Business in Azerbaijan

Azerbaijan, situated at the crossroads of Europe and Asia, is rapidly emerging as a hub for trade, investment, and innovation in the South Caucasus region. With a stable macroeconomic environment, strategic location, modern infrastructure, and government-backed economic reforms, Azerbaijan presents substantial opportunities for local and international businesses. Over the past decade, Azerbaijan has implemented significant structural and legal reforms to diversify its economy beyond oil and gas. Key sectors such as agriculture, tourism, logistics, renewable energy, and information technologies have received considerable government support. The establishment of industrial zones, technoparks, and free economic zones has created an attractive investment climate with incentives including tax exemptions, simplified customs procedures, and access to state-backed financing. The “Azerbaijan 2030: National Priorities for Socio-Economic Development” plan lays the foundation for sustainable and inclusive economic growth. Foreign investors can benefit from a transparent legal framework, expanding digital infrastructure, and regional integration projects like the Baku-Tbilisi-Kars railway and the Middle Corridor trade route. Entrepreneurs and SMEs are supported through business incubation programs, export promotion services, and grants. The “single-window” registration system allows businesses to be registered within a day, and legal entities benefit from simplified tax regimes and e-government tools. Azerbaijan's favorable geographical position allows companies to access markets in Europe, Central Asia, the Middle East, and the CIS countries. With its commitment to digital governance, sustainable development, and regional cooperation, Azerbaijan is a promising destination for innovation-driven enterprises, trade partnerships, and long-term investment. This section provides a comprehensive overview of doing business in Azerbaijan—from investment procedures, legal requirements, and tax regulations to market trends and government support programs. Whether you are seeking to launch a new venture, expand operations, or enter joint partnerships, our team offers strategic insights and consulting support to guide your success in Azerbaijan’s evolving business environment.