Biznes Qeydiyyat Qaydaları

Welcome to PASHA Bank

Easily register your business
and start growing today

Use our easy step-by-step guide to register your business
and join PASHA Bank today!

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Instructions for individual entrepreneur registration

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Step 1

Obtaining an electronic signature

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An electronic signature is required to access tax services. There are two types of electronic signatures: SIMA and ASAN Imza. SIMA allows you to register and use it without leaving your home. ASAN Imza will be required for the next steps.

To obtain ASAN Imza, contact a mobile operator. You must have an existing number or acquire a new one. Activation is carried out at ASAN Service centers.

ASAN Imza is available in both personal and business types. A business signature is required for individual entrepreneur registration. Be sure to specify this when obtaining ASAN Imza.

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Step 2

Entering General Information

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Navigate to the individual registration section. Go to the SIMA Imza section, scan the QR code, and proceed to the next step. In accordance with Article 33.4 of the Tax Code, an individual must click the "Register" button. In the General Terms section, select whether you are engaged in entrepreneurial or non-entrepreneurial activities.

Some types of activities require a license (details available here).To proceed, first choose an activity that does not require a license, as obtaining one requires a TIN. Once your TIN is issued, you can add the license.

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Step 3

Providing Address and Contact Details

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Enter your actual address. A verification code will be sent to your phone.

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Step 4

Submitting the Application

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Review and confirm all details. Click the Confirm and Submit button.

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Step 5

Receiving the Certificate

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You will receive an email within 2–3 hours. Go to the Mail section to download your certificate.

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Step 6

Opening an AZN Account at the Bank

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Open an account online at PASHA Bank. A manat account is mandatory. For international transactions, add a foreign currency account.

The difference between an individual entrepreneur and a legal entity

The differences will help you choose the legal form

Individual entrepreneur Legal entity
doneOne person doneNot tied to a specific individual
doneLiable for debts with their own assets doneLiable for debts only with its own assets
doneDoes not pay tax on dividends doneThe founder pays a 10% tax on dividends
doneProfits from the business activities belong entirely to them doneProfits belong to the company and not to the founders
Both individual entrepreneurs and legal entities can enter into contracts, hire employees, buy and sell goods, rent warehouses, and build production facilities, etc.

Other products you can use

These products will help you manage and grow your business faster

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Payments

Make your payments conveniently through Pasha Bank Business

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mPOS

Take the advantage of accepting contactless payments via android mobile devices replacing traditional POS-terminal

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E-contract

Create a service contract template quickly by providing just a few key details

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Financial guide

Simplifies your accounting tasks and guides you in your tax payments

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Counterparty check

Simply enter the company TIN to access tax, legal, tender, sanction, and media information about partner companies

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Loan

Get the business loan from 11% per annum without collateral!

Open an account at PASHA Bank

Open an account at PASHA Bank: Collaborate with us to grow your business – we provide professional and innovative solutions!

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