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Azerbaijan

Azerbaijan Baku

At a glance

  • Capital

    Baku

  • Currency

    Azerbaijani Manat (₼, AZN)

  • Official Languages

    Azerbaijani (official language)

  • Population Size

    10,353,296 (2022)

  • Ease of doing business

    Very Easy

  • VAT

    0.18

About

Azerbaijan has transitioned from its Soviet past into a dynamic, energy-focused economy, driven by its vast oil reserves and natural gas resources. With the Manat as its official currency and Azeri and Russian as widely spoken languages, the country offers a multilingual and adaptable environment for business. Positioned at the crossroads of Europe, the Middle East, and Asia, Azerbaijan presents strategic opportunities for global expansion and cross-border trade.

For companies seeking to employ staff overseas, Mauve supports operations in Azerbaijan through our Employer of Record (EOR) solution. We work alongside a trusted local partner to provide compliant payroll outsourcing services, international workforce support, and guidance on local labour laws. Whether you're navigating complex tax structures or establishing a remote team, Mauve ensures smooth and compliant entry into the Azerbaijani market.