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VLM TIMES
Legal Updates and Insights


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...
Jan 8


NEW REQUIREMENTS FOR THE PAYMENTS MARKET ARE ON THE WAY: A Close Look at The Law On Payment Services
After extensive discussions, Azerbaijan's National Assembly officially passed the Payment Services and Payment Systems Law (the “Law”) on...
Aug 21, 2023


NEW CHANGES RELATED TO WORK PERMITS
Law on “Amendments to the Migration Code”, dated 09 December 2022 (hereinafter, the “Migration Amendments”) made some procedures easier...
Dec 30, 2022


LAW ON PUBLIC-PRIVATE PARTNERSHIPS: What is improved with the new Law
This Summary provides a brief on the key features of the newly adopted Law on Public-Private Partnerships. On December 7th, 2022, the...
Dec 30, 2022


“Project on strengthening the financial stability of the Gabala Vocational School”
On May 16, 2022, the opening ceremony of a series of training to be organized within the framework of the “Project on strengthening the...
May 17, 2022


Professional Legal Services
VLM and Partners is delighted to announce more professional legal services with leading Czech law firms, Hájek Legal and Chamrád Legal...
Mar 14, 2022


Dispute Resolution Services
VLM and Partners is glad to announce the launch of joint Dispute Resolution services with successful Czech law firms - Hájek Legal and...
Mar 9, 2022


Mar 1, 2022


Penalties for administrative violation of labor rights have been increased
According to the Decree of the President of Azerbaijan, dated 27 January 2022, a number of amendments have been made to the Code on...
Jan 28, 2022


Increase of minimum monthly salary
As per Decree No. 3051 of the President of Azerbaijan, dated December 17, 2021, the minimum monthly salary shall be defined as AZN 300...
Dec 30, 2021


Constitutional Court Decision on termination of an employment contract and labor disputes settlement
This Summary provides a brief overview of the decision (hereinafter, the “Decision”) issued by the Plenum of the Constitutional Court of...
Sep 9, 2021


COVID-19 Update
On 26 July 2021, certain amendments have been made to Decree No. 151 of the Cabinet of Ministers of Azerbaijan, dated 26 May 2021, "On...
Aug 10, 2021


SUMMARY of Law dated 02 April 2021 on Amendments to the Labor Code
This Summary reflects the inadmissibility of the regulation of labor relations in the territory of the Republic of Azerbaijan by civil...
May 17, 2021
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