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Legislative Update Newsletter - March, April, 2016

Legislative Update Newsletter | March, April, 2016

This issue lists and explains major legislative updates for the months of March and April.


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In this issue:

  • The status and powers of the Financial Markets Supervisory Body have been determined
  • Azerbaijan to accede to the United Nations Convention on Contacts for the International Sale of Goods(CISG)
  • The charters of several state authorities have been amended
  • Reforms to the Azerbaijani customs system continue
  • Visa procedures simplified
  • Structure of the Ministry of Labor and Social Protection expandedRules “On establishing lands’ electronic information system and cadastral maps” have been approved
  • E-signatures to the banking sector
  • Azerbaijani education system adopts international standards
  • Amendments to legislation on advertising
  • Amendments to the Law “On the State Registration and State Register of Legal Entities”
  • Further updates to investment legislation
  • Law “On Licenses and Permits” approved

© 2020 KPMG Azerbaijan Limited, a company incorporated under the Laws of the Guernsey, acting through its Representative Office in the Republic of Azerbaijan, a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.

The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.

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