Main Department of State Tax Service liquidated

The Main Department (Secretariat) of Work with Documents & Consideration of Appeals of the State Tax Service under the Ministry of Economy has been was abolished

An agreement signed on construction of a new factory in Ganja

Azerbaijan Industrial Corporation, Azeraluminium JSC and German company Achenbach Buschhutten will establish a joint venture of the aluminum industry in Ganja

President appoints Orhan Nazarli as Tax Service’s head

Orhan Nazarli has been dismissed from the post of deputy head of the State Tax Service of Azerbaijan

Innovations in tax and customs sphere - An e-register system created

The Ministry of Finance has created a "Centralized electronic register system for tax & customs benefits"

Tax benefits to be applied to Patriotic War heroes

The range of tax freedoms and benefits is expanding

Industrial production observes growth in Baku

The volume of goods and services produced in the industrial sector in Baku for Jan-Mar 2021 increased by 1.2% up to AZN 8.8 bn.

Machine-building plant n.a. B. Sardarov last year worked at a loss

The B. Sardarov Machine-Building Plant finished 2020 with net loss of AZN 407,000 (against net profit of AZN 87,300 in 2019)

A new company established – 51% of shares belong to AzerGold

The second subsidiary of AzerGold CJSC - AzerBlast LLC has been established

Fitch Ratings has updated its forecast on Azerbaijan

International ratings agency Fitch Ratings has updated its forecast on Azerbaijan’s economy

ADB predicts Azerbaijan’s services sector to increase by 2.8%

The ADB forecasts the growth of industrial production in Azerbaijan at the level of 2.1% in 2021 and 2.9% in 2022 due to the increase in gas production and the revival in the construction sector

ADB forecast: Azerbaijan's economy to grow

The Asian Development Bank forecasts GDP growth in Azerbaijan at 1.9% in 2021

Machine-building plant opens in Hajigabul

On 20 April, President Ilham Aliyev attended the opening of Elberg machine-building plant in Hajigabul Industrial Town

IMF unveils forecast on Azerbaijan's non-oil sector

According to the updated forecasts of the International Monetary Fund (IMF), this year Azerbaijan’s budget revenues on the non-oil sector will make up 25.3% of non-oil GDP

Finance Ministry: Will Customs Committee justify forecasts?

Azerbaijan’s Tax Service exceeded forecast on transfer to State Budget

Azerbaijan’s budget has surplus of over AZN 200 million

SOFAZ reduced transfer to State Budget

Azerbaijan has reported about growth of consolidated budget revenues

State Budget expenditures executed in excess

Quantity of VAT payers has increased versus 2020

The number of legal entities whose activities were activated (resumed) in the 1st quarter of this year amounted to 2,840 ones

Number of economically active population in Azerbaijan published