Number of VAT payers of Azerbaijan grew by 40%

The share of the cash mass in turnover in manats in terms of the transparency of the economy and turnover at the beginning of 2018 made up 60.1% and fell to 52.9% by the end of this June

Registration on e-invoices grew by 7%

The registration on e-invoices increased by 7% up to 61.3% in the total turnover of the nonoil sector for the first 6 months of 2019

This year`s revenues from social insurance contributions exceed AZN 1 bn

Highest growth rate of tax revenues recorded in communications sector of Azerbaijan

The Ministry of Taxes has reported that growth of tax revenues was observed in all spheres of activity of the nonoil sector for the first 6 months of the current year

Growth of VAT, excises, property and profit taxes registered in tax revenues

Azerbaijan`s tax revenues in nonoil sector exceed AZN 2 bn this year

Tax revenues on the oil & gas sector totaled AZN 2.545 bn for Jan-Jun 2019

Tax Ministry has met tax forecast by 108.8%

AzerGold achieves a record in extraction of gold and silver

In July AzerGold produced a record amount of gold for this year

Economy Minister: Up to AZN 50 million of subsidized loans given to entrepreneurs for 1st half of 2019

Economy Minister: 45 residents start operating in industrial parks and towns of Azerbaijan

Azerbaijani Tax Minister: This year number of on-site tax audits fell 2.7-fold

This year the number of on-site tax audits decreased by 2.7 times (versus 2018) and by 6 times (against 2017)

Tax Minister: Nonoil sector share in tax revenues reaches 70.1%

The share of nonoil sector in tax revenues reached 70.1% in 2019 and this is a significant increase versus 65.8% in 2018

Tax Minister Mikayil Jabbarov: Consolidated budget received AZN 4.95 bn from Taxes Ministry

The Azerbaijani Cabinet Ministers conducted yesterday a meeting on socio-economic sector, chaired by President Ilham Aliyev

President Ilham Aliyev: Over $6 bn invested in Azerbaijani economy for 1st half of 2019

The trade turnover of Azerbaijan showed sufficient growth of over 20%

President Ilham Aliyev: Nonoil industry growth by 15.7% for first 6 months very encourages

The Cabinet Ministers held yesterday a meeting on socio-economic sector, chaired by President Ilham Aliyev

Central Bank`s chair: Inflation is expected at 4% by end of 2019

President signs a decree on approval of Tax Ministry structure

President Ilham Aliyev has signed a decree on the approval of the structure of the Ministry of Taxes

Forms of quarterly reporting on compulsory state social insurance and unemployment insurance changed

The Ministry of Taxes approved the new versions of forms "Quarterly report on compulsory state social insurance" and "Quarterly report on unemployment insurance", as well as the rules for preparation of these reporting forms

Azerbaijan observes a rise in fabrication of finished metal products

Output estimated at AZN 357.1 million was manufactured in the metallurgical industry and production of finished metal products for Jan-Jun of this year

Tax minister met with director general of Israeli Tax Authority

Tax Minister Mikayil Jabbarov met with Eran Yaakov, the director general of the Tax Authority of Israel

Economy Minister: Azerbaijan-Afghanistan trade turnover grew by 37% for 2018

Economy Minister Shahin Mustafayev met with the delegation of the Islamic Republic of Afghanistan, led by Mohammad Humayun Qayumi, Finance Minister and chief advisor on infrastructure and technology to president