FDI in figures

Foreign direct investments are very important in the Republic of Azerbaijan, especially in the energy sector. The year 2004 was the most important in terms of foreign direct investments (4 billion USD). But since then, the FDI has been declining.

For more information, consult the report "Investment Climate 2008" on the website Buyusa.

Why you should choose to invest in Azerbaijan

Strong points

- Country with the fastest economic growth rate (growth rate of 24.7% in 2007)
- An interesting geographic location
- Competitive cost of production
- Cheap and qualified labor
- A very important energy sector
- Numerous bilateral treaties signed

For more information, visit the website of the Agency for the Promotion of Investment in the Republic of Azerbaijan.

Weak points

- Poor infrastructure
- Slow and corrupt administration
- Insecurity

 

For more information, consult the report "Investment Climate 2008" on the website Buyusa.

Government measures to motivate or restrict FDI

The country has signed numerous treaties to encourage FDI.
The country has also put in place a lesgislation to facilitate the creation of companies, limiting corporate taxes, and laws to protect FDI.

 

For more information and to consult the law texts, visit the website of the Agency for the Promotion of Investment in Azerbaiajan.
For more information, consult the report "Investment Climate 2008" on the website Buyusa.

Bilateral investment conventions signed by Azerbaijan

The country has signed conventions with many countries: Austria, Belgium, Bulgaria, China, Egypt, Finland, Georgia, France, Germany, Greece, Iran, etc.
To consult the list of conventions, visit the website Buyusa.

Procedures relative to foreign investment

Freedom of establishment

In theory, there is a great amount of freedom for investments, but the bureaucracy and the corruption makes investing difficult outside the energy sector, which is dominated by foreign investments.
For more information, consult the report "Investment Climate 2008" on the website Buyusa.

Acquisition of holdings

A majority holding interest in the capital of a local company is legal in Azerbaijan.

Obligation to declare

The Agency for the Promotion of Foreign Investments in the country gives information on the authorizations required for setting up a company.

Competent organization for the declaration

Agency for the Promotion of Investment in the Republic of Azerbaijan
Ministry of Taxes of the Republic of Azerbaijan (for starting a company)

Requests for specific authorizations

For certain sectors, specific authorizations are necessary.

 

For more information, consult the report "Investment Climate 2008" on the website Buyusa.
For more information, consult the website of the Agency for the Promotion of Investment in the Republic of Azerbaijan.

Finding assistance for further information

Investment aid agency

Agency for the Promotion of Investment in the Republic of Azerbaijan
Ministry of Economic Development of Azerbaijan

Other useful resources

Website of the Azerbaijani government