Company Registration in Azerbaijan 2026: TRC, Business Setup & Property Investment Guide

Why Start a Business in Azerbaijan?

Today’s blog is very important, especially for those who have been asking me for a long time to explain about company formation.

How do you register a company in Azerbaijan?
How much does it cost?
What kind of business activities can you carry out through it?

This blog is for those of you who want to do business in Azerbaijan, buy land, or purchase a house. Watch until the end. Inshallah, this will be very useful for you.

How to Register a Company in Azerbaijan

Now let me explain how a company is registered in Azerbaijan and what documents are required.

For this, the only essential document is your passport. No other documents are required. You can come to Azerbaijan on any visa. If your goal is only to register a company, the type of visa does not matter. However, a business visa becomes relevant when you want to apply for TRC (Temporary Residence Card).

If you want to establish a company, you come to Azerbaijan with your passport. You also need:

• A company name
• A local phone number
• A local address

You provide these to a lawyer, who prepares the necessary documents. After your documents are notarized and submitted to the tax department, the company is usually ready within 3–4 days.

Once the company is ready, you open a company bank account, get an official stamp made, and activate the required business SIM card. If you plan to operate a business, you may also need a cash register (Kassa machine). The process for installing and activating that is longer, so I’ll explain it in another blog.

After completing these steps, you become eligible to apply for TRC.

Company Capital Requirement for TRC in Azerbaijan

The most important thing to understand is your company’s capital requirement.

Previously, you could register a company with even 10 manat as capital. If you simply want to do business in Azerbaijan and do not need TRC, then your company capital can be 10, 15, or 20 manat—it doesn’t matter.

However, if you are a foreigner and want to obtain TRC through your company, then the capital requirement is higher.

When you come to Azerbaijan from Pakistan, you normally receive a visa valid for 30 days. If you want to stay longer than 30 days, you need TRC.

To qualify for TRC through a company, your company capital must be $50,000 equivalent.

This does not mean you must immediately invest all of that money into business operations.

For example, even if opening a tourism office costs only 2,000 manat, that is separate. The main requirement is to show the government the required capital amount in your company capital account, obtain tax department approval, and then you become eligible to apply for TRC.

This capital is mainly for proof; you do not necessarily need to spend all of it at once.

So again, to register a company you need:

• Passport
• Company name
• Local phone number
• Local address

If you want TRC, you need the required capital. Otherwise, even 10 manat capital is sufficient.

Business Activities Allowed Under One Company

Another important point: one company can have up to eight business activities.

For example, if you want to do agriculture and buy land for farming, you simply add the agriculture activity code to your company.

In Azerbaijan, business activities are classified by specific numerical codes. Each business type has its own code.

If later you want to open a restaurant, your accountant can add the restaurant code. If you want to start a rent-a-car business, that code can also be added.

So on one company license, you can operate up to eight different activities. You do not need to register multiple companies. Everything can be done under one company and one stamp.

Land Ownership Rules for Foreigners in Azerbaijan

Now regarding land ownership:

A company registered in Azerbaijan exists permanently. Unlike some Middle Eastern countries, you do not need to renew the company every year or every two years.

Once your company is registered, it remains valid indefinitely.

Also, once a company name is registered in Azerbaijan, no one else can register another company with the same name.

Another major benefit is that in Azerbaijan, you can own 100% of your company as a foreigner. You do not need a local partner, unlike in some Middle Eastern countries.

If your company purchases land—whether residential or agricultural—the company becomes the legal owner of that land. Since you own the company, you effectively control that property.

If in the future you obtain Azerbaijani citizenship, ownership can later be transferred directly into your personal name.

Generally, in many countries, foreigners cannot directly own certain types of land unless they are citizens.

However, in Azerbaijan, foreigners can buy houses in their own name.

Property Residency (TRC) Through Real Estate Investment

Let me explain property ownership.

In Pakistan, when you buy a house, the plot itself is usually what is registered in your name.

In Azerbaijan, ownership is divided into two parts:

• The land
• The building/construction on the land

These are treated separately.

If you apply for property-based residency (Property TRC) by purchasing a house, the constructed property (the house itself) can be registered directly in your name without needing a company.

That property can also be used to obtain TRC.

For this, the government requires you to buy property worth at least $100,000 equivalent.

If you do not want to buy property, you may also obtain TRC by placing the same amount as a fixed deposit in a bank account.

How Families Can Get TRC Through Company Ownership

Now one more important point:

If you want TRC through a company, your company capital must meet the required threshold.

Also, one company can support TRC for two people (two families).

According to Azerbaijani law, the company owner must hold 51% shares, while 49% shares can be assigned to a director or second partner.

In this way, two individuals can obtain TRC through one company.

Both can bring their families:

• Spouse
• Children under 18
• Parents aged 65+

The TRC obtained this way falls under the business residency category.

However, if TRC is obtained through property purchase, that is called property residency, and it applies to only one family.

For example, if I obtain property-based residency, my wife, children, and parents can come with me—but another unrelated person cannot share that residency benefit.