The rules for tax registration of individual entrepreneurs with the status of a natural person have been adopted, the Ministry of Taxes of Azerbaijan said. The document provides not only primary, but also the re-adoption of the registration and deregistration of this category of entrepreneurs.
As stated in the text on the page of a single portal of legal acts, the document provides the procedure for receipt of applications from business people with the status of an individual, their registration and reporting. Applications are not only on paper but also in electronic form.
Local tax authorities are required no later than 5 business days to notice this category on the adoption of tax registration. --17D-
Economics
-
According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
-
The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
-
Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
-
Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
Leave a review