A Coca-Cola bottling plant also opened in 1996, under a Turkish licensee. Macdonald's is readying itself to open a restaurant in Baku before the year ends. U.S. firms seeking to develop an export market in Azerbaijan are encouraged to set up their own representative offices using expatriate or local sales staff. Ongoing changes to the legal infrastructure require close contact with the local market in Azerbaijan. Before actually establishing an office in Azerbaijan, contact the Commercial Section of the U.S. Embassy.
Foreign investors can form joint ventures with local companies or other foreign investors.
Privatization auctions are open to foreign investors who have purchased options to buy privatization vouchers. Lack of clarity in the tax regime can lead to unanticipated tax claims from various levels of taxation authorities. New tax legislation is under preparation. These are the only accepted commercial forms of Azerbaijani legal entities. Companies must register as one of these entities with the Ministry.