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July 11, 2021

On April 3, 2019 the Law on Mediation of the Republic of Azerbaijan (the “Law”) entered into force. The Law regulates mediation as an alternative dispute resolution tool. Mediation will be applied to disputes regarding/arising from: civil law and commercial cases (including with foreign elements); family relationships; labour relationships; and administrative law relationships. The mediation...

June 17, 2021

Under the Civil Code of the Republic of Azerbaijan, there are certain differences between joint-stock companies (“JSC”) and limited liability companies (“LLC”) – the most frequently used organizational-legal forms of legal entities. In this article you can find the following differences between those two types of company:  The rights of shareholders  LLC: Each shareholder shall have...

June 17, 2021

Under the Civil Code of the Republic of Azerbaijan, the main differences between joint-stock companies (“JSC”) and limited liability companies (“LLC”) relate to capital, dealings in shares, general meetings, names, and disclosure requirements: Capital. The main differences are: There is a minimum amount of AZN 2000 or AZN 4000 for a JSC (respectively for close joint-stock...

May 7, 2021

Azerbaijan is experiencing increase in non-oil sector and in small and medium businesses. Meanwhile, in recent years lots of startups are coming up along with the co-working centers and startup incubators.  In addition, media, filmmaking, entertainment and many other new and non-energy sectors are growing incredibly fast. In such an atmosphere lots of transactions and...

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BAKU ATTORNEYS & CONSULTANTSOur office
+994 55 204 89 49
OUR LOCATIONSWhere to find us
https://batco.az/wp-content/uploads/2020/04/img-footer-map.png
Baku: +994 55 204 89 49
GET IN TOUCHBAC Social links

Copyright by BAC. All rights reserved.

Copyright by BAC. All rights reserved.