A hotel company under liquidation in Azerbaijan

Hotel company Imişli Mehmanxana OJSC will hold the next general meeting of shareholders at 11 am on 11 February 2023.

Musk won't sell Tesla shares for 2 years

Elon Musk said that for two years he does not plan to sell shares of Tesla, which he heads,

Amazon lost $1 trillion first time in history

The stock and market value of Amazon, the world's largest e-commerce company, has fallen more than by $1 trillion from July to the present

Authorized capital of company reduced

Avtolüks Azərbaycan LLC, which sells luxury cars in Azerbaijan, has reduced its authorized capital, ABC.AZ was informed at the car company.

Musk to resign as head of Twitter in this case

Elon Musk has announced that he will leave the post of head of Twitter, which owns the social network of the same name.

Sun Food merges with A-Təchizat

Microsoft plans to buy Netflix

Microsoft Corporation is planning to acquire Netflix video service.

ASK representative: Companies in Baku sometimes have limited export opportunities

VAT payment after sale of goods can support the entrepreneur

The payment of VAT in Azerbaijan after the sale of goods, and not during customs clearance, can support an entrepreneur.

MP: Development of women's entrepreneurship should be a priority

Milli Majlis has held a plenary session.

KOBIA's proposal: To simplify import & export procedures

An event on the theme "Customs reforms: challenges &nd opportunities" has been organized in Baku.

KOBIA chairman: Entrepreneurs face difficulties in returning part of declared value

Entrepreneurs must ensure transfer of funds in exchange for goods exported through consignment to their accounts in an authorized bank of Azerbaijan for an appropriate period from the date of their announcement.

One more foreign company leaves Azerbaijani market

Another foreign company is leaving the Azerbaijani market.

Azerbaijan signs documents with this country

Provisions on creation of clusters of SMEs defined

President Ilham Aliyev has signed a decree approving "Model regulations on clusters of micro, small and medium-sized businesses".

Only these companies to be in Alat Free Economic Zone

Only those companies that will export at least 75% of their products abroad will be able to work in the Alat Free Economic Zone.

60 Swiss companies operate in Azerbaijan

Musk has lost 1st place in list of world’s richest people

Elon Musk lost the 1st place in the Real Time Billionaires ranking compiled by Forbes magazine to Louis Vuitton President Moet Hennessy (LVMH) Bernard Arnault and his family.

Currently, there are 1.168 million entrepreneurs in Azerbaijan

Currently, the private sector participates in formation of 85% of Azerbaijan's GDP, which is quite a large figure

Volume of loans given to SMEs increased by 19%

Compared with early 2022, the volume of loans given to small and medium-sized entrepreneurs in Azerbaijan increased by 19% up to AZN 5.3 bn.

Fines in field of entrepreneurship increased to 3,000 manats

Fines for violating the legislation on regulation of inspections in the field of entrepreneurship and protecting the interests of entrepreneurs in Azerbaijan are doubling.