Dear colleagues,
ABC Consulting presents a brief overview of the key tax developments and updates relevant to businesses operating in Azerbaijan.
First. By October 15, mandatory social and insurance contributions must be paid. By October 20, companies should file and pay VAT, road tax, simplified tax, and payroll-related taxes. We recommend ensuring that your accounting schedules are aligned.
Second. As of October 1, new tax control regulations for marketplaces are in effect. All tenants must register with tax authorities before starting operations, while market owners are required to regularly report on lease agreements.
Third. On January 1, 2026, personal income tax exemptions will expire. We advise reviewing compensation and salary structures in advance.
Fourth. Tax revenues from the non-oil sector increased by nearly nine percent, reflecting continued growth in the real economy and expanding opportunities for business.
Fifth. The profit tax rate for foreign branch offices has been reduced, and new incentives have been introduced for green energy and public-private partnership projects.
We recommend conducting an internal audit of your tax status, reassessing financial and HR policies, and exploring incentive mechanisms available under current legislation.
ABC Consulting — your trusted partner in taxation, accounting, and corporate management. We monitor changes so you can focus on your business.