Doing Business in Azerbaijan 2009 - Azerbaijan Export ...

More documents

Recommendations

Info

90 DOING BUSINESS IN AZERBAIJAN in order to support energy efficiency and to increase the confidence of investors. Since independence, the implementation of power sector legislation has been complicated by, among other things, the absence of a state agency performing functions such as the issuance of relevant licenses, tariff regulation, and the conclusion of contracts with investors. The creation of such a regulatory agency became an urgent issue in 2001 in the light of the above mentioned developments in the power sector. A Presidential Decree “On Establishment of the Ministry of Industry and Energy of the Republic of Azerbaijan” was issued on 6 December 2004. Under this decree, the new Ministry of Industry and Energy is to assume the functions of the previous Ministry of Fuel and Energy and some of the authorities of each of SOCAR, Azerenerji and Azerigaz. Matters within the Ministry’s competence include the preparation and implementation of state policy in the fuel and energy complex, including the production, transportation and processing of oil and gas. Specifically, the Ministry prepares, negotiates, executes and oversees implementation of production sharing or other agreements on behalf of the state with respect to the development of hydrocarbon reserves in the Republic of Azerbaijan. Under the Energy Law, a foreign investor wishing to enter the power market must obtain a permit to do so and, thereafter, conclude a contract with authorized state agencies to conduct certain activities. Contractors are also required to have their business plans approved by central and local state executive authorities. As a general rule, special permissions to carry out activity in the power sector are granted and the contractors determined on a tender basis. The Electricity Law requires that individuals and legal entities must obtain special permission for conducting activities in
Production and consumption of electricity (million kWh): Years 1995 2000 2001 2002 2003 2004 2005 2006 2007 2008 Energy production 17943 20056 20612 21076 23722 24117 22348 26309 21349 20723 Import 899 1357 1642 2375 2436 2373 2082 1766 360 143 Total supply 17044 18699 18969 18701 21285 21744 22872 24543 20989 21642 Total consumption 15001 16423 17086 16317 18407 18955 20043 21655 18067 17700 Industry 4442 2671 3881 3041 4390 4998 4697 5225 4091 2979 Construction 175 36 75 25 37 87 210 360 57 153 Agriculture 2603 803 827 662 696 487 499 510 74 640 Transport 663 537 551 503 657 512 587 650 272 384 SECTORS REVIEW Household 4075 9902 10172 11139 12079 11904 12253 13795 8409 7444 Other 3043 2474 1580 947 548 967 1797 1115 5161 6100 Losses 2443 2770 2560 3834 4444 4154 4031 3775 429 Export 499 378 966 925 871 1008 880 879 726 808 91
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: The Japanese company Tepsco and Fin
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 146 and 147:
146 DOING BUSINESS IN AZERBAIJAN as
Page 148 and 149:
148 DOING BUSINESS IN AZERBAIJAN ob
Page 150 and 151:
Page 152 and 153:
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 166 and 167:
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 190 and 191:
Page 192 and 193:
Page 194 and 195:
Page 196 and 197:
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 ...

Create successful ePaper yourself

Delete template?

Save as template?