What kind of conditions does the Azerbaijani government provide for the favor of taxpayers?

  • Corporate profit tax was reduced in 2010 from 22% to 20%, while VAT is levied at the rate of 18%.
  • Simplified tax regime is introduced to ease tax burden for small size businesses , whereby taxpayers with total revenue not exceeding 120,000 Azerbaijani manats for the previous 12 months period are charged at the rate of 4% (the taxpayers operating in Baku) and 2% (the taxpayers operating in other regions of Azerbaijan) of the gross revenue. The simplified taxpayers are exempt from VAT, profit and property taxes.
  • No taxes are imposed on the companies in the agricultural sector, except land tax.

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