The entrepreneurs - residents of Azerbaijan, working in Italy, have received opportunities of tax benefits. According to the information of the Ministry of Taxes of Azerbaijan, the government of this country has put local businessmen in the so-called "white list" of jurisdictions in tax matters, which will improve conditions for entrepreneurs.
Recall, the majority of exports to Italy ($ 885,712,710, according to the Customs Committee by August 1) falls on crude oil, whilst the imports of Italian goods amounted to $ 209.08 million.
The "white list" approved by the Ministry of Economy and Finance of Italy includes 123 countries. Tax incentives include the provision of tax holidays for certain types of income. --17D-
Economics
-
On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
-
Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
-
Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
-
While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
Leave a review