New infrastructure under construction in Baku and surrounding settlements

Rules and list of simplified tax benefits

The Azerbaijani MPs have passed a proposal at today`s Milli Majlis session, concerning the introduction of a tax regime in the new Chapter XVIII of the Tax Code

Temporary tax benefits to cover these spheres of activity

At today`s session Milli Majlis adopted a proposal for the introduction of a tax regime in the new Chapter XVIII of the Tax Code

Azerbaijan to introduce temporary tax regime - Change in Tax Code

As a result of the spread of the coronavirus pandemic, a temporary tax regime will be introduced in Azerbaijan due to significant changes in economic conditions

Georgia`s economy is highly dependent on Russia

Georgia`s economy is largely dependent on Russia.

Azerbaijan Accounts Chamber provided a report in video format

The Collegiate Organ of the Azerbaijan Chamber of Accounts has held a regular meeting

VAT refund rules - EXPLANATION

Elchin Mammadov, the head of the Main Department of the State Tax Service under the Ministry of Economy, has commented on the issue of returning part of the VAT paid for goods purchased at retail or catering facilities

Azercosmos gets income of $10 million for Jan-Mar 2020

Over Jan-Mar 2020 Azercosmos exported services to 24 countries in the amount of $10.4 million.

Nakhchivan`s foreign trade turnover exceeds $70 million

The foreign trade turnover of the Nakhchivan Autonomous Republic exceeded $70 million

Vugar Gulmammadov: Compared with previous year, number of errors decreased by 21.4%

The Accounting Chamber of Azerbaijan conducted 47 audits and six analytical events

Baker Tilly transferred AZN 15,000 to the Coronavirus Support Fund

Elman Rustamov: Inflation is at an acceptable level

A regular meeting of the Council for Cooperation with Entrepreneurs under the Board of the Central Bank has been conducted

Registration documents to be delivered to owners` addresses due to quarantine

In the period of the special quarantine citizens will be provided with ready-made documents related to the state registration of property at their addresses

Vusal Gasimli: Azerbaijani government undertakes main risks of ensuring manat stability

Vusal Gasimli: Azerbaijan is one of 3 states whose economies least affected by pandemic

According to the forecast of the International Monetary Fund, while the global economy will shrink by 3% in 2020 as a result of the pandemic, and the economy of oil-exporting countries in the Middle East and Central Asia - by 3.9%, the Azerbaijani economy will shrink by only 2.2%.

President orders on allocation of financing for improvement of 10 cities

President Ilham Aliyev has signed an order on the additional measures aimed to improve the supply of irrigation water to cultivated areas and meet the needs of the population for drinking water

IMF to help to 103 countries – relevant matter under consideration

Kristalina Georgieva, the president of the International Monetary Fund spoke about the difficulties of the pandemic period and its impact on economic activity

IMF president: Income per capita in 170 countries to fall this year

Global economic activity will be reduced on a scale not seen since the great depression of 1929

Tax payment date announced - Term extended

The deadline for filing tax reports and paying taxes during the special quarantine regime has been announced

Data published on money spent on house construction for Jan-Mar

57.5% of the financing allocated for fixed assets for Jan-Mar 2020 was directed for the construction & installation works.

Over AZN 46 million transferred to accounts of these entrepreneurs

The State Budget allocated totally AZN 46.915 million within the five tranches to date to provide the financial support to employees and individual (micro) entrepreneurs working in the pandemic-affected spheres.