Unofficial transfer (c) Soyuzpravoinform LLC

LAW OF THE AZERBAIJAN REPUBLIC

of May 21, 2024 No. 1155-VIQD

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

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

Article 1. In the Law of the Azerbaijan Republic "About state registration and the state register of legal entities" (Collection of Legal acts of the Azerbaijan Republic, 2004, No. 1, Article 8 (volume I) to make the following changes:

1.1. To exclude the words "and the documents attached to it" from Article 2.0.11;

1.2. In Article 2.0.16 of the word to "the foreigner and the stateless person" shall be replaced with words to "the founder (founders)", shall be replaced with words the words "and to it" "and if founder is the foreign legal entity, also to the specified statement", and at the end of this Article to replace sign of point with comma point;

1.3. Add with Articles 2.0.17 and 5.8 of the following content:

"2.0.17. Physical persons and organizations to which sanctions shall be applied are the physical persons and organizations determined by the Law of the Azerbaijan Republic "About target financial sanctions";

"5.8. Within 5 (five) working days the authorized body (organization) determined by relevant organ of the executive authority shall be informed on completely paid authorized capital during the term established by the Civil Code of the Azerbaijan Republic.";

1.4. According to Article 5-1:

1.4.1. In the third offer of Article 5-1.1 shall be replaced with words the word "which" "The founder (founders) which", and to replace the words "fills in the electronic application form by passing" with the word "shall pass "and the fourth offer of this Article to exclude;

1.4.2. State Articles 5-1.2 and 5-1.3 in the following edition:

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info