Following the approval of a law On the Implementation of Special Financing for Investment Projects in Connection with Construction and Infrastructure Facilities by Azerbaijani President Ilham Aliyev on 15 March, leading law firm Dentons (a TEAS member company) has issued a client alert. The new law introduces options for the potential financing of Build-Operate-Transfer (BOT) projects, and the full alert can be read at http://bit.ly/dentonsbot.
Dentons also issued a client alert on the new law regarding licenses and permits, aimed at protecting and promoting local entrepreneurship and encouraging business transparency, which was passed on 21 April. To see this, go to http://bit.ly/dentonslicensesandpermits, and in a similar vein it issued a client alert on additional investment incentives, focusing on tax dispensations regarding the Garadagh Industrial Parkand other measures aimed at attracting foreign investment. Go to http://bit.ly/dentonsincentives to see the full text.
Furthermore, Dentons has published the tenth edition of its business guide to Succeeding in Azerbaijan, distilling the guidance emanating from more than 20 years of its Azerbaijani office. Visit http://bit.ly/dentonsdoingbusiness2016 to download this publication.