OREANDA-NEWS. February 02, 2010. Rauf Namazov, the head of the Ministry’s Main Department of Economic Analysis & State Registration of Commercial Legal Entities, says that in 2008 they registered 44,277 business entities and in 2009 already 44,539 ones on one stop shop principle.

“11,403 out of 88,397 business entities registered over the last two years on one stop shop principle are commercial juridical entities,” Namazov said.

Use of one stop shop in tax system allowed reduction of the procedure of business launch from 13 to 6 days and term of registration itself to 3 days. The list of the required documents lowered five-fold.