Opening a company in Azerbaijan may require significant investments and involve complex legal procedures, but that shouldn’t discourage you from pursuing your business idea. If you want to start your own business with minimal costs and without a complicated structure, the simplest option is to register as an individual entrepreneur.
Let’s take a detailed look at the process of registering an individual entrepreneur in Azerbaijan.
Who is a private entrepreneur?
An Individual Entrepreneur is a natural person officially registered to conduct business activities in Azerbaijan. This form of registration is ideal for:
• self-employed professionals (such as craftsmen, tutors, and consultants);
• small shop owners;
• online sellers and freelancers;
• service providers.
Step by step guide on individual entrepreneur registration
Step 1. Obtaining ASAN imza
To register as an individual entrepreneur in Azerbaijan, you must have an ASAN imza electronic signature.
You can obtain ASAN İmza at Taxpayer Service Centers or ASAN offices. To receive the certificate, you need to provide the required documents and an ASAN İmza SIM card. The certificate is typically issued within 1 business day.
Step 2. Preparing the Documents
To open an individual entrepreneur, you will need to submit an application form and your identification document (ID card or residence permit for foreigners).
Step 3. Registration Procedure
To complete the registration, log in to the Azerbaijan Tax Service website in the section “Tax Registration of an Individual”.
First, select your type of business activity (activity codes are available via the provided link). Next, choose the taxation system, enter your personal details (such as your registered address), and confirm your registration.
Opening bank accounts
After your application for individual entrepreneur registration in Azerbaijan is approved, you will receive a registration certificate with a unique Tax ID Number.
Once the registration is successfully completed, you must open a bank account in one of Azerbaijan’s local banks.
FAQ
Is it possible to combine individual entrepreneurship with full-time employment?
Yes, you can combine your entrepreneurial activity with a regular job under an employment contract.
How much does it cost to register as a individual entrepreneur?
Registration procedure is free, there is no state fee required.
How long does it take to register as an individual entrepreneur?
Up to 2 working days after submission of required documents.
Who can register as an individual entrepreneur in Azerbaijan?
Any legally capable citizen aged 18 or older can register as an individual entrepreneur.
Foreign citizens can also open an IE if they hold a temporary or permanent residence permit in Azerbaijan.
Can an individual entrepreneur hire employees?
Yes, an IE can hire employees, but in that case, the entrepreneur must sign employment contracts and pay all applicable taxes and mandatory contributions for each employee.
How EMZE can help you?
Clients often ask us to register a company in Azerbaijan in the shortest time, provision of full legal support and advice when choosing the type of company for running a successful business in Azerbaijan.
You can find other legal services in this field in “My Services” section.
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