During the next six months, local municipalities will be connected to a centralized information system of mass payments (Automated payment utility service or APUS) state payment portal.
At the news briefing in the Information and Computing Center, the Deputy Director of the Department for the Payment and Settlement System of the Central Bank Vahid Gurbanli said that the local self-government needs access to a system of online-payment for services rendered. For their connection to the portal technical equipment is required and after the formation of the information systems they are ready to accept payments in real time, he said.
Recall the account of the Ministry of Taxes has implemented a pilot project on the use of electronic registration of payers of municipal taxes in eight municipalities of the country. The projects successfully tested the automated tax information system of municipalities (BVIS), allowing automation of all operations associated with the payment of municipal taxes.
The Tax Code of Azerbaijan Republic considers municipal the land tax on individuals and the tax on personal property. In addition, local governments have the right to levy a mining tax on construction materials of local importance, as well as a tax on profits of enterprises and organizations in municipal property. --17D-
Economics
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The Baku International Sea Trade Port, a critical link in the Middle Corridor connecting East and West, handled 7.6 million tons of cargo in 2024, marking a 3.2% increase from the previous year. This growth underscores the port's expanding role in global trade and its significance as a transit hub for countries such as China, Turkey, Georgia, Iran, and Russia.
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Azerbaijan’s state oil company SOCAR has acquired a 3% stake in the offshore SARB and Umm Lulu concession in the United Arab Emirates (UAE) from Abu Dhabi National Oil Company (ADNOC) for $285 million, marking a significant step in deepening energy ties between the two nations. The transaction, completed in May 2024, was completed in January 2025.
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The Baku Small and Medium Business (SME) House and the Miniboss Business School have signed a memorandum of understanding aimed at developing entrepreneurial skills among children, the Small and Medium Business Development Agency (KOBIA) reported on Monday.
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In 2025, Azerbaijan's information security and digital infrastructure remain under pressure, as experts highlight the absence of a National Internet Exchange Point (IXP). Osman Gunduz, head of the NGO Multimediya, has renewed calls for the Information and Communication Technologies Agency (İKTA) to spearhead the creation of a Milli İnternet Mübadilə Mərkəzi (National Internet Exchange Centre) in collaboration with key local providers Azertelecom, Delta Telecom, AzTelekom, and global industry leaders.
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