Other Withholding Taxes

Foreign legal entities with no permanent presence (permanent establishment) in Azerbaijan are subject to withholding tax on income derived from sources in Azerbaijan at the following rates. 

* 10% Interest

* 14% Lease of movable and immovable property (other than that paid by a lessee who is a physical person) and royalties

* 6% Payments for international transportation services

* 6% Payments for international communication services

* 4% Insurance or reinsurance premiums

* 10% Interest element of financial lease payments

* 10% other income

For detailed information on Tax rates please see this table.

From January 2010 the corporate profit tax was set at 20%. There is 0% tax on agriculture (except land tax; rates depend on location and type of land plots).