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 

Luxembourg company’s subsidiary established in Azerbaijan

New state-run company established in Nakhchivan

A SOCAR subsidiary established

Universal Lombard announces liquidation

Universal Lombard LLC has announced liquidation

Microsoft evades taxes

Microsoft reported that the U.S. Internal Revenue Service demanded that it reimburse unpaid taxes in the amount of $28.9 billion.

KIA employees plan strike in South Korea

KIA employees decided to go on strike with demands for higher wages and shorter working hours.

Holding has rebranded - head also changed

One of the subsidiaries of one of the largest holdings in Azerbaijan, Sara INVEST Holding, has been renamed for Gulüstan Tekstil LLC.

Rate of companies in Nakhchivan has grown 32-fold

The number of registered taxpayers in Nakhchivan has doubled.

BOA AGENCY increases authorized capital

Gabala Cannery reduced its capital

Gabala Cannery LLC has announced reduction in the authorized capital.

3 more pawnshops created in Azerbaijan

The State Tax Service under the Ministry of Economy has registered Şans Lombard LLC, Qızıl Lombard LLC and Inci Gold Lombard LLC.