In January this year the Ministry of Taxes registered 8,622 taxpayers (excluding individuals attracted to income tax). This is 1 % more than in January 2013.
As of February 1 this year, the number of registered taxpayers is 544 981. This is 55 more than 800 units on an annualized basis.
Taxes Ministry does not provide information about the statistics of registered legal entities and individuals, as well as non-profit organizations. Also do not have information on the electronic registration of individuals and legal entities.
Typically, the registration of local business entities takes no more than 1 day. For foreign companies, their branches and representative offices, this period lasts no more than 2 days. - 08D-
Economics
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The 29th Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change has taken a significant step towards a unified global response to climate change. On the first day of discussions in Baku, participating countries reached a historic agreement on the rules governing the creation and trade of carbon credits. This decision paves the way for the launch of multibillion-dollar carbon credit markets, to be overseen by the United Nations, potentially as soon as next year.
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The State Oil Company of Azerbaijan (SOCAR), Albania’s Ministry of Infrastructure and Energy, and Albanian gas company Albgaz signed a memorandum of understanding (MoU) on Sunday in Baku during the 29th session of the UN Climate Change Conference (COP 29).
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The Green Energy Corridor project, aimed at delivering green energy from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, and Bulgaria, has entered the investment assessment phase, according to Georgian Deputy Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili.
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Azerbaijan’s state oil company SOCAR and Italy’s Italgas signed a cooperation agreement on Sunday during the 29th session of the United Nations Framework Convention on Climate Change (COP29), aimed at accelerating the energy transition.
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