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Importing into Azerbaijan: Overview
Azerbaijan is located at the crossroads of Europe and Asia, which has contributed to the success of its trade policy. One of the main objectives of this policy is to expand and strengthen Azerbaijan's foreign trade relations. The Karabakh region, which was returned to the control of Azerbaijan in 2020, also represents economic potential for the country.
Supply of Goods in Azerbaijan: Overview
The Civil Code defines the standard terms of an agreement as to the pre-formulated and intended for multiple use that one party (offeror) presents to another party, and predetermined provisions are clarified through such standard terms
Exporting from Azerbaijan: Overview
Submitted applications (orders) are reviewed by a state body issuing the special permit to verify the accuracy of the information provided and determine compliance with export control rules.
Amendments to the legislation of the Republic of Azerbaijan in connection with the provision of tax and other benefits to persons engaged in activities in the field of information technology
From 1 January 2023 a number of amendments to the legislation of the Republic of Azerbaijan in connection with the provision of tax and other incentives to persons engaged in activities in the field of information technology will take effect.
Amendments to the legislation of the Republic of Azerbaijan establishing tax and other incentives in relation to activities in the liberated territories of Azerbaijan will take effect
From 1 January 2023 a number of amendments to the legislation of the Republic of Azerbaijan establishing tax and other incentives in relation to activities in the liberated territories of Azerbaijan will take effect
02.08.2022
Business relocation to Azerbaijan
Civil Code of the Republic of Azerbaijan determines incorporation of the companies by foreign entities in different forms, but most frequently chosen forms by foreign companies
Lexology Getting the Deal Through: Arbitration 2022
s your jurisdiction a contracting state to the New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards? Since when has the Convention been in force? Were any declarations or notifications made under articles I, X and XI of the Convention? What other multilateral conventions relating to international commercial and investment arbitration is your country a party to?
Amendments to the legislation in the Republic of Azerbaijan
The Law of the Republic of Azerbaijan “On making amendments to the Tax Code of the Republic of Azerbaijan” #534-VIQD which was adopted on May 13, 2022 and entered into legal force on June 10, 2022 has expanded the types of income of individuals exempt from income tax
Business relocation to the CIS countries and Georgia
In a period of unprecedented geopolitical turbulence and associated financial and logistical challenges, many entrepreneurs are considering relocating their businesses to more politically and economically stable jurisdictions. An alternative to the countries of the European Union and offshore countries can be rapidly developing member states - Armenia, Azerbaijan, Georgia, Kazakhstan, the Kyrgyz Republic, Tajikistan and Uzbekistan.
The list of commodities the advertising which is prohibited has been expanded
As per the Resolution of the Cabinet of Ministers dated 4 April 2022, the “List of commodities the advertising of which is prohibited” approved by the Resolution of the Cabinet of Ministers #414 dated 17 October 2016 has been expanded.