Data unveiled on registered commercial organizations with foreign investments


August 9, Fineko/ Over Jan-Jul of 2022, the number of restored legal entities increased by 21.1% (versus Jan-Jul 2021), and the number of VAT payers whose activities have intensified by 15.3%, ABC.AZ was informed at the State Tax Service under the Economy Ministry.

Of the commercial legal entities registered on 1 August of this year, 89.3% are limited liability companies (LLCs), 1.4% are joint-stock companies (JSCs), 1.2% are cooperatives, etc. 18,959 commercial organizations with foreign investments have passed state registration, and compared with 2021, the number of commercial organizations with active foreign investments increased by 21.5%.