Share of Online Business Registration in Ministry of Taxes Close to 50 %
As of November 1, 3238 of new legal entities were registered online and got into a single data network of the Ministry of Taxes of Azerbaijan .
As stated in the main fiscal framework , this would be for one year and nine months ( from February 1, 2012 to November 1, 2013 ) .
According to the Ministry , during the first months of last year, online registration took place on 16-17 % of legal entities , in October of this year, the share of online registration rate of 45.6 %.
As previously reported, the ministry has started online registration of local limited liability companies and other business organizations on February 1 last year. - 17D-
Economics
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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.
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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.
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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.
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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.
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