Best investment conditions in Baku,Azerbaijan

Foreign investment is directly and immediately one of the factors of reducing the economic recession in most of the global markets in the central Asian region these days and this area is currently expanding and developing.
meanwhile , other regions of the world and neighboring countries are trying to improve the poor economic situation ,Azerbaijan has a better situation.
This country is one of the main members of the Union between Russia, Armenia and Belarus, which plays an important role in this region due to the amount of customs tariffs.
In general , the success of Azerbaijan is closely related to the projects of oil, oil products and gas pipelines and related systems and related services.
in 2016, president Aliyev signed a contract to establish commercial relations in the freezone in the lIiat port area, located 65 km south of Baku.
According to the rules of customs tariffs,importers and shareholders import the equipment of the main sectors for 7 years without any tax.
Azerbaijan ranks 57th among the 190 countries in the world interms of economy according to the commercial reports of the world bank in 2018.significant improvements were made as a result of investment and protective measures for the benefit of small investors.
This developments have caused an economic boom for work in Baku,Azerbaijan.the flow of direct and immediate investment of F D i in republic of Azerbaijan has been very prosperous in recent years and is directly related to the energy distribution and production sector.
One of the priorities in the plans of the Azerbaijan government is to diversify the world economy and attract foreign investors.especially in the following sectors the government has taken special measures.
Agriculture section
road and transportation department
bulding
tourism industry
information technology
mass and group communication technology.
the Strengths of this country are as fallows:
* the cost of producing competitive products.
* competent staff with low salaries.
* Potential oil and gas fuel potentials in caspian sea.
* The main and potential exporter of fuel and gas to turkey compared to European contries.
* the country that connects china to european countries and the develipment of transport routes and transport routes with Iran , Turkey and Georgia.
* has capital and movable and immovable property in the field of fossil fuels , oil and gas products in the field of capital and oil reserves of Azerbaijan.

In recent years , work in the Republic of Azerbaijan in the field of fossil fuels and oil and gas is one of the developing countries.
it is the largest and most prosperous country in all aspects of the oil and oil products and gas industry.
what factors should be considered in the field of investment in Azerbaijan.
* Having the cost of producing competitive products.
* Having competent employees with low wages.
* Weak points: potential oil and gas fuel potentials in the caspian sea.
* Lack of political stability in the remote parts of society.
* The lack of connection between the inferior areas of the society , especially with the desired areas in Armenia.
* The inefficency of the political regime and adopted policies.
* The inadequacy of the government and government officials and the slow process of reforms.
* Economic corruption and stagnation and the application of protective measures.
* dependence on the oil and gas sector and petroleum products.
* increase in risks.
* weak and inefficient banking system even in the largest banks of Azerbaijan.

Foreign investment rules in Baku

Azerbaijan is a country with many reserves and has made huge investment in the field of oil and oil products also one of the government’s priorities is foreign investment without intermediaries.
According to the theories presented in the field of economic investment ,there should be freedom and discreation to invest in any field, but democracy and economic corruption and stagnation make investment in any field more difficult.
the laws related to foreign investment in a way state all the regulations and rules of investment , capital transfer, assignment,etc.these laws derermine the amount of profit,income and loss.foreign investors can take efficient measures in several ways,which include:
* Subsidy stabilization
* Determining shares in different countries
* registration and establishment of joint stock companies and various companies.
* Conclusion of agreements and contracts.
* Foreign citizens, various organizations and institution are leased to person under special conditions but not assigned.

As a key law , foreign investment laws have been approved and stated on january 1 , 2008.The registration processes of some parties and economic groups including directors of the board of directors , official and tax official and the inspection and tax also accounting committee , will be removed.applying coercion to business officials to register the company is mandatory according to tax affairs.
The registration period of companies and commercial center is determined and carried out in 3 working days for organizations and commercial center and institutions.the government has also declared the registration of non _ commercial centers mandatory.Azerbaijan business and commercial affairs organization provides the necessary information for investment to the interested parties.
Foreign investment opportunities are as follows:
* Azerbaijan foreign trade investment and economic affairs organization.
* Economic field of Azerbaijan.
* trade of special goods in Azerbaijan.
* Development bank in the field of Asian countries.
* Azerbaijan world trade and related projects of global markets creating a target market.

Benefits of investing in Baku,Azerbaijan

* Political and economic stability
* In the last 10 years , the gross national growth and the attraction of foreign capital have doubled
* The growth of the country’s strategic foreign exchange reserve has increased 16.3 time.
* Azerbaijan’ s international debt is only 20.4 % of the country’s gross national product.
* The country’ s budget deficit was only 0.4 % in 2016.
* Azerbaijan has the best ranking in the region in terms of accreditation .
* it is 37 th competitive economy among 138 in terms W.E.F Global.
* It is active in the 65 th place according to the guide of global banks.
* Public security , good governance , political stability approved and noticed by the international organization of economists in Azerbaijan as an attractive investment destination was reported by Global 2015_ 2016 WEF.
* Since 1995 , about 220 billion us dollars have been invested in this country.

The attractive investment environment of this country

* attractive incentive schemes of this country.
* Absence of any restrictions on foreign investment.
* Not needing local content for investment
* Lack of government inspection by government officials and agents for investment.
* The existence of the main multilateral directive from the government to promote foreign investment.
* There are 47 resolution of bilateral cooperation and 51 resolutions of doubling taxes with foreign countries.
* More than 450 active government electronic services in this country.
* Basic reforms have been made to promote exports and attract investment in this country.
* Economic reforms by the president of this country in 2016 after the strategic roads conference.
* Top reforms in trade regulations in the world according to the world bank report in operation in 2009 and 2015.
* Better and improved access to the tourism industry and trade and issuance of electronic visas after the ASAN summit.
* Low government spending.
* Strengthening an open business environment and reforming government laws are set as the country’s main priorities according to the 2020 vision.
* The presence of rich mineral resources, this country has 9 of the 11 climates on the planet, from the dense forest environment to the semi – polar environment.
* Azerbaijan is an outstanding country in terms of geology and various land resources.
* The existence of oil and gas reserves as the main reserves of this country.
* The presence of metal and non – metal reserves , rare metals and organic minerals in this country.