Legion Financial changes its organizational and legal form

Legion Financial LLC is changing its organizational and legal form.

Continental cuts jobs around the world

Continental is cutting jobs in its automotive business.

Apple to pay $25 million for discrimination in hiring

Apple is to pay $25 million in fines and compensation as part of settlement of the employment discrimination case.

This company has rebranded

PZ Turizm LLC is undergoing rebranding.

Azerbaijan sees 4% increase in tax revenues

Term to consider complaint by tax authority increases by 30 days

From 2024, the deadline for consideration of a complaint by the tax authority in Azerbaijan will be increased by 30 days.

Financial sanctions for underpayment of taxes increase in Azerbaijan

Azerbaijan is to increase the amount of financial sanctions for incomplete payment of taxes and other tax offenses from 2024.

Azerbaijan changes conditions of tax benefits for micro-entrepreneurs

Azertexnolayn reduces authorized capital

Azertexnolayn LLC has announced a reduction in the authorized capital.

If you have not registered your income, tax to be charged according to the new procedure

The tax on taxpayers whose income is not registered will be charged in the new order.

Transition to another category of entrepreneurship to be stimulated

The transition from micro-entrepreneurship to another category of entrepreneurship will be stimulated.

Interesting decision on social insurance contributions for micro-entrepreneurs

In order to optimize the amount of social insurance contributions paid for themselves by individuals who are subjects of micro-entrepreneurship, it is proposed to deduct 25% of the social insurance contributions paid from income tax and STS.

Market value of Platform X plummets

The market value of Platform X has fallen sharply compared with the same term of 2022.

Authorized capital of one of new participants in food market has increased

The authorized capital of ATS Food LLC, a subsidiary of AgroTrade Supply LLC (ATS), one of the new participants in the food market in Azerbaijan, has been increased to 38.3 million manats.

IBM increased income for Q3 by 4.6%

IBM's quarterly revenue grew by 4.6% to $14.8 billion from $14.1 billion a year earlier. Experts on average predicted this figure at the level of $14.7 billion

Meta's net profit grew by 160% for Q3

In the 3rd quarter of 2023, Meta Corporation's revenue increased by 23% up to $34.1 billion.

Last month, 205 companies with Azerbaijani capital registered in Türkiye

The number of companies with Azerbaijani capital registered in Türkiye in September 2023 has been published.

Large shopping center closes in Azerbaijan — Shareholders gather

On November 24, 2023, at 10.00, an extraordinary general meeting of shareholders of Gəncə Universam CJSC will be held.

Foreign citizen founds a company in Azerbaijan with authorized capital of AZN 1 million 

Two more leasing companies under creation in Azerbaijan

Company operating in 80 countries also arrives in Azerbaijan