The Ministry of Taxes in the online mode for the time of service (February 1, 2012 - December 1, 2014) reported 6 698 entrepreneurs with the status of a legal entity - LLC.
In January-November this year as a whole there were registered 6446 legal entities, of which 2461 underwent e-registration, the data of the Ministry of Taxes read.
There is a tendency to reduce the rate - while last year the share of electronic registration was at 45.2%, this year it is 38.2%. Experts associate this with hopelessness and formal approach to the Ministry to the creation of private enterprises - most LLC open as one-time entities or close in up to a year after their creation. They are not given loans and they are visited by inspectors from the very commencement - illegally and without reason.
Recall the Ministry of Taxes started online registration of local limited liability companies in February 2012 in order to gain rating points in international reports on freedom of enterprise. --17D-
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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