In 2013, Azerbaijan registered 72,984 subjects of taxation. This is 0.9 % more than in 2012, Turan was told in the Ministry of Taxes.
In annual terms, the number of taxpayers grew by only 56,118 subjects. This means that for the year in parallel with creating legal entities and individuals engaged in entrepreneurial activity without creating a legal entity closed their "doors" of 16,866 businesses.
According to the Ministry of Taxes , on January 1 this year, the number of registered taxpayers ( excluding individuals attracted to income taxes ) is 537 828.
Since 2008 the Ministry of Taxes is the registrar of business entities. In 2011-2012, the Office began to implement the registration of individuals and entities on the electronic system. Only in 2013, in an electronic order there were registered 30.8 thousand subjects. - 08D-
Economics
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The State Oil Fund of the Republic of Azerbaijan (SOFAZ) has reported a 3.3% increase in its gold investments compared to last year, according to the fund's investment activity results for the second quarter of 2024. Gold investments now account for $8.57 billion, or 14.8% of SOFAZ's US Dollar Portfolio.
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Azerbaijan's Minister of Digital Development and Transport, Rashad Nabiyev, announced on the social network "X" that during the visit of Israel's Minister of Regional Cooperation, David Amsalem, to Azerbaijan, discussions were held on cooperation in innovation, space, and aviation.
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Azerbaijan is bracing for heightened expectations of currency devaluation as declining oil revenues and mounting inflationary pressures fuel concerns over economic stability, experts warn.
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A delegation led by Azerbaijan's Minister of Economy, Mikayil Jabbarov, met with key Italian officials during an official visit to Italy, highlighting the strong and multifaceted partnership between the two countries.
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