Since early year 208 juridical persons liquidated

During 6 months, 2013 208 commercial juridical persons were liquidated in Azerbaijan, one third of which falls to the enterprises of commerce and repair of transportations, a source from the State Statistical Committee told Turan.

Meanwhile, during 6 months 3,833 new companies and enterprises were opened in Azerbaijan and by July 1, 2013 their number reached 82,355. Number of juridical persons increased by 4.3% against the same period last year. Baku still attracts investments: 54% of new companies will work in the capital.

Majority (3,337 or 87%) of the created companies has been established by local investors. By July 1, 2013 number of companies with 100% local private capital totaled 65,278.

This year 256 companies, branch offices and representations with 100% foreign capital were registered by the Taxes Ministry. By early July 2013 the country numbered 4625 such companies. This year foreign residents established 80 joint ventures with the Azerbaijani companies. By present there are 1,535 JVs in Azerbaijan. According to the Statistical Committee, 31.7% of JV and companies with 100% foreign capital have been established jointly with Turkey, 9,9% with UK, 7.1% with Russia, 5.5% with Iran, 4.2% with US, 2.4% with Germany and etc.

1755 local self-government agencies are also considered as juridical persons.

9,162 enterprises and organizations belong to the state. This year 148 enterprises were established at the expense of state funds.

The enterprises of commerce and service of transportations  27.3% (22,500) dominate among the juridical persons. Then  come construction companies (9,100 or 11.1%), enterprises of agriculture, forestry and fishing economy (9,000 or 10.9%) and processing industry (5,300 or 6.4%).—0—