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Azerbaijan simplifies business registration for foreigners

16 June 2017 18:21 (UTC+04:00)
Azerbaijan simplifies business registration for foreigners

By Sara Israfilbayova

The Azerbaijani Ministry of Taxes has prepared a bill on registration of enterprises in the country through a strengthened electronic signature, said Samira Musayeva, the General Director of the Tax Policy and Strategic Research Department at the Ministry.

Musayeva, addressing a presentation on innovation in tax administration on June 16, said that this bill allows non-residents to register businesses in Azerbaijan without visiting the country.

"The presidential decree on the creation of digital nodes gives a number of instructions to the Ministries of Taxes, Foreign Affairs, ASAN Service and other state bodies. We must provide the opportunity to receive the electronic signature ASAN Imza in the diplomatic corps of Azerbaijan abroad. On the other hand, we must ensure that those, who have a strengthened electronic signature, get an opportunity to register enterprises in the country without visiting it. We have already submitted the corresponding bill to the Cabinet of Ministers," she said.

Musaeva noted that technical issues remain to be solved, so that diplomatic corps could provide electronic signature to non-residents.

She also added that the bill provides for amendments to existing laws, not the adoption of a separate law.

ASAN Imza (Easy signature), established by Azerbaijani's Ministry of Taxes in partnership with ASAN Service Center and Ministry of Communication and Technologies, is service that allows a client to use a mobile phone as a form of secure electronic ID.

Like the ID Card, it can be used for accessing secure e-services and digitally signing documents, but does not require an ID card reader.

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