Temporary Residence Permit - Corporate Management

The Temporary Residence Permit for corporate management is primarily regulated under Article 45.1.6-1 of the Migration Code of the Republic of Azerbaijan. This provision was established to support foreign investment and international business operations by allowing key personnel to reside in the country to oversee their interests. It fills the gap for foreign founders and senior executives who need to be physically present to manage their local legal entities, ensuring that businesses with foreign participation have the necessary leadership on the ground to operate effectively.

This permit is intended for foreign nationals who serve as the head of a legal entity registered in Azerbaijan, provided that the company meets specific capital requirements and has at least one foreign founder or shareholder (typically holding at least 51% of shares). It is also applicable to the heads of branches or representative offices of foreign companies. What makes this visa distinctive is its requirement for active, verifiable business activity, including a minimum turnover threshold, which ensures that the permit is used by genuine business leaders contributing to the Azerbaijani economy.