We believe Azerbaijan’s socio-economic development is closely linked with entrepreneurship and its future development!
The next professional trainings within the framework of the “Karabakh SMEs 2026” project have been completed The provision of consulting services for entrepreneurs continues Is it necessary to obtain a license for every type of business activity? Free business trainings for entrepreneurs will be held in September Issuance of investment promotion document for strategic investment projects continues Appeals from entrepreneurs of the Lankaran-Astara Economic Region were heard Another 10 SME entities will benefit from a tax exemption Domestic market research in 10 areas will be conducted on the initiative of KOBİA For the attention of entrepreneurs operating in Astara and Lankaran cities! Another 10 SME entities have been issued "Startup" Certificates
Legal form for entrepreneurial activity 17.08.26
Legal form for entrepreneurial activity

Entrepreneurs must choose the legal form of the business before starting their activity. There are two main options here. The first is as an individual entrepreneur. In this case, the business is registered in your own name. You earn income, but the risk is also yours. You are liable even with your personal property. The second is a Limited Liability Company, or LLC for short. In this case, your risk is limited only to the amount of capital invested by you. That is, your personal property is protected. When starting entrepreneurial activity, the most commonly chosen legal form is precisely the LLC form. Along with this, other organizational and legal forms of a legal entity may also be used.







 

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