From October 1, a ban on this activity is being introduced in Azerbaijan

From October 1, the actual activities of tenants will be permitted only if the rented properties are registered with the tax authorities.

As reported by BAKU.WS with reference to the State Tax Service, these requirements are provided for by amendments to the Tax Code.

Control over their implementation is assigned to the owners of markets, who are obliged to quarterly provide tax authorities with information about taxpayers with whom lease agreements have been terminated, suspended, or continuing activities.

In addition, owners must, within six months from October 1, ensure the registration of all business facilities and tenants that are not registered.

The new requirements are aimed at preventing illegal business activities and legalizing rental relationships.