Rate of companies in Nakhchivan has grown 32-fold

12:38 - 11.10.2023

October 11, Fineko/abc.az. The number of registered taxpayers in Nakhchivan has doubled.

Over Jan-Sept 2023, 4,340 new taxpayers were registered in the Nakhchivan Autonomous Republic.

ABC.AZ reports that 89.6% of them were individuals and 10.4% - legal entities and other organizations. Compared with Jan-Sept 2022, the quantity of registered taxpayers doubled. In particular, the rate of individuals grew 1.8-fold and legal entities 32-fold.

From January to September, 64% of commercial organizations were registered in e-form and 36% on the basis of applications through paper media.