16:43 - 6.11.2026

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November 6, Fineko/abc.az. In Azerbaijan, it is proposed to exempt income earned from the export of locally produced goods and services rendered within the country from profit tax for five years.

According to the amendments to the Tax Code, the amount of the benefit will be calculated in proportion to the share of export revenues in the taxpayer's total income, and its maximum limit will be 25%.

At that, export operations of persons working in the public, oil and gas and financial sectors will not be subject to the benefits. An exception is provided for reinsurance activities: income from the sale of reinsurance services abroad will also be included in the scope of tax benefits.

Thus, reinsurance companies operating in Azerbaijan will be able to benefit from income tax benefits within the established limits for income from services provided in foreign markets for five years. This measure is aimed at stimulating the export of local reinsurance services and expanding the country's export potential in the service sector.

In Azerbaijan, the income tax rate is 20%.