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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Azerbaijan is set to significantly increase the proportion of electricity generated from renewable sources, currently standing at 14.4%, Deputy Economy Minister Samad Bashirli announced on Thursday at the Think Tanks Forum of the Organization of Economic Cooperation (OIC) held in Baku.
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Azerbaijan has entered into a partnership with Italian energy firm Technip Energies SpA to implement a pyrolysis oil production project aimed at enhancing waste recycling and promoting sustainable development, officials said on Tuesday.
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Belarus and Azerbaijan signed multiple cooperation agreements on Tuesday following talks between Belarusian Prime Minister Roman Golovchenko and Azerbaijani Prime Minister Ali Asadov during Asadov’s official visit to Minsk on October 3.
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Azerbaijan's state borrowings continue to increase, despite the country still benefiting from high global oil prices. The Ministry of Finance of Azerbaijan reported that as of the first half of 2024, the country's state debt amounted to 25 billion manats, which corresponds to 21% of its Gross Domestic Product (GDP).
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