What is the difference between operating in one form or another?
The main difference is that a representative office should not conduct operations in its own name or receive money paid for goods or services provided into its own local bank account. Representative offices should only provide auxiliary and preparatory services for its head office. Local subsidiaries and joint-venture companies are treated as Azeri legal entities and may carry out full economic activity in Azerbaijan. There are some tax advantages, however, to being registered as a representative office.
