The Law "On public-private partnership" entered into force on December 27, 2022
From the date on which this Law entered into force, the Law "On implementation of investment projects related to construction and infrastructure facilities on the basis of special financing" has lost its legal force.
The Law “On the safety of food products” entered into force on January 1, 2023
According to the new Law, the food products are unprocessed, semi-finished or fully processed products intended for human nutrition, including food additives, biologically active food products, food raw materials, beverages (alcoholic and non-alcoholic), drinking water (bottled), salt and chewing gum
Amendments were made to the Presidential Decree "On additional measures for improvement of social wellbeing of the population" in connection with the minimum salary amount
Amendments were made to the Presidential Decree "On additional measures for improvement of social wellbeing of the population" in connection with the minimum salary amount.
The amount of penalty for violation of the rules and procedure for submission of reports to the tax authorities by transnational corporations (whose turnover exceeds 750 million AZN) is increased
According to Article 16.9 of the Tax Code, in case the total income of a group of transnational corporations in a fiscal year exceeds the AZN equivalent of 750 million euro
Amendments to the Migration Code of the Republic of Azerbaijan establishing incentives to persons engaged in labor activity in the liberated territories were adopted
As per the amendments, the issuance of work permits to persons engaged in labor activities in the liberated territories will be carried out without applying the labor migration quota.
The Labor Code of the Republic of Azerbaijan was amended with regard to the persons engaged in labor activity in the liberated territories.
The new amendments introduced the definition of specialists working in the liberated territories of the Republic of Azerbaijan as a person working based on an employment agreement (contract) in the territories of the Republic of Azerbaijan liberated from occupation, who has a state document on professional, secondary or higher education, and at least 24 months of seniority in the last 60 months.