UPDATES FROM AZERBAIJAN OFFICE
We are an SME law firm, with a market presence of 5 years. We started the cooperation with Russian, Latvian, Ukrainian and Swiss companies. Azerbaijan market starts to overcome the crisis because of the oil price fall. Government focuses on the development of non-oil sector.
We look forward to Formula-1 races that is scheduled to be in the summer of this year and therefore we expect more tourists and expect potential clients. Azerbaijan has already held Eurovision and also the First European games. So, more and more EU companies and citizens are showing interest in our country.
We have some issues related to corruption, but government has come up with some effective anti-corruption programs. Customs become more and more transparent and the official documents can be accessed via ASAN service (http://www.asan.gov.az/en).
We strongly believe that in the near future we will get more opportunities for diversified nature of businesses.