non-resident be appointed as a branch manager?
Yes, it is possible. The branch manager can be either a citizen of Azerbaijan or a foreign national.
What is the state fee for branch registration in Azerbaijan?
According to the Law “On State Duty”,” the state fee for branch registration is 300 AZN.
How EMZE can help you?
Have you read this article but still need help opening a branch in Azerbaijan?
Clients often ask for quick company or individual entrepreneurship registration in Azerbaijan, as well as comprehensive legal support and advice on choosing the right type of company for successful business in Azerbaijan.
You can find other legal services in this field in “My Services” section.
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