As of November 1 this year, 86.7% of the 1,734,871 registered taxpayers across Azerbaijan were individuals, while 13.3% were legal entities and other organizations, the State Tax Service said, APA-Economics reports.
Compared to the corresponding period of last year, the total number of taxpayers increased by 4.5%, including a 4.3% increase in the number of individuals and a 5.6% increase in the number of legal entities.
The number of registered commercial entities during this period amounted to 214,988, which is 6.4% more than in the previous year.
In October this year, 1,183 commercial entities underwent state registration. Of these, 86.8% were enterprises with local investment, while 13.2% were enterprises with foreign investment.
Some 84% of commercial entities were registered electronically. In January–October 2026, the share of electronic registrations of locally invested limited liability companies stood at 96.6%.
It should be noted that, as of November 1, 2026, 92.5% of commercial legal entities registered with the state were established as limited liability companies.