Azerbaijani businessman creates a company in Turkey with equity capital of over AZN 5 million

4 new holdings created in Azerbaijan

The State Tax Service has published a list of new enterprises registered in the country.

Two Chinese companies to reduce about 10,000 employees

Entrepreneurship Fund paid AZN 21 million of interest subsidies to entrepreneurs

From the beginning of 2022 to March 10, the Entrepreneurship Development Fund under the Ministry of Economy paid interest subsidies to entrepreneurs in the total amount of AZN 21 million within the mechanism of subsidizing loans given under governmental guarantees

Bayer ceases operations in Russia and Belarus

Pfizer decides to halt investments in Russia

American pharmaceutical company Pfizer will suspend its planned investments in Russia, but at the same time will continue to supply medicines to the country

UK blacklists 7 Russians, including Abramovich

Today, the UK has expanded sanctions against Russia and blacklisted seven more Russians.

About 100 American companies left the Russian market in 2 weeks

The sanctions imposed on Moscow since the beginning of the Russian-Ukrainian crisis have led to about 100 American giant companies leaving the Russian market in two weeks.

Abramovich puts up his real estate in London for sale

One of the richest businessmen in Russia, Roman Abramovich, has put up for urgent sale his expensive real estate in London.

Russian oligarchs call for peace

Russian oligarchs Deripaska and Friedman are calling for peace.

A billionaire lost $6 bn in one day

On the first day of Russia's military intervention in Ukraine, the wealth of the richest Russian businessmen decreased by $39 bn.

Reasons why entrepreneurs were sanctioned revealed

"Entrepreneurs are sometimes sanctioned due to technical errors”

Work of entrepreneurs to be simplified

The launch of a new version of portal e-taxes.gov.az is planned in the near future.

Fortune of Russian billionaires has decreased by $32 bn this year

The total wealth of the 23 richest Russian entrepreneurs decreased by $32 bn due to the aggravation of the situation in Ukraine

KOBIA interests in expanding ties with regions of Russian Federation

Entrepreneurs received over AZN 21 bn of income in 2021

The private business entities in Azerbaijan will receive AZN 21.6 bn of income from the sale of goods, performance of works and provision of services.

Airbus net profit increased

How do LLCs in Azerbaijan evade tax on dividends?

In Azerbaijan, limited liability companies (LLCs) change their organizational and legal form and turn into closed joint-stock companies (CJSCs)

A company with equity capital of over AZN 25 million merges with another company

Vornado LLC (TIN: 1702747831) has announced the termination of its activity and merger with Baku Hospitality Group LLC (TIN: 1702206281).

Last year's report shows Coca-Cola’s income growth

Coca-Cola has released the financial indicators for 2021.

Market value of Meta decreased

The market value of Meta has fallen to $600 bn.