Information about company’s founders to be considered confidential in Azerbaijan

The law on "Commercial classified information" has been amended at the meeting held at the Azerbaijani Parliament today, Trend reports.
While informing MPs with amendments, chairman of the Parliamentary Committee on Economic Policy Ziyad Samadzade said that the changes have been made to the fourth article of the law - "Commercial classified information."
According to the amendments, the information about the founders (participants) of the commercial entities - legal entities, and their share in the authorized capital will be considered as confidential. The laws on "State Registration and State Register of Legal Entities" and "Getting information" were also amended.