Legislation

Laws, decrees, orders and other normative legal acts adopted in 2022 on SMEs and startups in Azerbaijan

  • The President of the Republic of Azerbaijan approved the law dated February 9, 2022 "On Amendments to the Law on Suspension of Inspections in the Field of Entrepreneurship". According to the law, inspections conducted in the field of entrepreneurship in the territory of the Republic of Azerbaijan will be suspended for another year, is stopped until January 1, 2023. 
  • The new Law on Enterprises, which will enter into force at the end of 2022, is designed to expand the financing and development tools of the startup sector, innovation and technology industry, and to involve the private sector in these processes. The capital of the new fund is 11.3 million manats and was formed at the expense of equity investments of five million each of the two co-founders, including 1.3 million manats provided by several private investors. Based on the analysis of the incubation and acceleration programs implemented in the country, it is planned that the Fund will invest in about 150 local and regional startups in the next 7 years. Priority is given to innovative areas in the finance, education and agriculture sectors, as well as cloud technologies, retail, e-commerce and the gaming industry.
  • The removal of the words "state fee and other" from paragraph 7.5 of the "Charter of the Small and Medium Business Development Agency of the Republic of Azerbaijan" of the President of the Republic of Azerbaijan on April 5, 2022 was approved.
  • Ali Asadov, Prime Minister of the Republic of Azerbaijan, Baku, May 4, 2023. On the approval of the Cabinet of Ministers of the Republic of Azerbaijan "List of subordinate institutions not included in the structure of the Ministry of Digital Development and Transport of the Republic of Azerbaijan" and the cancellation of some decisions of the Cabinet of Ministers of the Republic of Azerbaijan, 2018 292, dated July 12, 2021, amending the decisions No. 21, dated January 29, 2021, "About the approval of the Rules for maintaining an open registry of innovative projects for the public and issuing the "Startup" passport" and "National Nuclear Research Center" Closed On the annulment of Decision No. 382 dated December 3, 2014, on the approval of the Charter and structure of the Joint Stock Company

    DECISION OF THE CABINET OF THE REPUBLIC OF AZERBAIJAN

    According to paragraph 5.10 of the Decree No. 1464 of the President of the Republic of Azerbaijan dated October 11, 2021 "On some measures related to the improvement of management in the field of digitization, innovation, high technologies and communication in the Republic of Azerbaijan", the Cabinet of Ministers of the Republic of Azerbaijan decides:

    1. Resolution of the Cabinet of Ministers of the Republic of Azerbaijan No. 292 dated July 12, 2018 "On approving the list of subordinate institutions not included in the structure of the Ministry of Digital Development and Transport of the Republic of Azerbaijan" and canceling some decisions of the Cabinet of Ministers of the Republic of Azerbaijan (Legislative Collection of the Republic of Azerbaijan , 2018, No. 7 (Book II), Article 1626; 2021, No. 11, Article 1276; 2022, No. 4, Article 425, No. 5, Article 555, No. 9, Article 1092, No. 10, Article 1226) the following changes should be made :

    1.1. Add part 3 as follows:

    "3. Amendments to this Decision can be made in accordance with clause 2.6-1 of the "Regulation on the Procedure for the Preparation and Adoption of Normative Legal Acts of Executive Power Bodies" approved by Decree No. 772 of the President of the Republic of Azerbaijan dated August 24, 2002.";

    1.2. According to the "List of subordinate institutions not included in the structure of the Ministry of Digital Development and Transport of the Republic of Azerbaijan" approved by that Decision:

    1.2.1. The 11th and 13th parts should be given in the following redaction:

    "11. "Innovation and Digital Development Agency" public legal entity.

    13. "Information Communication Technologies Agency" public legal entity.";

    1.2.2. Sections 4, 14 and "Note" should be deleted.

    2. "Regulations for maintaining an open register of innovative projects for the public and issuing a "Startup" passport" approved by Resolution No. 21 of the Cabinet of Ministers of the Republic of Azerbaijan dated January 29, 2021 (Legislative Collection of the Republic of Azerbaijan, 2021, No. 1, Article 104) In paragraph 2.1, the words "Innovations under the Ministry of Transport, Communications and High Technologies" should be replaced by the words "Innovation and Digital Development under the Ministry of Digital Development and Transport".

    3. Resolution No. 382 of the Cabinet of Ministers of the Republic of Azerbaijan dated December 3, 2014 "On approval of the Charter and structure of the "National Nuclear Research Center" Closed Joint Stock Company (Legislative Collection of the Republic of Azerbaijan, 2014, No. 12, Article 1660; 2016, No. 3 , Article 585; 2019, No. 4, Article 756, No. 5, Article 948; 2020, No. 5, Article 653) should be repealed.

  • Chairman of the board, Minister of Finance of the Republic of Azerbaijan, Samir Sharifov, December 15, 2023, "Regulation of synthetic accounting on the basis of the memorial warrant form in accordance with the International Standards of Financial Reporting, International Standards of Financial Reporting for Small and Medium Business Entities and International Standards of Accounting for the Public Sector "On the approval of" on amending the Decision No. Q-02 dated January 18, 2016 of the Board of the Ministry of Finance of the Republic of Azerbaijan

    Guided by Clause 7.11 and Part 21 of the "Regulation on the Ministry of Finance of the Republic of Azerbaijan" approved by Decree No. 48 of the President of the Republic of Azerbaijan dated February 9, 2009, "On amending the Law of the Republic of Azerbaijan "On Accounting"" Azerbaijan In order to ensure the implementation of the 3rd part of the Decree of the Cabinet of Ministers of the Republic of Azerbaijan dated August 22, 2023 numbered 691s "On ensuring the implementation of the Law No. 955-VIQD of the Republic of Azerbaijan dated July 6, 2023", the Board of the Ministry of Finance of the Republic of Azerbaijan decides:
    1. Memorial warrant in accordance with "International Standards of Financial Reporting, International Standards of Financial Reporting for Small and Medium-sized Business Entities and International Standards of Accounting for the Public Sector" approved by Resolution No. Q-02 dated January 18, 2016 of the Board of the Ministry of Finance of the Republic of Azerbaijan "and the Central Bank of the Republic of Azerbaijan" should be added after the words "credit institutions" in paragraph 1.2 of the Rule on synthetic accounting based on the form.
    2. The Accounting Policy Department of the Office of the Ministry of Finance of the Republic of Azerbaijan should be instructed to ensure that this Decision is submitted to the Ministry of Justice of the Republic of Azerbaijan for inclusion in the State Register of Legal Acts of the Republic of Azerbaijan within 3 days.

  • Ali Asadov, Prime Minister of the Republic of Azerbaijan, Baku, November 27, 2023, on amending Decree No. 706 of the President of the Republic of Azerbaijan dated September 5, 2012 "On ensuring the activities of the State Agency for Citizen Service and Social Innovations under the President of the Republic of Azerbaijan" DECREE OF THE CABINET OF MINISTERS OF THE REPUBLIC OF AZERBAIJAN on ensuring the implementation of Decree No. 2352 of the President of the Republic of Azerbaijan dated November 15, 2023 "On ensuring the activities of the State Agency for Citizen Service and Social Innovations under the President of the Republic of Azerbaijan" of the President of the Republic of Azerbaijan September 5, 2012 "On Amendments to Decree No. 706" of the President of the Republic of Azerbaijan dated November 15, 2023 No. 2352 1. Ministry of Justice of the Republic of Azerbaijan, Ministry of Science and Education of the Republic of Azerbaijan, State Agency for Citizen Services and Social Innovations under the President of the Republic of Azerbaijan and by agreeing with other relevant state bodies (legal entities of the state) to be determined in the implementation process, normative legal acts of the Cabinet of Ministers of the Republic of Azerbaijan "On ensuring the activities of the State Agency for Citizen Service and Social Innovations under the President of the Republic of Azerbaijan" of the President of the Republic of Azerbaijan 5 of 2012 to submit his proposals to the Cabinet of Ministers of the Republic of Azerbaijan within two months on the amendment of the Decree No. 706 of September 2023" to the Decree No. 2352 of the President of the Republic of Azerbaijan dated November 15, 2023 (hereinafter - the Decree). 2. In order to ensure the implementation of the Decree, the central executive power bodies shall take measures arising from the normative legal acts within their powers to ensure the implementation of the Decree, and submit information about the absence of normative legal acts or proposals to the Ministry of Justice of the Republic of Azerbaijan, and when the implementation situation requires, the Ministers of the Republic of Azerbaijan Let them inform their cabinet. 3. The Ministry of Justice of the Republic of Azerbaijan shall ensure that the normative legal acts of the central executive authorities and acts of a normative nature are adapted to the Decree, and inform the Cabinet of Ministers of the Republic of Azerbaijan about this within four months. 4. The implementation of this Order should be entrusted to the Legal and Legislative Department of the Office of the Cabinet of Ministers of the Republic of Azerbaijan. 5. This Decree enters into force on the day of its signing.

  • Chairman Ulvi Mehdiyev, September 25, 2023 State Agency for Service to Citizens and Social Innovations under the President of the Republic of Azerbaijan, approved by the Decision No. 9/14-05 dated October 4, 2013 "On Service to Citizens and Social Innovations under the President of the Republic of Azerbaijan On amending the Regulation on the Finance and Security Department of the State Agency"                                    On amending the Law of the Republic of Azerbaijan "On the National Archive Fund" on the implementation of the Law of the Republic of Azerbaijan No. 574-VIQD dated June 29, 2022 and "On the National Archive Fund" Republic of Azerbaijan "On Amendments to Decree No. 168 of the President of the Republic of Azerbaijan dated July 27, 1999" on Implementation of Decree No. 1812 of the President of the Republic of Azerbaijan dated August 18, 2022" of the Cabinet of Ministers of the Republic of Azerbaijan August 24, 2022 4.1.9 of the "Regulation on the State Agency for Service to Citizens and Social Innovations under the President of the Republic of Azerbaijan" approved by Decree No. 706 of the President of the Republic of Azerbaijan dated September 5, 2012 in order to ensure the implementation of Part 5 of Decree No. 544s dated and 5.5.3, the State Agency decides: 1. 1. The Chairman of the State Agency for Service to Citizens and Social Innovations under the President of the Republic of Azerbaijan approved by Resolution No. 9/14-05 dated October 4, 2013 "President of the Republic of Azerbaijan in addition, in subsection 2.1.8 of the Regulation on the Finance and Security Department of the State Agency for Service to Citizens and Social Innovations, the word "maintenance" should be replaced by the word "protection". 2. The legal assurance department shall ensure that this Decision is submitted to the Ministry of Justice of the Republic of Azerbaijan for inclusion in the State Register of Legal Acts of the Republic of Azerbaijan within 3 days from the date of adoption. 3. The public relations department shall ensure that this Decision is placed in the official internet information reserve of the State Agency after its publication in the State Register of Legal Acts of the Republic of Azerbaijan.

  • Chairman of the board Ulvi Mehdiyev, April 5, 2023 Rules of activity regulation and behavior in "ASAN service" centers of the Board of the State Agency for Citizen Service and Social Innovations under the President of the Republic of Azerbaijan, "State regulations related to information systems, information resources and electronic services 1/1 dated June 6, 2013, "On the approval of the Rules for providing an opinion on the appropriateness of the projects (proposals) presented by the institutions" and "On the approval of the "Working Rules of the meetings of the Board of the State Agency for Citizen Service and Social Innovations under the President of the Republic of Azerbaijan" No. 03, "On the approval of administrative regulations on electronic services provided by the State Agency for Citizen Service and Social Innovations under the President of the Republic of Azerbaijan" No. 1/1-05 dated March 5, 2014, "On the approval of electronic services, information resources and on the approval of the "Rules for the Evaluation of State Information Systems" dated November 4, 2016 No. 1/1-07" executive authorities, state-owned legal entities whose shares (shares) are controlled by the state, rules for registration of electronic services provided by public legal entities created on behalf of the state" and "Central and local executive authorities, state-owned and whose shares (shares) ) on approval of requirements for the organization and provision of electronic services by state-owned legal entities, public legal entities created on behalf of the state" dated January 11, 2019 No. 190102500003              "Improving management in the field of electronic government and Azerbaijan Decree of the President of the Republic of Azerbaijan No. 706 dated September 5, 2012 "On ensuring the activities of the State Agency for Citizen Service and Social Innovations under the President of the Republic of Azerbaijan", "On some measures related to digital development and improvement of management in the field of transport in the Republic of Azerbaijan" of 2018 No. 1785 dated January 12, "On measures related to the development of electronic government and transition to digital government" No. 1885 dated March 14, 2018 and approval of "Rules for the formation, management, integration and archiving of state information resources and systems" and the approval of electronic government on some related measures" on amendments to decrees No. 263 dated September 12, 2018" on ensuring the implementation of Decree No. 1887 of the President of the Republic of Azerbaijan dated November 24, 2022" No. 758s of the Cabinet of Ministers of the Republic of Azerbaijan dated December 19, 2022 Clauses 5.8 and 5.9 of the "Regulation on the State Agency for Service to Citizens and Social Innovations under the President of the Republic of Azerbaijan" approved by Decree No. 706 of the President of the Republic of Azerbaijan dated September 5, 2012, in order to ensure the implementation of Part 5 of the Order Basically, the Board decides: 1. Rules of regulation and conduct of activities in "ASAN service" centers", "Rules of providing an opinion on the appropriateness of projects (proposals) submitted by state institutions related to information systems, information resources and electronic services" and "Rules of the Republic of Azerbaijan The following changes should be made in the decision No. 1/1-03 dated June 6, 2013 of the Board of the State Agency for Citizen Service and Social Innovations under the President of the Republic of Azerbaijan on the approval of the working rules of the meetings of the Board of the State Agency for Service to Citizens and Social Innovations under the President of the Republic of Azerbaijan :1.1. from the name of the decision, the words "Rules for providing an opinion on the appropriateness of the projects (proposals) submitted by state institutions related to information systems, information resources and electronic services"; 1.2. Part 3 of the decision should be annulled. 2. "On the approval of administrative regulations on electronic services provided by the State Agency for Citizen Service and Social Innovations under the President of the Republic of Azerbaijan" No. 1/1-05 dated March 5, 2014 of the Board of the State Agency for Citizen Service and Social Innovations under the President of the Republic of Azerbaijan Clause 1.1 of the decision should be canceled. 3. On approval of "Rules for evaluation of electronic services, information resources and systems in state institutions" A

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