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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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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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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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124 DOING BUSINESS IN AZERBAIJAN
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2009 DOING BUSINESS IN AZERBAIJAN 1
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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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142 DOING BUSINESS IN AZERBAIJAN Li
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144 DOING BUSINESS IN AZERBAIJAN Cu
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146 DOING BUSINESS IN AZERBAIJAN as
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- 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
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