Study of Small and Medium Enterprises in Azerbaijan - IFC

the local tax inspectorate for registration (see Chart 3.6). The one-stop-shop has also
introduced the possibility for opening a bank account by the tax office online, and
therefore removed the requirement of obtaining and returning the notification form to
the tax office by the bank or entrepreneur 13 . However, as was stressed in the previous
section, since online banking is applicable only to a limited number of banks, in most
cases entrepreneurs still have to obtain the notification duplicate from the tax office,
present it in person to the bank, and then return it back to the tax authorities.
Chart 3.6
Registration work
flow for individual
entrepreneurs
Consolidated
application
form
Registration
process work
flow performed
at the regional
office
Ministry of Taxes
AVIS
System
SSC
SSPF
As a result of the reform, individual entrepreneurs need to submit only three documents
to the registration office and must undergo two procedures (see Charts 3.7
and Annex 3.2) to register.
Chart 3.7
Comparison
of registration
for individual
entrepreneurs
before and after
reform
8
6
4
2
7
6
3
2
Number of
documents
Number of steps
0
Before the reform
After the reform
Since the majority of individual entrepreneurs do not usually open a permanent
bank account, in practice the process can be completed even faster than illustrated
in Annex 3.2.
13
According to the National Bank’s regulations on opening of the bank accounts, the bank must fill in the required
information and return the portions of the notification duplicate to the tax authority.
Aze r b a i j a n Bu s i n e s s En a b l i n g En v i r o n m e n t Pr o j e c t 53