Resource information
This Law consists of VII Sections that contain 43 articles. Section I (arts. 1-8) lays down general provisions. Section II (arts. 9-15) regards state guarantees concerning foreign investments. Section III (arts. 16-35) regards establishment and activity of enterprises with foreign investments. Section IV (arts. 36 and 37) regards purchase of securities by foreign investors. Section V (arts. 38-40) regards acquisition of rights for use of land and other proprietary rights by foreign investors. Section VI (art. 41) regards foreign investments in free economic zones. Section VII (arts. 42 and 43) lays down final provisions.The present Law determines legal and economic principles of realisation of foreign investments at the territory of the Azerbaijan Republic. The Law is aimed to attraction and efficient use of foreign material and financial resources in the economy, modern foreign equipment and technology and managerial experience and guarantees protection of rights of foreign investors. Foreign investors might make investments at the territory of the Azerbaijan Republic by the way of: a) participation in enterprises, organizations established together with legal entities and citizens of Azerbaijan Republic on the sharing basis; b) establishment of enterprises completely belonging to foreign investors; c) purchase of enterprises, proprietary complexes, buildings, structures, shares in enterprises, other shares, bonds, securities and also other property which according to legislation of the Azerbaijan Republic might belong to foreign investors; d) acquisition of rights for use of land and other natural resources and also other proprietary rights; e) conclusion of agreements with legal entities and citizens of the Azerbaijan Republic providing for other forms of realisation of foreign investments.
