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Check out our blog for interesting information, tips and updates on finance, accounting, tax, business and entrepreneurship.
How is customs clearance of transit cargo carried out?

Customs clearance of transit cargo is carried out on the basis of the Customs Code of the Republic of Azerbaijan. But in what form does this legislation envisage the mentioned process? In this article, we will talk about how to carry out customs clearance of transit cargo. Customs clearance of transit goods is started after the border station informs the relevant customs authority about the goods' entry into AR. Transit cargo from the point of import to the point of export...

What forms of joint stock company exist?

What is meant by joint stock company? What forms does it have? The main feature of a joint-stock company is that it forms its authorized capital through shares. Let's talk about it. The authorized capital is a certain number of issued securities - a company divided into shares is called a joint-stock company. Each person who is a participant of a joint-stock company becomes a shareholder of the company and owns a certain number of shares. Shareholders...

The 5 Biggest Accounting Mistakes Businesses Make

The main goal of setting up any business is, of course, to make a profit, and the dream of every businessman is to make good money while setting up a business. Statistics show that only 3 out of 10 businesses that are started survive, and only 1 of them make a profit. Apparently, these results cannot satisfy the businessman. The so-called "Big Four" are the world's most...

What areas of entrepreneurial activity should be licensed?

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. The full list of areas of activity that require a license can be obtained from the link mentioned at the end of the article...

What should be considered when preparing quarterly tax reports?

There are many factors to consider when preparing quarterly tax reports so that the reports are correct and accurate. Following are the important points to pay attention while preparing the quarterly tax statements; Tax legislation must be taken into account Reports must be prepared in accordance with tax legislation. Reports that do not comply with tax laws will not be accepted, and you may even be subject to financial sanctions...

What does sole proprietorship and legal entity mean?

The concepts of "individual entrepreneurship" and "legal entity" mean two different forms of business in Azerbaijani legislation. An individual entrepreneur refers to a person who owns a business without creating a legal entity and is subject to a certain amount of tax, while a legal entity refers to a company or organization that is a legal entity. What is sole proprietorship? A sole proprietor owns or manages a business he owns...

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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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© 2023, Macis Consulting. All rights reserved.