![8.9% of registered companies - entities with 100% foreign capital](https://turan.az/resized/./turan-750-500-resize.webp)
8.9% of registered companies - entities with 100% foreign capital
In 2012, in Azerbaijan there were 5,417 commercial entities. This is 5.4% more than in 2011. Turan was the Committee said.
For the year as there were 65 799 individuals (14.2%), which will engage in entrepreneurial activities without creating a legal entity.
In the overall structure of the registration of commercial entities in 2012 only 7.6% are legal entities. For example, in Georgia, the rate in 2012 was 37.1%.
In the transition to the principle of "one stop shop" for state registration of commercial entities in the Ministry of Taxes main task was to simplify the procedures so that employers would prefer the legal type of activity. However, as claimed by the entrepreneurs themselves, they are attracted to such an individual, which established a simplified form of the financial and tax reporting.
On the sources of funding, most of the registered commercial legal entities account for local individuals - 4653 (2011 - 4298). There have been registered 483 companies with 100% foreign capital (2011 - 440). Another 124 companies established with the participation of local and foreign capital (2011 - 124). The government has set up 154 ??companies (2011 - 268). Three out of the five established companies were registered in the city of Baku. - 08B-
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- Analytics
- 18 January 2013 11:41
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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