Corporate Governance and Compliance

• Creation, liquidation, and reorganization of legal entities
• Market entry and market exit analysis and implementation
• Establishment of joint ventures using contractual and corporate mechanisms
• Evaluation of the effectiveness and transparency of corporate governance structures and holding structures
• Development of internal regulatory documents
• Support for the activities of the Board of Directors, including corporate secretary services
• Advising directors on rights implementation and compliance with obligations
• Management of corporate documents, including annual disclosure of information in compliance with regulatory requirements and -internal requirements of corporate groups.

Through our integrated approach, we aim to assist clients in achieving their corporate objectives and ensuring compliance with legal and regulatory frameworks.

As Azerbaijani legislation does not envisage a requirement for adopting a corporate governance policy for companies (except banks) and does not stipulate a framework for such a policy, companies generally involve external consultants to develop such documents. While Azerbaijani legislation stipulates corporate-related requirements, the existing norms have not been updated for more than a decade.

Hence, companies also engage consultants for assistance with relevant projects, including the preparation of charters for the companies that meet international best practices and legislative requirements, preparation of various policies that are parts of corporate governance, including procurement policies, conflict of interests, etc., analysis of companies' corporate setup and documentation in order to identify main gaps with international best practices and legislative requirements, and assistance with the liquidation of companies in Azerbaijan.