Ministry of Taxes of Azerbaijan in January-November registered 66 162 taxpayers, including 30 221 entrepreneurs registered in the electronic form (45.7 % of all businesses and individuals that are registered in this period).
According to the report on the profiled site office, as of December 1, 2013 the total number of taxpayers in the country was 533 093 (+ 11.8 % per year).
The share of tax returns, taxpayers sent to the Ministry of Taxes in electronic format was 90.4%.
Recall Azerbaijan from January 1, 2008 started business registration system on the principle of "single window". Under this system, the process of registration of legal entities and natural persons engaged in commercial activities shall be made within three days by the Ministry of Taxes . - 17D-
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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