New business opportunities in Azerbaijan: Tax and Customs duty exemptions
Effective January 1st, 2025, new amendments set to benefit the private sector in Azerbaijan are on the horizon. Notably, individuals in the liberated territories are granted a remarkable 10-year exemption from taxes and customs duties.
Nevertheless, if you do not operate in the liberated areas but still desire to benefit from the exemptions, follow us for great news!
Private partners in Public-Private Partnership projects are exempt from taxes and customs duties for a period specified in the agreement, up to a maximum of 30 years. In addition, if your business is related to the production of renewable energy projects with state procurement obligations, your business will be exempt from taxes and customs duties for a period specified in the agreement, up to a maximum of 30 years.
Our mission is to foster the growth of your business and pave the way for prosperity. For further details and insights, feel free to reach out to us. Let's chart a path to success together!
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