Ministry for Taxes of Azerbaijan

SOCAR Petrofac company registered in Azerbaijan

A joint venture of Azerbaijan’s state oil company SOCAR and UK’s Petrofac international service provider to the oil and gas production and processing industry - SOCAR Petrofac passed state registration, the newspaper of …

Azerbaijan's Tax Code to be amended

Azerbaijan's Ministry of Taxes is developing a new package of amendments to the Tax Code, the republic's Minister of Taxes Mikayil Jabbarov said at the 'Taxes. Transparency. Development' conference. …

Azerbaijani parliament adopts state budget for 2017

The Azerbaijani parliament (Milli Majlis) adopted the draft state budget for 2017 during its plenary session on December 16. According to the document, revenues of the state budget are forecasted at the level of 16.255 billion …

 Azerbaijan to help small and medium-sized businesses

Azerbaijani Deputy Taxes Minister Ilkin Valiyev said that Income tax and value added tax (VAT) rates for small and medium-sized enterprises engaged in production will be reduced in the country. He made the remarks at a …

Azerbaijan's budget won't dependent on oil any longer

The Ministry for Taxes of Azerbaijan replenished the state budget by 4.1 billion manats in the first seven months of this year. Thus, the revenue forecast is executed by 101,9%. It is planned that 7.11 billion manat will be …