Baku:In Azerbaijan, significant progress has been made in the development of the Consular Legalization Information System, with 85% of the technical work completed. Relevant legal documents have been prepared and submitted to the appropriate authorities, as reported by APA-Economics.
According to Azeri-Press news agency, this update was announced during a meeting of the “Business Entry” working group, led by the State Tax Service (STS). The meeting included representatives from various ministries and organizations, including the Ministry of Economy, the Ministry of Justice, and the Ministry of Foreign Affairs, as well as legal and consulting firms.
During the meeting, discussions focused on the “2026 Roadmap for Implementing Improvements and Communication” related to the World Bank Group’s Business Ready Report. Vusal Shikhaliyev provided insights into Azerbaijan’s performance in the Business Entry indicator, where the country ranked 20th among 101 countries, scoring 86 points. Despite the number of countries increasing to 163, there is optimism about continued improvements in the business environment.
Samira Musayeva discussed ongoing efforts to enhance business establishment practices using international best practices. The meeting also covered document authentication for foreign-invested legal entities, digitalization acceleration, and database integration for state registration of commercial legal entities.
Draft laws for amendments to various legal codes are under consideration by relevant authorities. Additionally, awareness and promotional activities regarding state registration reforms are underway. Participants engaged in discussions on draft laws and heard proposals from consulting firm representatives.