What areas of entrepreneurial activity should be licensed?

19 February 20230

There are a number of types of entrepreneurial activity, for which you must obtain certain permits - licenses. In this article, we will talk about certain specific types of entrepreneurial activity that must be licensed.

The areas of activity mentioned below must be licensed in accordance with the legislation of the Republic of Azerbaijan. You can get a complete list of areas of activity that require a license from the link we mentioned at the end of the article.

 

Education activities of enterprises

The Ministry of Education issues licenses for this type of activity. Regardless of the form of education, all types of educational institutions must obtain a license.

 

Banking activity, non-bank credit and insurance organizations

Entrepreneurs who want to engage in this type of activity within the framework of the legislation must have the minimum capital specified in the law, etc. must fulfill such requirements. The Ministry of Finance deals with insurance organizations, and the Central Bank deals with licensing of banking activities and non-bank credit organizations.

 

Medical and pharmaceutical activities

The Ministry of Health issues licenses for this type of activity.

 

Communication services

IP-telephony, express mail service, wireless phone, etc. Entrepreneurs who want to provide such communication services should apply to the Ministry of Digital Development and Transport to get a license.

Along with these areas of activity, stock exchange and investment activity, private security activity, sale of oil and gas products, etc. areas of activity such as To see the full list to this link you can switch.

 

Macis Consulting as a company, we provide a number of services to business owners who want to operate both as an individual entrepreneur and as a legal entity. Our company has been providing its business partners with both forms of business creation, accounting services, audit and legal process services for years. Contact us get all the accounting, financial and legal services your business needs.

 

ALSO READ: What should be considered while preparing quarterly tax statements?

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We work for you
Development is inevitable
Our mission is to help entrepreneurs who want to develop their business, protect it from external influences, and ensure the success and sustainability of their future activities in the areas we are professionals.
Our offices
Where are we?
https://www.macisconsulting.az/wp-content/uploads/2020/04/img-footer-map.png
Baku
Just a click away
We on social media
You can get useful information for your business by following our social media accounts.

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