Doing Business in Azerbaijan 2009 - Azerbaijan Export ...

More documents

Recommendations

Info

146 DOING BUSINESS IN AZERBAIJAN assisting them in the first steps, like analyzing market potential, searching for business partners and looking for qualified employees. The DAWF also receives inquiries from Austria, Switzerland and other European Countries. The successful co-operation with the Ministry of Economic Development, the Azerbaijan Export and Investment Promotion Foundation (AZPROMO) and many other Ministries contribute to a professional exchange of information. The DAWF actively informs the business community in Germany about business opportunities in Azerbaijan. No matter whether you come to life and work in Azerbaijan or simply as a guest, you will enjoy many unique hospitable moments on an old by-road of the ancient Silk Road. In Azerbaijan, you can traverse cultures from (Central) Asia to (Western) Europe within a couple of kilometers and from modern times of Globalization to medieval and ancient times of history. Between the Caucasus and the Caspian you will encounter a young country opening up to the global economy, with the currently highest GDP growth rate in the world. You will find beautiful and diverse landscapes, wonderfully peculiar sights like mud volcanoes and candy-cane colored mountains, and, most importantly, friendly, hospitable, open-minded and tolerant people keen on making your stay in Azerbaijan enjoyable. Khosh Gelmishsiniz! —Florian Schroeder Managing Director German-Azerbaijani Business Association (DAWF) schroeder@dawf.com
Labour market One of the major comparative advantages for selecting Azerbaijan as a place to do business with is its competitive labour market. The total workforce in Azerbaijan accounts for approximately 5.6 million people. The literacy level of circa 98% and number of people with higher and professional education (exceeding 1.2 million) undoubtedly add up to the point of Azerbaijan being an extremely competitive employment market. Azerbaijani labour is multilingual. Apart from Azerbaijani one can expect a local employee to speak Russian and Turkish. Azerbaijan is also one of the most successful examples of how English is spreading in the working environment. English is slowly but surely becoming the “office” language at least in Baku. There are 44.4 thousand officially registered unemployed with apparently more unemployment being unregistered by statistic authorities. Visas & Work Permits In order to enter Azerbaijan a foreigner normally should obtain a visa. There are few categories of nationals with different visa regime. CIS country nationals (apart from Turkmenistan) do not require a visa. In order to enter Azerbaijan they need to present at the border a valid passport. All the other nationals will need a visa. Visas are obtainable at the Azerbaijani Embassies and Consulates abroad (see the list of Azerbaijani Embassies abroad further in this publication). There is a back up mode of obtaining a visa at Baku Heydar Aliyev, Ganja and Nakhchivan International Airports. There is a visa section at the all three International Airports. The visa one may GENERAL INFORMATION Azerbaijan’s labor market Years 2003 2004 2005 2006 2007 2008 Employed, ths 3,747 3,817 3,850 3,973 4,014 4056 Average wage in AZN 76.61 96.68 117.9 141,3 214.0 274.4 Registered unemployed 54,365 55,945 56,343 53,862 50,651 44,481 147
Page 3:
DOING BUSINESS IN AZERBAIJAN 2009 A
Page 6:
“During recent five years, the ec
Page 9:
OVERVIEW OF THE REGIONS 127 Abshero
Page 12 and 13:
12 DOING BUSINESS IN AZERBAIJAN Coa
Page 14 and 15:
14 DOING BUSINESS IN AZERBAIJAN wit
Page 16 and 17:
16 DOING BUSINESS IN AZERBAIJAN Aze
Page 18 and 19:
18 DOING BUSINESS IN AZERBAIJAN Nob
Page 20 and 21:
Heydar Aliyev, President of the Rep
Page 22 and 23:
22 DOING BUSINESS IN AZERBAIJAN “
Page 24 and 25:
24 DOING BUSINESS IN AZERBAIJAN For
Page 26 and 27:
26 DOING BUSINESS IN AZERBAIJAN
Page 29 and 30:
2009 DOING BUSINESS IN AZERBAIJAN 2
Page 31 and 32:
Abundant resources Azerbaijan is ri
Page 33 and 34:
The Government will continue the po
Page 35 and 36:
places in the ranking, the biggest
Page 37 and 38:
of documents produced and executed
Page 39 and 40:
the JSC only to the extent of their
Page 41 and 42:
esponsible for its obligations. Lik
Page 43 and 44:
• Ownership and other property ri
Page 45 and 46:
government agency entrusted to exer
Page 47 and 48:
labour duties when no notice is req
Page 49 and 50:
Overtime and work during days-off (
Page 51 and 52:
Azerbaijani law recognizes several
Page 53 and 54:
Currency regulation & repatriation
Page 55 and 56:
Residents can export hard currency
Page 57 and 58:
on cars, buses and trucks depending
Page 59 and 60:
Accounting The new Accounting Law 2
Page 61 and 62:
As mentioned above separate chart o
Page 63 and 64:
utility models, trademarks, and geo
Page 65 and 66:
Rights to computer programs, databa
Page 67 and 68:
elating to administrative offences;
Page 69 and 70:
• an award contravenes legislatio
Page 71 and 72:
economy such as transport, communic
Page 73 and 74:
Interest and penalties Breach* Fine
Page 76 and 77:
76 DOING BUSINESS IN AZERBAIJAN
Page 79 and 80:
2009 DOING BUSINESS IN AZERBAIJAN 7
Page 81 and 82:
of Azer baijan’s total reserves).
Page 83 and 84:
17, 2003. Following that the Presid
Page 85 and 86:
whatsoever in respect of their oil
Page 87 and 88:
Minerals & mining Apart from major
Page 89 and 90:
The Japanese company Tepsco and Fin
Page 91 and 92:
Production and consumption of elect
Page 93 and 94:
Agriculture Production of Azerbaija
Page 95 and 96: While in 1991 only 39 thousands hec
Page 97 and 98: Peak production of a number of prod
Page 99 and 100: Telecoms & IT Azerbaijani telecommu
Page 101 and 102: facilities of this satellite and ha
Page 103 and 104: Construction Legislation Pursuant t
Page 105 and 106: As market research in the field sho
Page 107 and 108: There are also opportunities for le
Page 109 and 110: agencies and investors in transport
Page 111 and 112: Business visits account for the maj
Page 113 and 114: During the year total bank assets i
Page 115 and 116: Significant works continued in 2008
Page 117 and 118: It should be noted that since 1993
Page 119 and 120: Disclosure Requirements The Civil C
Page 121 and 122: BSE turnover mln. AZN SECTORS REVIE
Page 124 and 125: 124 DOING BUSINESS IN AZERBAIJAN
Page 127 and 128: 2009 DOING BUSINESS IN AZERBAIJAN 1
Page 129 and 130: Aran economic region Aran is centra
Page 131 and 132: asphalt, mineral waters, spinning a
Page 133 and 134: The region is rich in brick, bank s
Page 135 and 136: chemical industry locally. There ar
Page 137 and 138: Daglig Shirvan Sheki-Zagatala Lanka
Page 139: 139 Ilan Dag mountain. Nakhchivan r
Page 142 and 143: 142 DOING BUSINESS IN AZERBAIJAN Li
Page 144 and 145: 144 DOING BUSINESS IN AZERBAIJAN Cu
Page 148 and 149: 148 DOING BUSINESS IN AZERBAIJAN ob
Page 154 and 155: 154 DOING BUSINESS IN AZERBAIJAN sw
Page 156 and 157: 156 DOING BUSINESS IN AZERBAIJAN to
Page 158 and 159: 158 DOING BUSINESS IN AZERBAIJAN mu
Page 160 and 161: 160 DOING BUSINESS IN AZERBAIJAN do
Page 162 and 163: 162 DOING BUSINESS IN AZERBAIJAN po
Page 164 and 165: 164 DOING BUSINESS IN AZERBAIJAN El
Page 169 and 170: 2009 DOING BUSINESS IN AZERBAIJAN 1
Page 171 and 172: Tel.: (+99412) 4985094 Fax: (+99412
Page 173 and 174: Tel.: (+99412)4901323; Fax:(+99412)
Page 175 and 176: Tel: + 420 246032422; Fax: + 420 24
Page 177 and 178: Tel.: (73172) 24 15 81; Fax: (73172
Page 179 and 180: Tel.: +966(1)4192382; Fax: +966(1)4
Page 181 and 182: Tel.: (99412) 4901234; Fax: (99412)
Page 183 and 184: Consultant services Tel.: (99412) 4
Page 185: 185 Face Pattern of the Momine Khat
Page 188 and 189: 188 DOING BUSINESS IN AZERBAIJAN An
Page 196 and 197:
196 DOING BUSINESS IN AZERBAIJAN An
Page 198 and 199:
Page 200 and 201:
Page 202 and 203:
Page 204 and 205:
Page 206 and 207:
Page 210:
This publication prepared by: AZERB
show all

Doing Business in Azerbaijan 2009 - Azerbaijan Export ...

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?