Doing Business in Azerbaijan 2009 - Azerbaijan Export ...

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14 DOING BUSINESS IN AZERBAIJAN with CIS countries are also important, primarily because of the vitality of the existing and traditional economic cooperation and relations. Demography and people. The population is evenly distributed between urban and rural areas, with 53.9% residing in towns and cities. Some 38% of the estimated three million workforce are engaged in agriculture and related activities, with 13% working in industry and construction. Azerbaijan is a positive model of peaceful co-existence of religious communities. Although predominantly Muslim, the country traditionally served as a safe haven for various ethnic groups, religions, and cultural traditions. Large communities of Christians and Jews traditionally live here. Secularism and non-involvement of the State in religious affairs is a strong local tradition entrenched by law and supported by a liberal and inclusive culture. The country is the largest and the fastest growing economy in the South Caucasus. Azerbaijan provides the best transport links, connecting South Eastern Europe with the vast regions of growing importance such as Central Asia and the Caspian Sea. An increasing number of professional shipping companies are engaged in the transportation of goods via these transport corridors during the past decade. There are extensive opportunities for tourism development due to the unique terrain and geography. Azerbaijan has a number of major natural attractions such as warm sea, mountainous resorts, mineral springs and medicinal mud recreation centres. The historical background of the country on the crossroads where civilizations met for many centuries makes it even more attractive as a place to visit and do business.
Administrative division Population, per year 2007 2008 Thousands person 8,665 8,779 Urban 53.5% 53.9% Rural 46.5% 46.1% Population density, per km2 100.0 101.3 Population in numbers Autonomous Republic 1 (Nakhchivan AR) Districts 66 Towns 77 COUNTRY INFORMATION Districts of cities 13 Settlements 258 Rural territorial division 1700 Rural settlements 4253 Capital city Baku (2.1 million) 15
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Page 31 and 32: Abundant resources Azerbaijan is ri
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Page 51 and 52: Azerbaijani law recognizes several
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Page 59 and 60: Accounting The new Accounting Law 2
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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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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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The Japanese company Tepsco and Fin
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Production and consumption of elect
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Agriculture Production of Azerbaija
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While in 1991 only 39 thousands hec
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Peak production of a number of prod
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Telecoms & IT Azerbaijani telecommu
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facilities of this satellite and ha
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Construction Legislation Pursuant t
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As market research in the field sho
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There are also opportunities for le
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agencies and investors in transport
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Business visits account for the maj
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During the year total bank assets i
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Significant works continued in 2008
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It should be noted that since 1993
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Disclosure Requirements The Civil C
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BSE turnover mln. AZN SECTORS REVIE
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Aran economic region Aran is centra
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asphalt, mineral waters, spinning a
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The region is rich in brick, bank s
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chemical industry locally. There ar
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Daglig Shirvan Sheki-Zagatala Lanka
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139 Ilan Dag mountain. Nakhchivan r
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Tel.: (+99412) 4985094 Fax: (+99412
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Tel.: (+99412)4901323; Fax:(+99412)
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Tel: + 420 246032422; Fax: + 420 24
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Tel.: (73172) 24 15 81; Fax: (73172
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Tel.: +966(1)4192382; Fax: +966(1)4
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Tel.: (99412) 4901234; Fax: (99412)
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Consultant services Tel.: (99412) 4
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This publication prepared by: AZERB
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