Welcome to AmCham Azerbaijan

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Sustainable Development and Corporate Impact

PurposeAcknowledging a changing world, the Sustainable Development and Corporate Impact Committee seeks to find and promote the appropriate balance between the economic, environmental and social aspects of the business community to ensure sustainability for current and future generations. More and more businesses wish to incorporate sustainable practices in their day-to-day operations. The Sustainable Development and Corporate Impact Committee aims to assist these businesses with education, support and recognition through workshops and other initiatives. Responsibilities The main mission of the Sustainable Development and Corporate Impact Committee is to be at the forefront of driving long-term sustainable value for our members and the business community by encouraging the development of sustainability initiatives and programs and supporting their implementation. The Committee serves as a platform to further support and enhance sustainable business practices. Activities of the Committee fall into the following categories: •    Organizing events such as breakfasts or lunches with sustainability experts•    Lobbying for more sustainable business practices in Azerbaijan and beyond•    Engaging the business community to be proactive in the change towards a more sustainable society •    Conducting capacity-building initiatives such as workshops and seminars with a sustainability focus •    Creating partnership opportunities and synergies among AmCham members Powered by Froala Editor

Digital Economy and Innovations (DEI)

Digital Economy & Innovations Committee will be on fostering a culture of innovation and supporting AmCham members' participation in activities related to the innovation sector in Azerbaijan. By staying at the forefront of digital transformation and innovation, the DEI committee will help its members achieve their business goals and contribute to the development of Azerbaijan's economy.We believe that by embracing the economy and innovation, we can achieve synergy between the major digital government leaders in Azerbaijan and bring maximum benefits to our members and the environment as a whole by operating on the edge of the two.It is a platform for cross-industry exchange of ideas, insights and opportunities discussions, identifying and overcoming common problems associated with the business development of our members and better understanding of the market, as well as maintaining contacts with government of Azerbaijan and regulatory agencies in order to foster business development of our members. The committee also conducts practical workshops, case studies and thought leader perspectives to help our members stay ahead of the future.

FMCG

The mission of FMCG Committee is to contribute to the improvement of legislation and legal practice in the areas of commercial and company law, as well as to promote standards of best practice in marketing goods and services. The issues of product safety, consumer protection, advertising etc. are of great public concern, abundant however in grey areas not yet being subject to legal scrutiny.The FMCG Committee is constantly working on the questions below to be addressed:• What are the legal requirements for the product to be marketed?• How to market the product lawfully?• How to abide by law in contacting consumers and competitors when marketing the product?Powered by Froala Editor

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Some Facts about AmCham Azerbaijan

The American Chamber of Commerce in Azerbaijan is a leading private, non-profit business association supporting and promoting the interests of foreign and local businesses in Azerbaijan. Established in 1996, AmCham is composed of over 260 Regular and Associate Member Companies active in every sector of the Azerbaijani economy. AmCham Azerbaijan represents nearly 80% of all foreign investment, as well as a significant portion of local investment, in Azerbaijan. Through its 9 industry sector committees, Member Companies are able to share information, raise issues of common concern and propose possible solutions. Being one of the largest and the most influential organizations in the country AmCham provides the best networking opportunities. Other membership benefits include access to the data on the latest tendencies in the market (through such information resources as AmCham White Papers, AmCham Annual Reports, IMPACT Azerbaijan Quarterly Magazines, Annual National Employee Salary Surveys, Quarterly Inflation Surveys); Member-to-Member Discount Program offers; U.S. Business Visa Facilitation Program benefits, etc.

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MEMBERSHIP TYPES

There are two types of AmCham affiliation: MEMBERS and ASSOCIATES with annual fees applied

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Immediately stay up to date with every members news updates

Happy Novruz!

17 March 2023

A special gift of 8 000 AZN for Novruz!

17 March 2023

AZERBAIJAN F1 GRAND PRIX EVENT 2023 AT HILTON BAKU

14 March 2023

March Happenings Four Seasons Hotel Baku

13 March 2023

5 benefits of Cubics ERP

28 February 2023

“Araz” və “OBA” mükafata layiq görülüb

24 February 2023

FOUR SEASONS HOTEL BAKU MARCH HAPPENINGS

20 February 2023

Call for Azerbaijani enterprises to become RECP Demonstration Companies

16 February 2023

On February 7, 2023, a memorandum on joint cooperation was signed between "Baku Metropolitan" Closed Joint Stock Company and "Legalize" LLC.

13 February 2023

Four Seasons Hotel Baku February Happenings

13 February 2023

Legal Updates presented by BAKER TILLY

9 February 2023

FOUR SEASONS HOTEL BAKU FEBRUARY HAPPENINGS

6 February 2023

Veysəloğlu Şirkətlər Qrupu ötən il 88,000 ton məhsulu tarladan marketə gətirib

3 February 2023

Amendments to the Tax Code

31 January 2023

We invite you to become a part of the “Fərqli Fərdlər” congress!

26 January 2023

“Nar” continues vocational training for special people in 2023

24 January 2023

Four Seasons Hotel Baku February Happenings

23 January 2023

Holcim Azerbaijan signed the UN Women' Empowerment Principles

6 January 2023

Miau miau miauuu!

29 December 2022

Formula 1 Azerbaijan Grand Prix 2023: ‘Early Bird’ Tickets On Sale NOW!

27 December 2022

Veyseloglu Group of Companies Held a Digital Reputation Management Masterclass in Baku

16 December 2022

Fight against Piracy in Digital Age

12 December 2022

Florıstry masterclass for kids and new year photo shoot

9 December 2022

Veyseloglu Group of Companies Announces Its Monthly Retail Price İndex

9 December 2022

FOUR SEASONS HOTEL BAKU - FESTIVE SEASON HAPPENINGS

9 December 2022

ÇIMTAŞ STEEL DELIVERED AZERBAIJAN’S BRAND NEW FLAG POLE SECTIONS

7 December 2022

AZEL Systems (Official exclusive partner of Trimble Tekla & Authorized training Centre in Azerbaijan) announces admission to The Online Advanced Tekla Structures training course with subsequent official certification in December, 2022.

5 December 2022

ISO 27001:2022 Information Security Management System Lead Auditor Training

2 December 2022

4 ways that switching to Cubics is easier than ever

24 November 2022

BLACK FRIDAY - Push30 provides 50% off annual subscription

22 November 2022

Latina Sparkling Brunch

18 November 2022

Veyseloglu Group of Companies Announces İts Monthly Retail Price İndex

17 November 2022

The Annual Innovation Summit will be held on December 13, 2022

16 November 2022

AIEN Event: "Energy Transition in Azerbaijan and Beyond"

16 November 2022

International SOS clinic in Baku is currently reallocating

16 November 2022

Sustainability Report - Azerbaijan

14 November 2022

FOUR SEASONS HOTEL BAKU - NOVEMBER HAPPENINGS WITH FOOTBALL FESTIVAL AND FESTIVE SEASON

6 November 2022

Veysəloğlu Şirkətlər Qrupunun 28 yaşı tamam olur

4 November 2022

Donation

3 November 2022

We invite you to "The Victory of Karabakh" memorable celebration

2 November 2022

Cubics BMS is getting known as the most popular ERP Solution in Azerbaijan. Here are the reasons…

1 November 2022

"Winter Miracle" project

1 November 2022

FOUR SEASONS HOTEL BAKU NOVEMBER HAPPENINGS

29 October 2022

A Charity Art Exhibition at Q-Gallery in Support of Azerbaijani Servicemen

27 October 2022

FOUR SEASONS HOTEL BAKU - OCTOBER & HALLOWEEN HOTEL HAPPENINGS

26 October 2022

Marketə məhsullar haradan gəlir?

20 October 2022

Caspian Construction Week starts tomorrow

18 October 2022

Denetik becomes "Responsible Gaming" accredited certification body

17 October 2022

Veyseloglu Group of Companies Announces İts Monthly Retail Price İndex

13 October 2022

8th Baku International Book Fair will be held

30 September 2022

Latest updates on determination and application of Transfer Prices

27 September 2022

Cubics Solutions as an efficient time management tool in business

26 September 2022

Japan Investment Forum

15 September 2022

Veyseloglu Group of Companies Announces its Monthly Retail Price İndex

12 September 2022

EKVITA IS NOW RECOGNIZED AS ACCREDITED EMPLOYER OF ACCA (ASSOCIATION OF CHARTERED CERTIFIED ACCOUNTANTS).

2 September 2022

6 reasons to build your CRM with Cubics BMS

29 August 2022

4th Azerbaijan International Defence Exhibition “ADEX”

26 August 2022

Project Management with Cubics BMS: All-new design and even more

4 August 2022

Veysəloğlu Şirkətlər Qrupu məşhur alman brendini ölkəmizə gətirdi

26 July 2022

“EKVITA ACADEMY-DƏN VERGİ QANUNVERİCİLİYİ ÜZRƏ “PEŞƏKAR MÜHASİB SERTİFİKATI” İMTAHANINA HAZIRLIQ TƏLİMİ!

13 July 2022

Cubics – your own ERP System

5 July 2022

First "IronWind 70.3 by Triterra" triathlon race in Azerbaijan.

3 July 2022

Mədəniyyət Nazirliyi və “Araz” supermarketlər şəbəkəsi Şuşa Dövlət Musiqili Dram Teatrının tamaşasını təşkil etdi

30 June 2022

How the legal strategy can help to successfully implement the business strategy?

29 June 2022

Veyseloglu teams with Rossmann to bring German quality to Azerbaijan!

24 June 2022

Veyseloglu Group of Companies Speaks at SAP NOW Baku Business Forum

23 June 2022

Cubics BMS - Business Automation Solution

13 June 2022

Purposeful Growth: Why Businesses Should Rethink Their Marketing

13 June 2022

“Veysəloğlu ilə İlk Addım”la 5 aylıq ödənişli təcrübə və iş imkanı Proqrama sonuncu kurs tələbələri və yeni məzunlar qoşula bilərlər.

9 June 2022

Veyseloglu Group of Companies Announces İts Monthly Retail Price İndex

7 June 2022

What should an entrepreneur pay attention to in a trademark?

6 June 2022

Veyseloglu Group of Companies Honoured in Deloitte’s Prestigious Business Contest

1 June 2022

We invite you to visit Baku Energy Week on June 1-3!

27 May 2022

On occasion of the 2022 Caspian Oil and Gas Conference, Dentons Baku office is pleased to invite you to the special breakfast seminar to be held on Tuesday, 31 May 2022 at Hyatt Meeting and Conference Centre. 

24 May 2022

Going Digital: a trend or an imperative

24 May 2022

We invite you to visit Caspian Agro and InterFood Azerbaijan exhibitions on May 18-20!

12 May 2022

Veyseloglu Group of Companies Announces İts Monthly Retail Price İndex

11 May 2022

Marketlərdə alıcılara ət və ət məhsulları necə təqdim olunur? Veysəloğlu Şirkətlər Qrupu bu mövzuda da çox seçicidir.

6 May 2022

PwC Azerbaijan Times, issue 04, May 2022

6 May 2022

Baku Water Innovation Forum

4 May 2022

Cold Storage: what is it for and who will benefit

27 April 2022

Open MBA Seminar 6 May in Baku: "New Business and Societal challenges in the era of Industry 4.0"

25 April 2022

“Access2Success “: AccessBank qadın sahibkarlar üçün proqrama start verir

25 April 2022

Advance payment-related regulatory compliance risks

20 April 2022

AMENDMENTS TO THE TAX CODE OF THE REPUBLIC OF AZERBAIJAN

19 April 2022

25 million manat has been invested in the establishment of a new and modern logistics center in Azerbaijan

19 April 2022

Legal updates, 11 April 2022

15 April 2022

From Evolution to Revolution: The Future of Cyber Operations

12 April 2022

Veyseloglu Group of Companies Announces İts Monthly Retail Price İndex

7 April 2022

How the Crises in Ukraine Affects Food Prices

7 April 2022

Which foods are preferred in the month of Ramadan?

6 April 2022

First “Vertical run race” in Azerbaijan, Baku

5 April 2022

What will it cost to have a festive dinner for Azerbaijani families this year

18 March 2022

Business Outlook in Azerbaijan, 6th edition

15 March 2022

THE FIRST WOMEN LEADERS FORUM WAS HELD IN AZERBAIJAN

15 March 2022

Veyseloglu Group of Companies Announces İts Monthly Retail Price İndex

11 March 2022

Veyseloglu Supports Young People with University Aspirations

2 March 2022

We invite you to the 4th Congress for People with Special Needs

1 March 2022

Prosol has started a partnership with the ADA university

18 February 2022

Suspension of inspections in the field of entrepreneurship has been extended

17 February 2022

PwC Azerbaijan Times, issue 03, February 2022

16 February 2022

Veyseloglu Group of Companies Announces İts Monthly Retail Price İndex

15 February 2022

Legal updates

11 February 2022

Amendments to the Tax Code: Expected Outcomes

8 February 2022

ASSA ABLOY Group entrusted “Unico” CJSC with regional representation of its products

4 February 2022

NEQSOL Holding to host prestigious Capacity Caucasus & Central Asia 2022 event

2 February 2022

Veyseloglu Group of Companies presented its retail index for 2021

21 January 2022

Deloitte Tax and Legal News 17 January 2022

17 January 2022

Baku International Sea Trade Port in the frames of “Port Community Care” project invites you to the “Corporate Kitchen” Team Building series

14 January 2022

Changes in Tax Code

14 January 2022

Veyseloglu Group of Companies presents the retail index reflecting price changes for essential commodities

12 January 2022

Legal updates

11 January 2022

13 University Graduates were Employed by Veyseloglu Group of Companies

10 January 2022

PASHA Holding and its strategic assets will plant 11,000 trees in Zangilan.

28 December 2021

Veyseloglu Group of Companies has donated 30,000 manat to the YASHAT Foundation

23 December 2021

ÇİMTAŞ STEEL IS TO DELIVER THE WORLD'S TALLEST FLAGPOLE

16 December 2021

AMENDMENTS TO THE TAX CODE OF THE REPUBLIC OF AZERBAIJAN

14 December 2021

Veyseloglu Presents Its Monthly Retail Index for November

9 December 2021

KPMG in Azerbaijan welcomes new Partner, Head of Advisory

19 November 2021

THE RESULTS OF THE "FROM IDEA TO SUCCESSFUL BUSINESS" STARTUP COMPETITION HAVE BEEN ANNOUNCED!

16 November 2021

Veyseloglu Group of Companies announced the Retail Index for October

15 November 2021

EKVITA is looking for Legal Manager

19 October 2021

NEQSOL Holding announces partnership between NEQSOL Academy and LinkedIn Learning

7 October 2021

Veyseloglu Group of Companies announced the Retail Index for September

5 October 2021

A Cup of Knowledge from Deloitte Academy

30 September 2021

PwC Azerbaijan Times: Tax Update, Issue 03

29 September 2021

PwC Azerbaijan's Special Issue of Legislation update

24 September 2021

Legal Updates | August

21 September 2021

Join the 1st Azerbaijan International Reconstruction and Development of Karabakh Exhibition, “Rebuild Karabakh 2021” on October 20-22!

16 September 2021

Tekfen Construction’s Azerbaijan Country Manager appointed as the Azerbaijan Representative of DTIK (World Turkish Business Council)

9 September 2021

Introducing the leadership team of our market-leading Dentons Baku office.

27 August 2021

EMPLOYMENT AGREEMENT vs CIVIL LAW CONTRACT

1 July 2021

Foreign nationals traveling to Azerbaijan required to have a COVID-19 passport

10 June 2021

New Amendments Introduced to the Labor Code

2 June 2021

“Unico” LLC construction company has launched “Smart Young Engineer”- a month-long paid Summer Internship Program for 2021.

27 May 2021

EKVITA Newsletter

16 May 2021

EKVITA Legal Updates | March

30 April 2021

PwC Azerbaijan Times-issue-01-2021

27 April 2021

Compliance management systems — Requirements with guidance for use

27 April 2021

The 2021 edition of Dentons Guide to Investing in renewable energy projects in Europe

2 April 2021

Draft changes to the Tax Code

2 March 2021

Coca-Cola Wins U.S. Secretary of State’s Award for Corporate Excellence for Women’s Economic Empowerment Efforts in Azerbaijan

3 February 2021

TURKISH AIRLINES STUDENT PRIVILIGES

28 January 2021

EY Business Brief

5 June 2020

Deloitte News Update

15 May 2020

Deloitte Tax News

15 May 2020

BHM Legal Update

15 May 2020

PwC Azerbaijan’s COVID-19 Alert Special Edition Issue № 13

27 April 2020

Key support measures available to business

23 April 2020

EY Business Brief

21 April 2020

EY Business Brief

6 April 2020

MBA in Finance

5 February 2020

BHM Legal Updates

17 January 2020

PwC Azerbaijan Times Issue #1

16 January 2020

Company (LLC) registration in Azerbaijan (Innovation in registration of an LLC)

29 December 2019

PwC Azerbaijan Times Issue #12

12 November 2019

Remaining time to start of AmCham Human Resources and Labor Committee's March Meeting

COMMITTEE MEETING

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Important highlights from AmCham Events
14 March 2023

AmCham Members’ March Luncheon with the Head of State Tax Service Mr. Orkhan Nazarli

On March 14, 2023, the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) organized its Members’ March Luncheon with honorable guest speaker Mr. Orkhan Nazarli, Head of the State Tax Service under the Ministry of Economy of the Republic of Azerbaijan.The Luncheon was organized with the generous sponsorship of PASHA Property Management LLC. Opening the event, Executive Director of AmCham Azerbaijan, Ms. Gulnara Aslanbayli welcomed the participants. Ms. Aslanbayli briefly touched upon the projects implemented within the strategic goals of the Chamber, as well as talked on the upcoming plans and events. Ms. Nargiz Nasrullayeva-Muduroglu, President of AmCham Azerbaijan, warmly welcomed the distinguished guest speaker at the Luncheon and thanked him for his role in the continuous and productive cooperation between the Chamber and the State Tax Service. She highlighted AmCham Azerbaijan's continued efforts to support and advance the interests of both foreign and local businesses in Azerbaijan. Ms. Nasrullayeva-Muduroglu also emphasised the organization's long-standing commitment to this goal and the importance of its productive dialogue and cooperation with the State Tax Service towards achieving it.Head of State Tax Service, Mr. Orkhan Nazarli thanked the participants of the Luncheon and noted that the relations between the STS and AmCham Azerbaijan uniting hundreds of foreign and local businesses, are based on the principles of effective partnership. It was noted that the STS attaches great importance to improving tax policy and tax administration, providing new services to taxpayers, holding various discussions with public organizations of entrepreneurs to further improve the business environment. Mr. Nazarli noted that such meetings play an exceptional role in developing partnerships between tax authorities and business structures and further increasing the level of taxpayers' compliance with tax legislation. Mr. Nazarli also emphasized that the STS is interested in building partnerships with businesses in the process of improving tax legislation in order to create a favorable investment climate that will ensure sustainable economic growth in the country. He also informed the participants about the main directions of tax policy, trends in the field of tax legislation and administration in the upcoming periods.The presentation was followed by an interactive Q&A session, where suggestions and opinions of business representatives were considered, and all questions were addressed by Mr. Orkhan Nazarli.The event continued with the presentations of the member companies. First presentation was delivered by the sponsor of the event, PASHA Property Management. Chief Commercial Officer of PASHA Property Management, Mr. Elchin Gadimov provided comprehensive information on the main goals and values, as well as current activities and impending projects of the company. Thereafter, member presentations on portfolio and activity direction of the company were delivered by European Azerbaijan School. Afterwards, AmCham Tax & Customs committee chairperson Ms. Narmin Aslanova gave a brief information on the upcoming plans and activities of the committee. She also highlighted that the Chamber attaches significant value to the collaboration with the STS and further strengthening of these ties.Over 140 people participated in the luncheon including high-ranking government officials, representatives of diplomatic corps, senior executives from business community and member companies.

7 March 2023

AmCham Procurement Committee’s March Meeting

On March 7, 2023, AmCham Procurement Committee hosted its monthly meeting. The meeting was dedicated to the topic “Modern approaches to public procurement”. The guest speakers of the meeting were representatives of Antimonopoly and Consumer Market Control State Service under the Ministry of Economy: Mr. Ahmad Hasanov, Head of the Public Procurement Department and Mr. Elshan Hasanov, Deputy Head of the Public Procurement Department. Chairman of AmCham Procurement Committee, Mr. Tural Vazirov gave brief foreword of the meeting and announced the agenda.Firstly, Mr. Ahmad Hasanov expressed his gratitude to AmCham Azerbaijan and participants of the meeting. Mr. Hasanov delivered a comprehensive presentation on the main changes and innovations in the public procurement. During the presentation, he shared with the audience the statistical information on competitive state purchases happened in 2022.In the second part of the meeting, participants were engaged in a fruitful discussion on the above-mentioned issues, as well as shared common concerns. At the end of the meeting, participants expressed their gratitude to the speaker.

28 February 2023

AmCham Azerbaijan organized 4th Conference on “Ethics and Compliance in Azerbaijan”

On February 28, 2023, the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) organized 4th AmCham Conference on “Ethics and Compliance in Azerbaijan”. The event was held with the support of the Platinum sponsors – BP and NEQSOL Holding. Mr. Zaur Allahverdizade, Vice-President of AmCham Azerbaijan, and Ms. Gulnara Aslanbayli, Executive Director of AmCham Azerbaijan, delivered opening speeches and welcomed the participants. The importance of such conferences in promoting compliance among businesses in Azerbaijan with the pertinent laws, regulations, and ethical standards, while also fostering advancing the discourse on ethics and compliance in the region was highlighted. Thereafter, the floor was passed to Mr. Ramin Valizada, Executive Secretary of the Commission on Combating Corruption of the Republic of Azerbaijan.Mr. Ramin Valizada welcomed the participants and acknowledged the Chamber's ongoing efforts to enhance the business environment in Azerbaijan. Mr. Valizada talked on the the strategies, programs, and reforms that have been implemented to combat corruption in the country. He also emphasized the importance of the Anti-Corruption Commission's deliberate and focused efforts in this area and highlighted the key role of the State Program on Combating Corruption in achieving positive outcomes.The Conference highlighted two panel discussions. The topic of the first panel was “Enforcement of anticorruption laws: international and local practices and perspectives”. Moderator of the first panel was Deputy Chairperson of AmCham Legal and Compliance Committee Mr. Toghrul Ahmadov, Chief Legal Officer of NEQSOL Holding. The first panel featured the speeches by Mr. Isfandiyar Hajiyev, Anti-Corruption Directorate with the Prosecutor General of the Republic of Azerbaijan, Ms. Ann Sultan, Miller & Chevalier Chartered, Mr. Seyfalpasha Aliyev, Judicial-Legal Council of Azerbaijan, and Ms. Rachel Cropper-Mawer, Partner at Clyde & Co. LLP. During the first panel, speakers discussed legal and institutional frameworks in Azerbaijan, global anti-corruption developments and enforcement trends, the role of the judiciary in fighting corruption, as well as insights into best practices for preventing and mitigating corruption risks.The second panel was dedicated to the “International Sanctions: challenges and perspectives for businesses”. Moderator of the panel was Chairperson of AmCham Legal and Compliance Committee Mr. Kamil Valiyev, Partner at Dentons.  Speakers of the second panel were Ms. Indira Dashdamirova, ITC Leader of CIS region at Baker Hughes, Mr. Vagif Ahmadov, AGT Region E&C Manager of BP, and Mr. Nurlan Babayev, Head of Supervision department at the Financial Monitoring Service. During the panel discussion, the speakers touched upon the challenges and implications of international sanctions for businesses operating in Azerbaijan. They provided insights into the best practices for navigating and complying with these sanctions, as well as the potential risks and consequences of non-compliance. The role of governmental agencies and organizations in providing support and guidance to businesses in meeting their obligations related to international sanctions was also highlighted. The panel provided valuable information and guidance to help businesses effectively manage the challenges posed by international sanctions.The panel discussions were followed by interactive Q&A session, as well as exchange of views and best practices.More than 100 people participated in the conference, including high-ranking government officials, senior executives from business community, member companies and representatives of diplomatic corps.Click for the highlights from the Conference Click for all the media from the Conference 

15 February 2023

AmCham Members’ February Luncheon with the Chairman Mr. Shahin Baghirov

On February 15, 2023, the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) hosted its Members’ February Luncheon with honorable guest speaker Mr. Shahin Baghirov, Chairman of the State Customs Committee of the Republic of Azerbaijan. The event started with a minute of silence to commemorate the victims of the massive earthquake in the Republic of Turkey. Opening the luncheon, Executive Director of AmCham Azerbaijan, Ms. Gulnara Aslanbayli welcomed the participants. Ms. Aslanbayli briefly touched upon the projects implemented within the strategic goals of the Chamber, as well as talked on the upcoming plans and events. She also informed the audience on the start of the drafting of White Paper 2023 and called all members to be actively involved in the preparation process. President of AmCham Azerbaijan Ms. Nargiz Nasrullayeva-Muduroglu introduced the honorable guest speaker Chairman Mr. Shahin Baghirov and expressed her congratulations for his recent appointment. Ms. President also emphasized sustained activity of AmCham Azerbaijan on continuing supporting and promoting the interests of foreign and local businesses in Azerbaijan, as well as significance of the established fruitful dialogue and successful cooperation with the State Customs committee in this direction.  The chairman of the State Customs Committee, the lieutenant general of the customs service Mr. Shahin Bagirov noted that he attaches special importance to the establishment of relations with business representatives of the customs bodies on a business basis, as well as open and transparent dialogue in customs-business cooperation, and emphasized that necessary steps have been taken to increase the efficiency of mutual relations. It was also mentioned that one of the main goals defined for the customs service is to create fertile conditions for business subjects in the customs field, to study and implement their suggestions and opinions regarding the adopted decisions and applied innovations.For this purpose, it has been brought to attention that the action plan has been prepared by the customs authorities in recent times, and the implementation of innovative projects based on digital solutions has been started to increase the rationality, transparency, and accessibility of the procedures, to implement the customs operations in an easy and fast manner. The chairman also delivered an information on the mission of the customs authorities, the priority directions of the future activities, strategic goals, and the projects, innovations, and benefits for businesses. The presentation was followed by an interactive Q&A session, where suggestions and opinions of business representatives were considered, and all questions were addressed by the Chairman Baghirov.Afterwards, AmCham Tax & Customs committee chairperson Ms. Narmin Aslanova gave a brief information on the upcoming plans and activities of the committee. She also highlighted that the Chamber attaches significant value to the collaboration with the committee and further strengthening of ties among customs authorities. Associate professor at ADA University Mr. Anar Valiyev delivered a presentation on the results of the research project on “Factors affecting Education-Labour market mismatch in Azerbaijan and finding sustainable solutions for employers” jointly implemented with the Chamber.Thereafter, member presentations on portfolio and activity direction of the companies were delivered by Grand Logistic Center and ISR Auto. Over 150 people participated in the luncheon including high-ranking government officials, representatives of diplomatic corps, senior executives from business community and member companies.Click for highlights from the luncheon  

27 January 2023

AmCham Executive Director Participated at the Meeting of the “Property registration and lease” WG

On 27 January 2023, Executive Director of AmCham Azerbaijan, Ms. Gulnara Aslanbayli attended the meeting of the “Property registration and lease” Working Group led by the State Service for Property Issues under the Ministry of Economy. The event was organized by the Commission on Business Environment and International Ratings. During the meeting, amendments to the law on property registration and notaries have been discussed by the different government officials. The meeting also featured the presentation of the 2023 Road Map for the implementation of improvements related to the "Business Location (registration and rental of property)" indicator of the World Bank Group's "Business Enabling Environment" project. Afterwards, participants were involved in the Q&A session, providing their suggestions and feedbacks. 

16 December 2022

AmCham GALA Concert dedicated to 30th Anniversary of Diplomatic Relations between Azerbaijan and the U.S.

On December 16, 2022, AmCham Azerbaijan hosted a GALA Concert dedicated to 30th Anniversary of Diplomatic Relations between the United States and Azerbaijan. The GALA evening featured performance of Azerbaijan State Symphony Orchestra named after U. Hajibayli conducted by People's Artist of Azerbaijan Mr. Yalchin Adigezalov, and solo performance by Ms. Seljan Nasibli. During the concert, guests enjoyed the impressive classical music performance of the compositions of most celebrated Azerbaijani and U.S. composers: Samuel Barber, Fikrat Amirov, George Gershwin and Gara Garayev .Around 500 guests including high-ranking government officials, ambassadors, representatives of diplomatic corps, senior executives from business community and member companies attend the event. Click for the highlights from the Gala Concert Click for all the media from the Gala Concert

12 December 2022

AmCham Executive Director Ms. Gulnara Aslanbayli participated at the Impact Week in Brussels

At the beginning of December 2022, Ms. Gulnara Aslanbayli participated at the Impact Week in Brussels. The purpose of the visit was the Chamber’s intention to create new platforms uniting people who bring innovation to Azerbaijani society through socially responsible and sustainability initiatives. Impact Week is a unique network at the intersection of finance and purpose, driven by knowledge and focused on impact. It strives to increase prosperity and social progress for all, fix inequalities and injustices and preserve the planet. It builds synergies that tackle critical social and environmental problems at scale – and change mindsets. To accelerate positive change for people and planet, EVPA organized Impact week in Brussels to bring changemakers together to mobilize capital for true social transformation. Lots of fresh ideas that can enable net-zero economy, ease inequalities and elevate economic and social prospects for all were presented at the Impact week.It should be emphasized C Summit was organized in the framework of the Impact week. The C Summit was central to the goals of Impact Week, offering a way for corporates to see the whole picture of impact – the better to make that picture a collaborative masterpiece.The joint sessions were dedicated to the discussion in the broader context of the impact ecosystem and leverage corporate impact efforts to form meaningful coalitions around 10 action area – net-zero prosperity, future of the health, impact heroes, impact cities, impact united, food, smart impact, impact synergies and transformative impact. 

3 December 2022

15th Annual AmCham Black & White Ball 2022

On December 3, 2022, the American Chamber of Commerce of Azerbaijan (AmCham Azerbaijan) hosted its 15th Annual Black & White Ball in Gulustan Palace. Traditionally the Ball brought together business leaders, government officials, ambassadors in an absolutely unique environment.With more than 600 guests, this spectacular landmark event became the highlight of AmCham’s social calendar. This year’s Ball – themed as “Angels & Demons” – embraced the atmosphere of the grandiose evening of elegance and grace with guests enjoying spectacular live music, magnificent entertainment show, outstanding program and experience. The audience was welcomed with the official opening speeches by Executive Director of AmCham Azerbaijan Ms. Gulnara Aslanbayli, Mr. Nargiz Nasrullayeva-Muduroglu, President of AmCham Azerbaijan as well as Mr. Hugo Guevara, Deputy Chief of Mission at the U.S. Embassy in Baku.Afterwards, the floor was passed to the chief representatives of the Platinum and Gold Sponsors:Platinum Sponsor: BP - Mr. Bakhtiyar Aslanbayli, Vice President for the Caspian region, Communications and External Affairs. Gold Sponsors:Procter & Gamble Inc. Azerbaijan Branch -Mr. Deger Kurtaslanoglu, General ManagerPMD Group - Mr. Dayanat Sadullayev, Chief Executive Officer PASHA Insurance OJSC – Ms. Ulviyya Jabbarova, Chief Executive Officer Farchitects LLC - Mr. Farid Safquliyev, Chief Executive Officer It should be noted that a large number of generous Silver, Bronze and Other sponsors have also contributed to the organization of the event.The evening was concluded with a surprising raffle draw with over 120 winning tickets and dances till dawn. The top prizes of the raffle draw were round trip tickets to Milan, Italy and NY, U.S. Please note that raffle tickets starting from 1 to 120 are all the lucky winning tickets. Winning tickets’ list can be reviewed from the following link. Please check your raffle coupons and come to AmCham office to pick up the prizes. Prizes will be given only with the lucky tickets provided. Click for the highlights from the Ball Click for all the media from the Ball 

28 November 2022

Two-day CSR Workshop was held in Shamakhi

On November 27-28, 2022, two-day CSR Workshop jointly organized by AmCham Azerbaijan and the U.S. Embassy in Azerbaijan titled the “Business Benefit of Effective Corporate Social Impact Strategy” was held in Shamakhi.  The workshop was aimed to strengthen members' capacity and build shared language to promote collaboration, advance CSR, and build ties of cooperation between private and public sectors. The invited guest speaker was Mais Abbas Abousy, Attorney-Advisor with the Commercial Law Development Program (CLDP) in the Office of the General Counsel of the U.S. Department of Commerce. The workshop was moderated by Alisa Oyler, skilled facilitator, trainer, and curriculum designer with experience working in over 20 countries.The first day of the workshop featured comprehensive presentation on “Business case for CSR/ESG” by Mais Abbas Abousy and group discussion on how to identify business-based social purpose and the people that could benefit.  Afterwards, to explore examples of CSR strategy in Azerbaijan, the panel discussion was held with the participation of:  Blake Dawgert, Economic and Commercial Officer at the U.S. Embassy in Azerbaijan, Fidan Tofidi, Corporate Stakeholders Engagement Division Head at Pasha Bank, and Rena Tahirova, Sustainable Development and Communication Manager at Holcim Azerbaijan. The first day of the event was followed by an interactive session on partnership and knowledge-sharing models where participants shared their views from different perspectives. The second day of the workshop started with the brief presentations of the participants from government sectors on CSR/ESG: what they have done and what are their future plans. Kamran Abbaszada, Leading Specialist in Sustainable Development and Social Policy department at the Ministry of Economy in Azerbaijan, Haji Aliyev, Head of the International Relations and Project Management department at the State Employment Agency and Javanshir Maharramov, SME agency regional representative for Shirvan region shared their agency’s experiences and plans with all participants. During the final session, participants created individual strategies to advance CSR/ESG and involved in group work with peer coaching.The workshop was concluded by overview of the next steps/actions and awarding certificates to the participants for their active contributions.

25 November 2022

AmCham Members’ November Luncheon with Minister Mr. Anar Karimov

On November 25, 2022, the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) organized its Members’ November Luncheon with honorable guest speaker Mr. Anar Karimov, Minister of Culture of the Republic of Azerbaijan. Around 180 people participated in the Luncheon including high-ranking government officials, representatives of diplomatic corps, senior executives from business community, member companies and media representatives.Opening the event, Executive Director of AmCham Azerbaijan, Ms. Gulnara Aslanbayli welcomed the participants of the Luncheon. Ms. Aslanbayli briefly touched upon the projects implemented by the Chamber, as well as informed the participants on the upcoming plans and events. Information on Large-scale Education research project with ADA University, Black & White Ball 2022 and AmCham GALA concert were delivered to the audience. During the speech, Ms. Aslanbayli also announced newly joined members of the Chamber: Azerbaijan Supermarket LLC; Grand Logistics Center LLC; HRC Engineering & Resources Ltd and AzSmart LLC.President of AmCham Azerbaijan, Ms. Nargiz Nasrullayeva-Muduroglu introduced the honorable guest speaker minister Mr. Anar Karimov and expressed her gratitude for his participation at the Luncheon. Ms. Nasrullayeva-Muduroglu emphasized sustained activity of AmCham Azerbaijan on continuing supporting and promoting the interests of foreign and local businesses in Azerbaijan, as well as significance of the established fruitful dialogue and successful cooperation with government institutions in this direction. Mr. Anar Karimov welcomed and expressed his gratitude to all AmCham members and guests. Mr. Karimov delivered a comprehensive presentation on the strategic view of the Ministry of Culture, its main goals and objectives, public-private sector partnership, future reforms and current activities. Mr. Minister gave an informative speech on the cultural heritage, located in the territory of Azerbaijan, reflected on the cultural diversity of our country and expressed the importance of protecting and restoring all cultural and religious monuments, regardless of their origin, within the framework of the restoration process in the territories freed from occupation. Afterwards, Mr. Elnar Mammadli, Head of the Foreign Relations Department of AzTV announced the premier of the teaser of the first season called “Atabeys: Shamseddin Eldeniz” of the historical multi-series to be broadses on AzTV soon. The teaser of the movie was prepared in partnership with the Ministry of Culture, "Azerbaijan Television and Radio Broadcasting" CJSC, the History Institute of the Azerbaijan National Academy of Sciences, the Azerbaijan Institute of Theology and the "IMZA" Social Development Support Public Union. Later, Chairwoman of the AmCham Marketing, Communications and Business Development Committee, Ms. Aysel Suleymanova briefed the Committee’s upcoming plans and activities. Thereafter, member presentations on portfolio and activity direction of the company were delivered by FINADCO.At the end of the Luncheon, Mr. Alibala Maharramzade, Founder of "Shahdag film shortly spoke about the work being done with incredible and professional team in preparation of the historical multi-series and urged private sector representatives to further contribute to the project. The event was concluded by closing remarks of Ms. Gulnara Aslanbayli.