Provides advice on how to perform due diligence and in what areas it is necessary for a U.S. company. Includes information on the U.S. Commercial Service International Company Profile service.
Last Published: 7/2/2019

Accurate financial documentation and credit history can be difficult to obtain for some potential buyers and partners.  A 2013 commercial secrecy law complicates due diligence efforts, because it limits the information banks and other financial institutions can share with third parties about Azerbaijani companies.  Additionally, understanding the corporate structure of a company or discovering who the beneficial owners, major partners, or shareholders are can be difficult.  Failure to perform a careful survey of former partners, clients, and competitors jeopardizes investments and commercial deals.  Recourse in such instances is limited, and even where arbitration clauses are respected they can take a long time to resolve.  Despite these difficulties, many Azerbaijani firms have established track records of positive work with international firms.  Companies may contact the U.S. Embassy to discuss their plans in Azerbaijan.  The Commercial Section can help U.S. clients determine the bona fides of prospective foreign business representatives or partners.
 

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.