title_atlas__doing-business__2-entreprise_forme.html

Legal Forms of Companies

Sole proprietorship

Number of partners: 1 person
Capital (max/min): No minimum capital required.
Shareholders and liability: Limited to invested capital.

Private Limited Company

Number of partners: From one to fifty.
Capital (max/min): No minimum capital required.
Shareholders and liability: Limited to invested capital.

Public Limited Company

Number of partners: One or more.
Capital (max/min): The minimum share capital for an open JSC is at least AZN 4,000 (about USD 5,100); while for a closed JSC it is at least AZN 2,000 (about USD 2,550).
Shareholders and liability: Limited to invested capital.

General partnership

Number of partners: One or more.
Capital (max/min): No minimum capital
Shareholders and liability: Unlimited.

Limited partnership

Number of partners: Two or more.
Capital (max/min): No minimum capital required.
Shareholders and liability: The general partners have unlimited liability for the debt, and any limited partners have limited liability up to the amount of their investment.

Business Setup Procedures

Source: Doing Business - Latest available data.