In Azerbaijan, these individuals are exempt from taxes and customs duties until 2033
Be the first to know
Legal entities and individuals registered for tax purposes in the Karabakh and East Zangezur economic regions and carrying out activities directly in the specified territories are exempt until January 1, 2033, from value-added tax and customs duties on the import of machinery, technological equipment and installations, raw materials and supplies.
As reported by Baku TV, this was stated by Fariz Ahmadov, Deputy Head of the Department of the Ministry of Economy.
According to him, business entities are also provided with exemptions from profit tax, property tax, land tax, and simplified tax.
More details in the video:
Similar News
The Central Bank of Azerbaijan made a decision on the key interest rate
The Central Bank of Azerbaijan (CBA) has kept the discount rate at 6.5%, leaving the interest rate corridor parameters unchanged. As reported by the CBA, the lo...