LAW OF THE AZERBAIJAN REPUBLIC

of October 2, 2017 No. 796-VQD

About introduction of amendments to the Law of the Azerbaijan Republic "About state registration and the state register of legal entities"

Being guided by Item 10 of part I of article 94 of the Constitution of the Azerbaijan Republic, Millie decides Majlis of the Azerbaijan Republic:

In the Law of the Azerbaijan Republic "About state registration and the state register of legal entities" (Collection of the legislation of the Azerbaijan Republic, 2004, No. 1, Article 8; 2005, No. 1, Article 1, No. 8, Article 700; 2006, No. 2, Article 70; 2008, No. 2, Article 49; 2010, No. 4, Article 265; 2012, No. 1, Article 2, No. 7, Article 651; 2013, No. 12, Article 1479; 2014, No. 2, Article 78, No. 7, Article 769, No. 11, Article 1356, No. 12, Article 1526; 2015, No. 11, Article 1259; 2016, No. 4, Article 644, No. 10, Article 1606; 2017, No. 5, of Article 709, of 724) to make the following changes:

1. To exclude the words "having the qualified certificate" from Article 2.0.11.

2. At the end of Article 2.0.14 to replace point with semicolon and to add with Articles 2.0.15 and 2.0.16 of the following content:

"2.0.15. limited liability company with foreign investments - the limited liability company founded by the foreigner or the stateless person, and also the legal entity who underwent state registration in the foreign country;

2.0.16. electronic state registration of limited liability company with foreign investments - state registration of limited liability company with foreign investments (except for the limited liability company created as a result of reorganization) based on the statement and documents attached to it signed by the strengthened digital signature belonging to the foreigner and the stateless person and provided to relevant organ of the executive authority in electronic procedure.".

3. In Article 4.3 after the word "local" to add with the words "or foreign".

4. Exclude Article 7.1.2.

5. In Article 7.2 of the word "the foreigners who acquired the right to permanent residence in the territory of the Azerbaijan Republic" shall be replaced with words "foreigners".

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