Complex sentence: The party was founded on July 3-4,1992 and was officially registered in the Justice Ministry on July 17 the same year, reestablishing multi-party system in Azerbaijan after 70 years of Soviet rule.
Split into simpler sentences: The party was founded on July 3-4,1992 and was officially registered in the Justice Ministry on July 17 the same year. Thus, multi-party system was reestablished in Azerbaijan after 70 years of Soviet rule.