Welcome to AmCham Azerbaijan


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.

Travel, Hospitality and Tourism

AmCham Travel, Hospitality and Tourism Committee meets monthly to discuss the present situation of tourism in Azerbaijan and how to improve the country as a tourist destination.Considering the larger than normal expatriate community, an influx of short-term business travelers, and increased investment in infrastructure that are results from a very active oil sector Azerbaijan’s travel tourism industry is one of the most promising. The business travellers require and demand high quality airlines, hotels, restaurants and services in both the capital and the regions. Over the long-term, however, Azerbaijan also has the potential to attract a considerable number of international tourists. The country is blessed with ingredients that will create good memories for tourists, including natural or interesting scenery, people, a historically rich religious diversity, interesting cities to explore, unusual foods, exotic smells, opportunities to bring home memories they have purchased, and above all, safety in the country. Having these attributes should go a long way to enable Azerbaijan to redevelop its tourism industry more broadly.Taking all this into account we would like to invite all of the hotels, airlines, travel agencies that are members of the American Chamber of Commerce as well as any other member companies that are interested in shaping up the private sector efforts in developing and improving the Hospitality, Travel and Tourism in the country to join this newly created committee.Powered by Froala Editor

Construction Working Group

The WG is aimed at improving real estate and construction industry in the country, by raising issues of concerns and common challenges, developing best practices, encouraging sustainability and adoption of innovation technologies and approaches within the industry. 

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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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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


15 April 2024

Master class "Strategic Risk Management" by EY Academy of Business CCA

2 April 2024

Nowruz happenings at Four Seasons Hotel Baku

19 March 2024


19 March 2024

Passion moves us forward

19 March 2024

Spring Happenings at Four Seasons Hotel Baku

12 March 2024

Dive into Digital with Cubics: Simple Solutions, Big Results

7 March 2024

March Happenings at Four Seasons Hotel Baku

5 March 2024

Women's Day Happenings at Four Seasons Hotel Baku

19 February 2024

Unlocking Productivity and Connection: How SmartPoint Intranet Transforms Corporate Culture

19 February 2024

PwC INVITATION to Online Webinar: Mastering Dispute Resolution: Unveiling the Innovation of the Legal Consortium for Arbitration and Mediation (LCAM)

15 February 2024

Cyber and Technology News Digest for January

14 February 2024

February Happenings at Four Seasons Hotel Baku

13 February 2024

SMART business – a partner in building a comprehensive IT ecosystem of solutions for transforming business processes

12 February 2024

Key Transfer Pricing Compliance Aspects for 2024

30 January 2024

Book ski instructors directly on Shahdag website!

30 January 2024

Heydar Aliyev Cup - Registration Now Open!

29 January 2024

February Happenings at Four Seasons Hotel Baku

29 January 2024

Live stream: IFRS Consolidation in Practice with SAP BPC

9 January 2024

January Happenings at FS Baku

8 January 2024

SİMA İmza became the winner of the MilliNet and NETTY competitions

19 December 2023

Top law firm in Central Asia - Chambers Asia-Pacific 2024 ranks Dentons as a leader in the region

14 December 2023

Dentons affirms its strong standing in Europe in 2023 edition of IFLR1000.

14 December 2023

Festive Happenings at Four Seasons Hotel Baku

11 December 2023

Festive Happenings at Four Seasons Hotel Baku

6 December 2023

Exciting Partnership Alert: Bloom Group is now partners with BBDO CA, part of BBDO Worldwide – the most awarded global advertising agency

30 November 2023

Festive Season at Hilton Baku

30 November 2023

Get a business loan from PASHA Bank with “SİMA İmza” without leaving the office!

28 November 2023


27 November 2023

Number of users of SİMA İmza application has exceeded 500,000

23 November 2023

AzInTelecom starts cooperation with an influential company of South Africa

22 November 2023

Introducing Festive Offers at Four Seasons Hotel Baku

20 November 2023

Apply for a loan with SİMA İmza without providing any documents!

20 November 2023

Discover the world of opportunities at InMerge Innovation Summit!

20 November 2023

"Educational Management Summit" will be organized jointly by Roof Academic Training Educational Company and Facemark

20 November 2023

Purchase a house with SİMA İmza in the SHCA “Affordable Housing” system!

17 November 2023


6 November 2023

November Happenings at Four Seasons Hotel Baku

30 October 2023


26 October 2023

EY announces the launch of EY Entrepreneur Of The Year™ 2023-2024

4 October 2023

Prevent someone else from signing a document on your behalf with SİMA İmza!

2 October 2023


22 September 2023

VOLVO: For Life

20 September 2023

Hospitality Law in Azerbaijan

20 September 2023

5000 AZN gift for teachers and their family members at Greenville Residence!

20 September 2023

12.5 thousand IMEI codes connected to the network with more than 1.3 million numbers were assigned the “clone” status

19 September 2023

International Astronautical Congress in Baku brings excitement and business opportunities

11 September 2023


11 September 2023

Log in the electronic cabinet on E-taxes.gov.az using SİMA Token!

11 September 2023

74th International Astronautical Congress

5 September 2023


4 September 2023

Motorcycle Festival at Shahdag Mountain Resort

24 August 2023

Founding partner of Legalize Law Firm becomes a Fellow of the Chartered Institute of Arbitrators

18 August 2023

Deadline for Sponsorship and Exhibition Application at the 74th International Astronautical Congress extended

18 August 2023

Amelioration and Water Farm partially transferred its informatıon systems to the Government Cloud

17 August 2023

ROOF Academic Training yeni TOP TALKS layihəsi ilə qarşınızdadır

15 August 2023

Opening new bank accounts has become easier with SİMA

15 August 2023

Veyseloglu Group of Companies Announces its Monthly Retail Price Index

8 August 2023

Never Ending Summer Happenings at Four Seasons Hotel Baku

7 August 2023

Legal Updates presented by BAKER TILLY

4 August 2023

Digitalization on Boards 5th Edition by Amrop

2 August 2023

Enhance Your Career in Auditing: Enroll in EKVITA Academy's Training Program

31 July 2023

Destination Fabulous Summer Happenings at Four Seasons Hotel Baku

31 July 2023

Limited Time Offer by PASHA Property Management for AMCHAM Members at Knightsbridge Residence

26 July 2023


11 July 2023

Exclusive Offer for AmCham Members: 5% Discount on Greenville Premium Residence Apartment Purchases

6 July 2023

Tax and Legal newsletter presented by BAKER TILLY

6 July 2023

5 tools to increase corporate sales with Cubics BMS

25 June 2023

Tax and Accounting Bulletin 2023

23 May 2023

Latest changes to legislation in April 2023

4 May 2023

Trade in your premium car to Volvo and get a special discount of 2 000 AZN

1 May 2023


1 May 2023

Four Seasons Hotel Baku Spring Happenings

3 April 2023

Four Seasons Hotel Baku February Happenings

13 February 2023


6 February 2023

“Nar” continues vocational training for special people in 2023

24 January 2023

Remaining time to start of AmCham Legal & Compliance and FMCG Committees' Joint meeting


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Important highlights from AmCham Events
4 April 2024

AmChams in Eurasia Forge Collaborative Pathways for Regional Prosperity

On March 28, 2024, Leadership representatives from American Chambers of Commerce (AmChams) in Azerbaijan, Bulgaria, Georgia, Greece, Kyrgyzstan, Tajikistan, Turkey, and Uzbekistan engaged in an important meeting fostering regional growth and collaboration. Discussions centered on organizing regular regional events and trade missions to stimulate bilateral business opportunities, while also emphasizing knowledge exchange in areas such as public-private dialogue, advocacy, and sustainability. The meeting identified sector-specific collaboration opportunities in energy, healthcare, manufacturing, and tourism, with a focus on advocating for federal support to bolster AmCham membership and engagement. Additionally, engagement in middle corridor initiatives was highlighted to enhance infrastructure development and regulatory alignment.The event underscores the collective commitment of AmChams to drive regional prosperity and growth. 

2 April 2024

AmCham Human Resources and Labor Committee's April meeting

On April 2, 2024, AmCham’s HR & Labor Committee organized an engaging event on “Retention and Engagement”. The event started with the presentation of Ms. Cagla Gurdal, Head of Rewards Data Intelligence of WTW, capturing the overview of attraction and retention trends in Azerbaijan.Guest speaker Ms. Elnara Mammadova, BP Vice President People and Culture for the AGT region and Russia, spoke about retaining and engaging talent in a challenging market, sharing practical solutions from bp experience. Ms.Mammadova focused on the importance of setting vision, empowering, creating culture and assessing employee needs.Guest speaker Mr. Mehman Heydarov, Project Leader of Talent Management Department in Kapital Bank spoke about company’s strategy to retain talents. He focused on the role of EVP, on engagement tools applied within the company, highlighting the role of listening, developing and rewarding talents. Event participants had the opportunity to ask questions and exchange ideas on retention and engagement strategies. 

1 April 2024

AmCham's Marketing, Communications and Business Development (MCBD) Committee's March Workshop

On March 29, 2024, AmCham Marketing, Communications, and Business Development (MCBD) committee hosted its March Workshop dedicated to “Redefining Business: Generative AI's Influence on Marketing & Sales Tactics and Product Evolution”. The guest speaker of the workshop was Mr. Emin Aliev, Chief Business Development Officer (CBDO) of Evido. Firstly, Ms. Aysel Suleymanova, Chairperson of MCBD committee, extended a warm welcome to all participants, introduced the guest speaker, and provided a brief overview of the meeting.Afterwards, Mr. Emin Aliev took the stage to deliver an informative speech on “Redefining Business: Generative AI's Influence on Marketing & Sales Tactics and Product Evolution”. During his presentation, Mr. Aliev comprehensively talked about how Generative AI will enhance customer service, marketing, and product development for humans. The workshop was concluded with an engaging and interactive Q&A session, where participants had the opportunity to exchange their views and share valuable insights.

14 March 2024

AmCham Azerbaijan's Nowruz Celebration Cocktail Reception

On March 14, 2024, AmCham Azerbaijan organized a Cocktail Reception dedicated to Nowruz Celebration. As per usual, the AmCham event brought together CEOs and associates of AmCham member companies, board members and committee chairpersons. Executive Director of AmCham Azerbaijan Ms. Gulnara Aslanbayli officially opened the event, greeting the guests and providing a brief foreword of the event. During her speech, she emphasized the importance of Nowruz in Azerbaijani due to its historical, cultural, and traditional roots.The event featured launching of the AmCham CSR Platform. Head coordinator of the project Ms. Sheyda Mustafabayli delivered a comprehensive presentation covering various insights and guidance on this exciting initiative that serves as a space on collaboration, connecting contributors and project owners to work together on meaningful corporate and social responsibility projects. Following the presentation, the Project Curator, AmCham Board member Mr. Shahin Mammadov, expressed his gratitude to the AmCham team, the AmCham Sustainable Development and Corporate Impact Committee, and all contributors in developing the project. Additionally, he highlighted the importance of this initiative, emphasizing its potential to foster collaboration and drive meaningful corporate and social responsibility projects. Mr. Mammadov also encouraged the business community and non-profit organizations to actively engage in the platform, share their CSR ideas, and showcase their creative CSR portfolios.Afterwards, the Reception continued with several traditional show programs involving national drum instruments, dance music performance, and a DJ show. Additionally, the reception also featured a special lottery where the guests got an opportunity to win an exclusive prize offered by AmCham Azerbaijan. 

13 March 2024

AmCham Legal & Compliance and Human Resources Committee's joint meeting

On March 13, 2024, AmCham Legal & Compliance committee organized a joint meeting along with the AmCham HR & Labor committee dedicated to the topic “Promoting SPEAK-UP as a tool to strengthen business integrity and create safe work environment”.Invited guest speakers of the meeting were Ms. Jamila Islamova, Ethics and Compliance Lead at BP Azerbaijan, Georgia and Turkey Region, Ms. Sevda Huseynova, Ethics & Compliance Officer at SOCAR Midstream, Mr. Martin Zapata, Academic Programs Senior Officer at the International Anti-Corruption Academy, and Mr. Rafael Abdullayev, Senior Human Resources Manager at NEQSOL Holding.The meeting was opened with the welcome speeches of Mr. Kamil Valiyev, Chairperson of AmCham Legal & Compliance committee and Ms. Chinara Ahmadova, Deputy Chairperson of AmCham HR & Labor Committee. Afterwards, as moderator of the meeting, Mr. Toghrul Ahmadov, Deputy Chairperson of Legal & Compliance committee took the floor and gave a brief foreword of the session. The meeting continued with speeches and presentations by guest speakers where they touched upon SPEAK-UP, its impact on compliance program and its role in mitigating compliance and integrity risks. They also comprehensively discussed the root causes behind people not speaking up and key intervention points, as well as the role of leaders in promoting speak-up culture in organizations and the importance of creating a morally safe work environment that is free from ethical hazards. The session was followed by the Q&A session and closing remarks.

23 February 2024

AmCham Human Resources and Labor Committee's February meeting

On February 23, 2024, AmCham’s HR & Labor Committee organized an engaging workshop on “Coaching and Technology”. The workshop aimed to demystify the buzz around coaching and reveal its practical benefits in today's ever-changing work landscape.Mr. Parviz Tahirov, the Chairperson of the HR Committee, welcomed the participants and introduced the guest speakers. He emphasized coaching was one of the popular development tools in today’s world.Guest speakers were Ms. Ozlem Sarioglu, PCC, an accomplished professional coach, author, and co-founder of SparkUs Digital Coaching Platform, a World Economic Forum-invited startup and Ms. Dilara Jafarli, an experienced leader and Head of Learning & Development at NEQSOL Holding. During the workshop, Ms. Ozlem Sarioglu talked and demonstrated how coaching can enhance skills and improve performance. She described the digital tools that make coaching accessible to all, revolutionizing professional development on a large scale. Ms. Dilara Jafarli talked on NEQSOL experience and how integrating coaching with technology can reshape HR, leading to increased employee engagement, better performance, and overall organizational success. Workshop participants explored opportunities to use the power of coaching and technology in transforming organizations for the future. 

22 February 2024

AmCham Members’ February Luncheon

On February 22, 2024, the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) hosted its Members' February Luncheon, featuring esteemed guest speaker H.E. Mr. Mark Libby, U.S. Ambassador to Azerbaijan.The event commenced with a warm welcome from Ms. Gulnara Aslanbayli, the Executive Director of AmCham Azerbaijan. Ms. Aslanbayli provided updates on upcoming plans and events of the Chamber. Ms. Aslanbayli also acknowledged recent leadership changes within key committees and presented recognition plaques to outgoing Chairpersons: Ms. Ellada Alishova, Chairperson of the HR Committee; Ms. Rena Afandiyeva, Deputy Chairperson of the HR Committee; and Mr. Tural Vazirov, Chairperson of the Procurement Committee, for their dedicated service.Ms. Nargiz Nasrullayeva-Muduroglu, President of AmCham Azerbaijan, extended a gracious welcome to H.E. Mr. Mark Libby, expressing sincere gratitude for his participation. President Nasrullayeva-Muduroglu underscored the Chamber's commitment to supporting businesses in Azerbaijan and thanked Ambassador Libby and the U.S. Embassy for their contributions.U.S. Ambassador to Azerbaijan, Mr. Mark Libby, warmly welcomed all attendees and expressed sincere appreciation to the Chamber for facilitating constructive dialogue within the business community. Ambassador Libby emphasized the United States' commitment to supporting Azerbaijan's business sector and fostering strong commercial ties. He highlighted the collaborative efforts of the U.S. Embassy, AmCham, and U.S. businesses to drive innovation and growth in Azerbaijan.Thereafter, Ambassador Libby participated in an open and interactive Q&A session, where he addressed all questions from the audience.The luncheon also featured presentations from member companies highlighting their portfolios and activity directions. Speakers included Mr. Jeyhun Hajiyev, CEO of PASHA Capital; Mr. Geray Yusifov, Founder of ADVIAD; and Mr. Dayanat Ahmadov, Managing Partner of Amrop Azerbaijan.The event concluded with closing remarks from Ms. Gulnara Aslanbayli, thanking all participants for their attendance and active engagement. 

30 January 2024

Intellectual Property Best Practices Conference was held

On January 30, 2024, a conference on “Intellectual Property Best Practices” was jointly organized between the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) and the Commercial Law Development Program (CLDP) under the U.S. Department of Commerce. The event brought together about 100 participants, including representatives of AmCham member companies, international experts, and public entities.Executive Director of AmCham Azerbaijan Ms. Gulnara Aslanbayli opened the Conference, welcoming the participants and noting AmCham’s long-standing tradition of holding legal & compliance conferences. The Conference continued with opening remarks from Hugo Guevara, Deputy Chief of Mission, U.S. Embassy and Mr. Zaur Allahverdizade, Vice-President of AmCham, who emphasized the importance of IP protection in overall business environment and investment attraction. The Conference continued with engaging presentations and discussion panels on various topics such as effects of counterfeiting on international brands, open source communities' role in digital innovation, fighting illegal software use, competition in the IP ecosystem, etc.On January 31 – February 1, a two-day workshop was held for attorneys and law students on the same topics with the experts from the U.S. Customs and Border Protection and U.S and Georgian attorney experts. The two-day seminar started with opening remarks from AmCham Legal & Compliance Committee’s Deputy Chairperson Ms. Sharaf Asgarova, who welcomed the attorneys and law students. The Workshop consisted relevant case-studies related to actual IP and counterfeit cases examined by the U.S. and Georgian courts, with very active involvement of the participants. Following the workshop, the attendees received certificates of recognition from the U.S. Department of Commerce. 

24 January 2024

AmCham Azerbaijan Presented White Paper 2023 to the Membership

On January 24,2024, the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) hosted its Members’ January Luncheon dedicated to the presentation of the subsequent publication of White Paper 2023 being prepared and presented to Azerbaijan government biannually in the aim of supporting various fields of Azerbaijan’s economy. The event was attended by key stakeholders, including members of the AmCham Board of Directors, Committee chairpersons, government officials, AmCham members, and representatives of the diplomatic corps. The recommendations reflected in previous years’ White Papers were added to state programs and some of the recommendations resulted in corresponding amendments in legislation which positively aspired business environment in Azerbaijan.Ms. Gulnara Aslanbayli, Executive Director of AmCham Azerbaijan, opened the luncheon by expressing gratitude to the participants and acknowledging their invaluable contributions to White Paper 2024.Ms. Nargiz Nasrullayeva-Muduroglu, President of AmCham Azerbaijan, delivered a compelling speech highlighting key aspects of the White Paper and emphasizing its significance in shaping the country's economic trajectory. She remarked, "As we reflect on the achievements of 2024, we celebrate the restoration of our country's territorial integrity, coupled with a dedication to ongoing reforms for economic enhancement. Today, we present the 8th edition of AmCham's White Paper, a testament to our commitment to a more perfect business environment and an investor-friendly market."Ms. Nasrullayeva-Muduroglu continued, providing insights into the structure of White Paper 2024. "The document consists of 9 Chapters, encompassing recommendations on concrete areas such tax, customs, finance, insurance, ICT, labor, marketing, sustainability, procurement, FMCG, judiciary, and more. Among the total of 114 recommendations, some of the most noteworthy ones include amendments to vital legislative acts, improvements in equal access to the market and financial inclusion for banking services, the establishment of rating agencies, integration of the circular economy concept, tax forecasting in the tobacco and alcohol industry, issues related to the enforcement of court decisions, digital economy, start-up ecosystem, data protection, and procedures for trade facilitation."Afterwards, AmCham committee chairpersons delved into the specific recommendations within their areas of expertise. Ms. Narmin Aslanova, Chairperson of the Tax and Customs Committee, Mr. Babek Aghayev, Chairperson of the Digital Economy and Innovations Committee, Mr. Jeyhun Mammadbayli, Chairperson of the Banking, Finance, and Insurance Committee, Mr. Kamil Valiyev, Chairperson of the Legal and Compliance Committee, Ms. Lala Afandi, Deputy Chairperson of the FMCG Committee, Mr. Tural Vazirov, Chairperson of the Procurement Committee, and Ms. Aysel Suleymanova, Chairperson of the MCBD Working Group, presented detailed insights into the recommendations outlined in the White Paper. A notable highlight of the event was the certificate presenting ceremony, honoring the chairpersons and deputy chairpersons of committees for their instrumental contributions to the development of the White Paper.To access the White Paper and gain a deeper understanding of its contents, please following links:EN:  White Paper.AZ: White Paper/AZ 

19 December 2023

AmCham Conference on Building Consumer Trust

On December 19, 2023, a conference on “Building Consumer Trust Through Enhanced Role of Businesses in Consumer Protection” was jointly organized between the American Chamber of Commerce in Azerbaijan (AmCham Azerbaijan) and State Service for Antimonopoly and Consumer Market Control under the Ministry of Economy of the Republic of Azerbaijan. The event brought together about 100 participants, including representatives of AmCham member companies, business associations, and public entities. Opening the event, Executive Director of AmCham Azerbaijan, Ms. Gulnara Aslanbayli welcomed the participants of the conference and passed the floor to Mr. Elshad Farzaliyev, Chairperson of AmCham FMCG committee, to give a brief foreword of the event.Taking the floor, Ms. Rena Mammadova, Board Member of AmCham Azerbaijan, highlighted the significance of consumer interest to AmCham member companies and their readiness to take new innovative steps to strengthen consumer trust. During her speech, she also emphasized that the Chamber intends to extend the cooperation with both local and international companies and public entities in this direction. Afterwards, Mr. Elnur Baghirov, Deputy Head of the State Service for Antimonopoly and Consumer Market Control, particularly mentioned the necessity of public-private dialogue in the protection of consumer rights. Additionally, Mr. Baghirov noted that entrepreneurs play an important role in ensuring the right to compensation for the damage caused to the consumer such as effective resolution of disputes and the right to receive information. The significance of establishing relations on the principles of fairness at all stages of business-consumer relations was also brought to the attention of the event participants. During his speech, Mr. Baghirov also discussed other essential issues such as a number of amendments made to the legislative acts, increase on the role of entrepreneurs in protecting consumer rights, and ensuring prompt processing of consumer appeals by entrepreneurs.The conference was followed by the panel discussion on “informed and protected consumer: perspective of regulators and businesses”. Ms. Julia Polischuk from Euromonitor, Mr. Mustafa Bater from International Food and Beverage Alliance, and Mr. Ramazan Nabiyev from Food Safety Agency delivered comprehensive presentations on the topic and addressed all raised questions. Thereafter, Ms. Bensu Karahalil from Gazi University shared insights about the importance of risk assessment and communication for food safety.  Furthermore, another expert, Ms. Tutu Zeynalova touched upon existing misperceptions in food safety and role of the media in consumer protection.Summing up the conference, Mr. Elshad Farzaliyev expressed his gratitude both to the speakers and participants of the event for their valuable contributions.