This article delivers a current and precise overview of the typical costs involved in forming and maintaining a standard limited liability company (MMC) in Azerbaijan. Up-to-date cost figures for both company creation and ongoing compliance in 2025 are presented in detail, using the latest official and industry-sourced data.
Average Costs for Company Formation (2025)
The standard entity type for most new businesses in Azerbaijan is the MMC (Məhdud Məsuliyyətli Cəmiyyət, or Limited Liability Company). The table below outlines the primary expenses you can expect when setting up an MMC this year.
| Cost Item | Amount (AZN) | Amount (USD) (1 AZN ≈ $0.59 USD) |
|---|---|---|
| State registration fee (electronic) | 11 AZN | $6.50 |
| Notary fees (document certification, power of attorney, etc.) | 30 AZN | $17.70 |
| Legal address service (average) | 50 AZN | $29.50 |
| Lawyer/consultant service (average) | 29 AZN | $17.20 |
| Total average formation cost | 120 AZN | $71.00 |
Note: The above exchange rate is based on 1 AZN ≈ $0.59 USD. Please check current rates for precise conversions. Costs may vary slightly depending on the service providers chosen.
Annual Maintenance Expenses
Annual upkeep for an MMC primarily covers compliance, administrative support, and reporting obligations. The following table summarizes the range and key components for maintaining a standard business in Azerbaijan in 2025.
| Cost Component | Annual Amount (AZN) | Annual Amount (USD) |
|---|---|---|
| Mandatory accounting services (minimum) | 300 AZN | $177.00 |
| Legal address renewal (if using a service) | 50 AZN | $29.50 |
| Tax declaration filing (if outsourced) | 100 AZN | $59.00 |
| Optional legal support (average) | 100 AZN | $59.00 |
| Other administrative fees (bank account, misc.) |
50 AZN | $29.50 |
| Total annual range | 300–800 AZN | $177–$472 |
The mandatory accounting service fee accounts for the major share of annual spending for most MMCs. Additional services depend on the level of support required and whether functions are managed internally or outsourced.
Key Sources for Regulatory Information
Pro Tips: Keeping Company Costs Optimized in Azerbaijan
- Consider using electronic registration for MMC setup; this is the most cost-efficient and streamlined approach currently available.
- Audit your actual need for annual legal address and legal support services—opt for bundled services only if truly beneficial for your business structure.
- Outsourcing accounting and tax declaration can reduce the risk of non-compliance while keeping costs competitive in this market.
- Always verify all service fees upfront and request service invoices in AZN to avoid unfavorable currency conversion charges from international providers.
In summary, forming an MMC in Azerbaijan can be accomplished with a relatively modest initial outlay, averaging 120 AZN ($71). Annual company maintenance falls between 300 and 800 AZN ($177–$472), with accounting making up the largest single recurring cost. Efficient use of electronic registration and selective outsourcing keeps compliance straightforward and cost-predictable. For regulatory updates and procedures, always refer directly to the official Azerbaijan Ministry of Taxes homepage. When planning your business structure, keep these foundational costs and typical compliance elements in view to ensure your operations remain both legal and cost-effective throughout the year.