Shaping the market before the law takes effect
Building Azerbaijan's crowdfunding market together
AKPA is an industry association for future crowdfunding platform operators, businesses, investors, banks, lawyers and IT companies. The law takes effect on 24 January 2027.
Law takes effect
Days until the law takes effect
Choose your path
Start with your role and open the relevant guide.
What is crowdfunding?
Crowdfunding lets a business raise money from many investors through an online platform. Each investor puts in a small amount, and together they cover the company's need. In Azerbaijan, the rules for this market will be set by Law No. 450-VIIQ and Central Bank acts.
- 1A company publishes an offer on an operator's platform.
- 2Investors review the key information and invest small amounts.
- If the raise succeeds, the company receives the funds.
- If the target is not reached, funds are returned to investors.
For platforms
Operator requirements, how to join the association, and market standards.
Learn moreFor businesses
How to raise capital: shares or bonds, and a readiness checklist.
Learn moreFor investors
How it works, what the risks are and how investors are protected.
Learn moreNews and events
No posts yet. The first materials will be published soon.
Help shape the market
Leave your email and we will send news about the association and Central Bank acts.
How will a platform work?
We are preparing a demonstration prototype of a platform. It shows the investor and project owner journey with test data. No real money or real projects are used.
Current initiative status
- The association has not yet completed legal registration.
- The site and preliminary application system are being tested locally.
- Membership fees and investment acceptance are not enabled.