The payment of a state fee is not required for the implementation of electronic state registration of a commercial legal entity (limited liability company). There exists opportunity to pay electronically the state fee required for paper-based state registration of a commercial legal entity (limited liability company).
https://gpp.az/WebPortal/Unregistered/Sc/980100/Category/1
If the paper-based application for the state registration of commercial legal entities, branches and representative offices of foreign commercial legal entities is submitted, the following state fees and costs should be paid (300 manats for the registration of banks, stock exchanges, insurers, insurance associations and brokers, representative offices and branches of foreign legal entities, 5 manats for legal entities engaged in the field of agriculture, 15 manats for the registration of other legal entities - Article 20 of the Law of the Republic of Azerbaijan "On State Fees") and the costs of notarizing the application (3 manats for each signature).
Information on the state fees and other requirements and documents necessary for state registration of commercial legal entities, as well as representative offices or branches of foreign commercial legal entities, are provided in the Laws of the Republic of Azerbaijan "On State Fees", "On State Registration and State Register of Legal Entities", when everyone has online access to those Laws. As is obvious, the Internet information resource of the State Tax Service highlights various instructions, uniform standards, rules, required application and document samples in this field.
Link:
https://www.taxes.gov.az/en/page/nizamname-esasname-qerar-numuneleri
https://www.taxes.gov.az/uploads/2022/qeydiyyat/VahidStandartlar.html
Information and documents highlighted in the online information resources are regularly updated, and currently the latest information is presented according to the requirements of the legislation.
If the paper-based application for the state registration of commercial legal entities, branches and representative offices of foreign commercial legal entities is submitted, the following state fees and costs should be paid (300 manats for the registration of banks, stock exchanges, insurers, insurance associations and brokers, representative offices and branches of foreign legal entities, 5 manats for legal entities engaged in the field of agriculture, 15 manats for the registration of other legal entities - Article 20 of the Law of the Republic of Azerbaijan "On State Fees") and the costs of notarizing the application (3 manats for each signature).
No state fee is required for electronic state registration of limited liability companies (with local and foreign investments).
Only costs for obtaining "Asan Imza" and "Electronic Signature" should be paid (18 Azeri manats).
Costs for paying the amount of the minimum authorized capital provided in the legislation for the establishment of commercial legal entities should be also considered among costs.
There is no requirement for the minimum amount of authorized capital for limited liability companies and cooperatives.
However, in certain specific areas the current legislation requires paying the minimum amount of authorized capital for the establishment of legal entities. For instance, the minimum limit of the authorized capital of a joint-stock company is 2,000 manats for a closed joint-stock company, and 4,000 manats for an open joint-stock company, the minimum requirement for the authorized (joint) capital of NBFI (nonbank financial institution) established as a commercial legal entity is 300 (three hundred) thousand manats, the credit union the capital of which is not less than 4,000 (four thousand) AZN, the minimum amount of capital sufficient to consider the formation of the authorized capital of a joint-stock investment fund and the share investment fund is 500,000 (five hundred thousand) AZN, the minimum amount of the authorized capital of a legal entity (manager) that performs the management of investment funds is 125,000 (one hundred and twenty-five thousand) AZN, the minimum amount of the authorized capital for newly created banks (funds considered equal to the authorized capital for local branches of foreign banks) is 50 (fifty) million manats, the minimum amount of required capital of insurers for newly established insurers on non-life insurance activity - 5,000,000 (five million) manats; for newly established insurers on life insurance activity - 10,000,000 (ten million) manats, for newly established reinsurers on reinsurance activity - 20,000,000 (twenty million) manats, the authorized capital of the credit bureau is not less than 2 (two) million manats.
Moreover, according to the Law of the Republic of Azerbaijan "On Amendments to the Civil Code of the Republic of Azerbaijan" from December 30, 2011, Article 90.2 of the Civil Code was amended.
Pursuant to Article 90.2 of the Civil Code, in a case of Statute of a limited liability company does not stipulate the payment of authorized capital in a certain period, the founders are obliged to pay the authorized capital in full until the company is state registered. In a case of Statute of a limited liability company stipulates a period for the payment of authorized capital, this period cannot exceed three months.
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