An online webinar on Doing business in Azerbaijan will be held on the 3rd February, 2022.
In the rankings, released by Chambers & Partners, GRATA International has confirmed its standing as one of the leading firms in Central Asia and Caspian region. Teams in Azerbaijan, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan received ratings across major practice areas.
On December 2, 2021, GRATA International held the final international online conference: "Public-private partnership and infrastructure development in Eurasia: recent changes in legislation, main problems and opportunities" for this year.
Adoption of the Rules regarding implementation of Article 111.3 of the Tax Code
On September 22, 2021, the Cabinet of Ministers of the Republic of Azerbaijan (“CabMin”) adopted Resolution #276 on approval of the Rules “On deduction of amounts attributable to the creation of special reserve funds for taxation purposes” (“Rules”).
On September 30, 2021, the conference: Specifics of concluding a license agreement in: Azerbaijan, Belarus, Georgia, Kazakhstan, Mongolia, Russia, Uzbekistan was held.
On July 12, 2021, Milli Majilis of the Republic of Azerbaijan adopted a new Law “On the Use of renewable energy sources in the production of electricity” dated May 31, 2021
Consisting of 3 chapters and 20 articles, this law regulates the legal, economic and organizational bases for the use of renewable energy sources in the electricity generation, as well as support mechanisms to promote the electricity generation from renewable energy sources and other relations in this field.