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Outsiders law

Accounting Services in Azerbaijan by “SME” LLC

“SME” LLC provides accounting services of a wide range: from one-time consultations to full accounting support of your business.

More and more companies are choosing to delegate accounting. And, if some enterprises require comprehensive accounting services, then other organizations require occasional participation of a narrow specialist, temporary assistance in connection with increased volumes of work or additional project support. “SME” LLC C provides accounting services to both legal entities and individual entrepreneurs. Depending on the legal form of the entity and the specifics of its business, this can be full-fledged accounting support, zero reporting, and quarterly support. Remote accounting is especially important for small businesses in Azerbaijan. Sometimes, it is unprofitable for small enterprises to keep their own specialist on the staff, while business realities require constant accounting participation. The optimal way out of this problem is a monthly service with selective inclusion of services of a particular type. This allows effective and inexpensive solving all current problems, and if necessary, it is easy to close more global tax or accounting issues.

Our Advantages

  1. Daily customer support and advice
  2. We sign a formal agreement on provision of accounting services and are responsible for our actions
  3. Transfer of accounting is at least 4 times more profitable to us than keeping an accountant on staff
  4. Qualified specialists
  5. Confidentiality of the data of our customers
  6. We optimize taxes
  7. We minimize your accounting expenses

 

Accounting Services for Organizations and Individual Entrepreneurs

“SME” LLC provides accounting services to enterprises, LLCs and individual entrepreneurs in Baku. We are ready to take a qualified part at all stages of formation and development of the business: to assist in registration of companies, document management and submission of all types of reports.

Provision of accounting services can be both one-time and systematic. The cost of subscription services varies depending on the volume and the chosen direction of work.

 

Our Accounting Services

  • Accounting 1C
  • Preparation and submission of a VAT return
  • VAT refund
  • Calculations for VAT with state budget
  • Property tax declaration
  • Tax declaration of income
  • Reports on the State Social Protection Fund
  • Preparation of daily transactions (invoice, electronic invoices, payment orders)
  • Accounting for fixed assets
  • Negotiation with the tax authority
  • Internal audit
  • Advice on all tax issues
  • Other services and support in the field of accounting and salary accrual

 

HR accounting services in Azerbaijan

  • Conclusion on all issues of personnel records;
  • Registration of employees, including the conclusion of employment contracts;
  • Termination of employment contracts;
  • Salary calculation, salary payment
  • Personnel services, including conclusion of employment contracts, registration of employees, termination of employment contracts, documentation of transactions related to personnel (sick leave, annual leave, business trips and other available transactions)

 

Why is Working with an Accounting Company More Profitable than Hiring an Accountant?

For operation of even one full-time accountant, an equipped workplace is required, assuming the availability of a computer, phone and other office equipment, purchase and installation of accounting programs.

During outsourcing, the specialist already has everything necessary, including software, which means that there will be no extra costs.

A full-time employee is always entitled to rely on payment of wages, regardless of his/her presence at the workplace at one time or another (vacation, maternity leave, sick leave, and so on). In addition, you must constantly pay taxes and salaries.

  1. The price is 40-60% lower than the staff accountant
  2. The staff of qualified employees of our company
  3. Availability of accounting all working days
  4. No diseases, maternity leaves, holidays;
  1. Economy of accounting, legal programs, administrative expenses
  2. Saving own time

 

how do we get started?

ACCOUNTANT


We appoint the Chief Accountant. He will be the main contact person in “SME” LLC.

 

 

 

 

BASE 1С

 

 

CLOUD

  1. We create for you a storage in the «YANDEX» cloud for uploading documents. Send them from your computer or phone, as you like, the main thing is that we can read them. They will also be available to you at any time and in a systematic manner.

 

BANKING


We get access to your online banking, without the right to sign. All outgoing payments will be made only with your consent. We will upload information about transactions and create payments orders for signature.

 

REPORTING


We get access to your certification center office. Again, we will not sign documents without your consent. We create reports, upload and create electronic documents.

COMMUNICATION


We create a chat group for communication:

In the usual messenger(WhatsApp) –simple and clear. The group includes yo9u, the Chief Accountant, all your employees whom you deem necessary to include in it, as well as our additional employees, depending on the services you have chosen

 

WE WORK!


We are starting our fruitful cooperation!

Consulting company “SME” was founded by Doctor of Economics and lawyer Namazov Ilgar in 1990.

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  • +994 51232 49 59
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  • Luxen Plaza, 31 Khatai Avenue, Baku AZ1008

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Rimma Zeynalova

Chief legal lawyer

Rimma holds a master’s degree in law from the Moscow State Industrial University, which she obtained in 2017. With over 7 years of experience in the legal field, Rimma specializes in corporate law, commercial law, dispute resolution, and legal consultations in tax and labor law. She has extensive experience in client work, negotiations, and representing company interests in court.

Subhan Namazov

Founder and director of the company

Subhan has many years of experience in business management and development. He holds a master’s degree in management from Western University of Azerbaijan.
His specialization includes corporate law, where he helps companies establish a legal foundation for effective management and growth. In tax law, Subhan ensures the optimization of tax strategies and compliance with legislation, facilitating successful business financial planning. In financial and banking law, he provides consulting on legal aspects of financing and banking operations, which strengthens the financial stability of the company’s clients and partners.
With his expert support in these areas, Subhan successfully helps companies achieve their goals by solving complex legal and managerial tasks.

Panfyorova Sofya

Accountant - specialist

She obtained a bachelor’s degree in world economics from the Azerbaijan State University of Economics. Sofya has experience in accounting and specializes in maintaining records, preparing tax reports, analyzing financial data, and drafting budgets. Her professional practice includes client interaction, financial audits, and ensuring compliance with tax laws.

Yelena Ismailova

Lead human resources accountant

She obtained a bachelor’s degree in Finance and Credit from the Azerbaijan State University of Economics in 2006.
Yelena has more than 15 years of experience in accounting and HR administration. She is skilled in payroll accounting, HR documentation preparation, personnel calculations, and ensuring compliance with labor laws. Her specialization includes drafting employment contracts, calculating leave and benefits, maintaining time records, and liaising with regulatory authorities.

Ismail Ismailov

Client manager

Ismail has experience in client management and support. He obtained a bachelor’s degree from the Academy of Public Administration under the President of the Republic of Azerbaijan.
Ismail specializes in identifying and attracting new clients, building long-term relationships with corporate partners, and developing and implementing strategies to improve client experience. His skills include negotiations, contract conclusion, and market data analysis to enhance customer service quality.

Gulustan Isaeva

Junior lawyer

Gulustan graduated with a bachelor’s degree in law from Baku State University in 2024.
Gulustan specializes in preparing legal documents, conducting legal research, organizing meetings, and supporting transactions. She is skilled in business correspondence, client consultations, and assisting the chief legal officer in corporate and commercial law matters.

Nazrin Hajiyeva

Director’s assistant

Nazrin obtained a bachelor’s degree in Accounting and Auditing from the Azerbaijan State University of Economics in 2018.
Nazrin has over 5 years of experience in administrative support. She specializes in coordinating work schedules, organizing meetings and events, handling business correspondence, and preparing reports and documentation. Nazrin possesses excellent project management and interpersonal communication skills, which help her effectively collaborate with employees and clients.

Gunel Bayramzade

Business Partner and Executive Director.

Gunel Bayramzade holds a Bachelor’s degree in English from the Azerbaijan University of Languages. With extensive leadership experience, Gunel Bayramzade serves as the Executive Director and Business Partner at SME. Known for her strategic vision and commitment to improving operational efficiency, Gunel Bayramzade has played a key role in shaping the company’s direction and driving its growth. Her focus on fostering innovation and creating a dynamic work environment has helped SME achieve significant success. Through her keen insight into identifying opportunities and dedication to talent development, Gunel Bayramzade ensures that each team member contributes meaningfully to the company’s success. She strives to maintain a forward-thinking approach while achieving both short-term and long-term goals.

Jafar Alizade

Chief financial director

Jafar received a master’s degree in auditing from the Azerbaijan State University of Economics in 2009. Jafar Alizade has over 15 years of experience in financial management and tax matters. He specializes in budget management, financial analysis, investment planning, and tax expense optimization. Jafar has extensive experience in developing and implementing financial strategies to improve company profitability and sustainable growth, as well as in tax accounting and planning. He is responsible for preparing tax reports, optimizing tax obligations, and interacting with tax authorities. Jafar possesses in-depth knowledge of Azerbaijani law and international tax agreements, allowing him to successfully advise clients on taxation matters.

Vugar Abdullayev

Chief accountant

Vugar Abdullayev has over 14 years of experience in accounting. He possesses deep knowledge in financial accounting, tax planning, auditing, and budgeting. He specializes in preparing financial statements, managing tax risks, controlling cash flows, and ensuring regulatory compliance.

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