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DOING BUSINESS IN AZERBAIJAN 2009 A
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“During recent five years, the ec
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OVERVIEW OF THE REGIONS 127 Abshero
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12 DOING BUSINESS IN AZERBAIJAN Coa
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14 DOING BUSINESS IN AZERBAIJAN wit
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16 DOING BUSINESS IN AZERBAIJAN Aze
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18 DOING BUSINESS IN AZERBAIJAN Nob
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Heydar Aliyev, President of the Rep
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22 DOING BUSINESS IN AZERBAIJAN “
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24 DOING BUSINESS IN AZERBAIJAN For
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26 DOING BUSINESS IN AZERBAIJAN
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2009 DOING BUSINESS IN AZERBAIJAN 2
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Abundant resources Azerbaijan is ri
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The Government will continue the po
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places in the ranking, the biggest
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of documents produced and executed
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the JSC only to the extent of their
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esponsible for its obligations. Lik
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• Ownership and other property ri
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government agency entrusted to exer
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labour duties when no notice is req
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Overtime and work during days-off (
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Azerbaijani law recognizes several
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Currency regulation & repatriation
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Residents can export hard currency
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on cars, buses and trucks depending
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Accounting The new Accounting Law 2
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As mentioned above separate chart o
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utility models, trademarks, and geo
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Rights to computer programs, databa
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elating to administrative offences;
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• an award contravenes legislatio
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economy such as transport, communic
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Interest and penalties Breach* Fine
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76 DOING BUSINESS IN AZERBAIJAN
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2009 DOING BUSINESS IN AZERBAIJAN 7
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of Azer baijan’s total reserves).
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17, 2003. Following that the Presid
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whatsoever in respect of their oil
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Minerals & mining Apart from major
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- Page 119 and 120: Disclosure Requirements The Civil C
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- Page 129 and 130: Aran economic region Aran is centra
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Same as JSC, except there is no req
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Tobacco goods: production Ministry
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Auditing activities Chamber of Audi
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Fire protection on the basis of agr
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Annex 4: Double Taxation Treaties.
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The gross income of a non-resident
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Annex 6: Major products of agricult
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2004 2102.6 131.2 6.2 929.2 1068.1
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Annex 8: Consular fees for Azerbaij