Entrepreneurs to Be Classified

On June 8 came into force criteria of large, medium and small businesses, approved by the Cabinet of Ministers of Azerbaijan.

According to the report on the government website, the criteria were adopted in accordance with the requirements of the law "On regulation of business checks and protect the interests of entrepreneurs", which entered into force in 2013.

According to the document, the Ministry of Taxes is instructed to submit to the State Statistics Committee data on the annual income of businesses (not later than 20 April of the following year). The same data in the same time frame will be received by the Ministry of Labour and Social Protection, which will be submitted figures on the number of employees.

The State Statistics Committee no later than 10 May of the following year will classify entrepreneurs based on the approved criteria and present this list to the single register of data on inspections conducted in the field of entrepreneurship. --17D-

Leave a review

Economics

Follow us on social networks

News Line