The Tax Code of the Republic of Azerbaijan

Article 35. Obligations of banks connected with registration of taxpayers
35.1. Legal entities, as well as representations and affiliates of foreign non-commercial legal entities, which are state registered by tax authorities, shall submit to tax authority the application for opening of bank account along with application for state registration or at any time upon registration, and other taxpayers- upon obtaining of certificate of registration. The tax authority on the basis of this application issues to the taxpayer no later than within 2 days the duplicate certificate. The number of duplicate certificates issued to the taxpayer is not limited and each of them is numbers. The application form submitted by the taxpayer for obtaining of duplicate certificate, and form of duplicate certificate is approved by relevant executive authority. Certificate-duplicate for the purpose of opening bank account shall be given within the term established by this article, in case if a taxpayer has no debt on taxes, interests and financial sanctions to the budget.
Upon issuance to taxpayer of the duplicate certificate as per paragraph one of this Article, the tax authority shall within 1 day submit to the relevant executive authority via electronic and/or paper carriers the information in the form set by the relevant executive authority.
35.2. Banks open (except for cases of opening of the accounts which are not connected with business activity for the non-resident) bank accounts for legal entities, their branches and representative offices, individual entrepreneurs only upon submission of the certificate duplicate, issued by the tax authority.
35.3. If the duplicate certificate was not used for opening an account within 10 days from the date of issuance it shall be deemed as invalid.
35.4. The duplicate certificate comprised of two parts. One part is remained in the bank, in which the taxpayer has opened an account, and part, called the «notification», banking authority, upon making of relevant markings shall send to issuing tax authority.
Upon obtaining from the banking institution of notification, specified in this Article, the tax authority shall insert the data in the notification into tax registration database and within 1 day shall submit this information to relevant executive authority via electronic and/or paper carriers.
35.5. Duplicate certificate allow opening of accounts only in the bank (branch of bank) specified on them.
35.6. If within 10 days «notification» of the duplicate certificate is not returned by the banking entity, the tax authority shall clarify the reason of it with the taxpayer and relevant banking entity. If duplicate certificate is not used within 10 days, the issued duplicate certificate shall be re-called and on the basis of official information from the bank that account was not opened, the relevant record is made in the registration data of the taxpayer on considering it invalid.