From the beginning of 2015, the tax base in Azerbaijan increased by 7,114 subjects, the Ministry of Taxes told Turan.
As of February 1, the number of registered taxpayers reached 616,242, which is 71,261 or 13% more than in the same period in 2014.
The office does not report the number of commercial legal entities registered and liquidated over the period. There are also no statistics on the contribution of new business entities into the state budget.
Since January 2008 the registration of commercial legal entities and individuals in Azerbaijan has been conducted by the Ministry of Taxes on the principle of "single window". In subsequent years, registration has been undertaken with the use of information technology. Information about the founders of commercial legal entities shall not be disclosed and it is considered confidential. ---08D
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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