We are pleased to introduce our new series, designed to address key questions on important legislative topics that are particularly relevant to the business community.
The third edition of the series provides a concise overview of the recently introduced annual reporting obligation on corporate changes, highlighting the key compliance considerations. It briefly outlines the reporting scope, entities subject to the requirement, submission deadline and reporting procedure.
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The second edition of the series provides a concise overview of the new UBO disclosure requirements in Azerbaijan, highlighting the key compliance considerations. It briefly covers the definition of a UBO, the entities subject to the new requirements, the scope of the disclosure obligations, the information and documents to be submitted, the applicable deadlines and the consequences of non-compliance.
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This first edition of the series provides an overview of energy efficiency obligations for businesses in Azerbaijan, including the appointment of energy managers, the requirements for mandatory energy audits and the available exemptions from such audits. It also briefly explains the required qualifications for energy managers and the procedure for energy audits, as well as the potential administrative liability for non-compliance.
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