Doing Business in Azerbaijan
Resource information
Date of publication
April 2022
Resource Language
Pages
32
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© 2022 Ernst & Young Holdings (CIS) B.V.
According to the Constitution adopted on 12 November 1995, Azerbaijan is a democratic, secular, unitary republic based on the rule of law. The country is governed by the president, who is directly elected for a seven-year term by popular vote. Azerbaijan’s vast oil reserves attract foreign investment into the country’s economy. Several major oil contracts have been signed since 1994.
