Country by Country Reporting in Azerbaijan

In compliance with OECD BEPS minimum standards, Azerbaijan has recently started applying Country by Country Reporting. Starting from 1 January 2020, regulations on Country by Country reporting (CbCR) is mandatory in line with OECD Guides and recommendations. Where the total income of the multinational group exceeds 750 million Euros during the financial year, leading Resident company or representative company who is in charge of filing CbCR shall submit this report every year.

According to the regulations, the initial notification of the CbCR should be filed until 30 June of the reporting year and CbCR final reporting deadline is until the end of the 12 months following the financial year of the multinational group.

Starting from this month, the new e- portal was launched for filing CbCR. Users can access the portal via  https://cbcr.tmfi.gov.az/login, and submit the necessary filings online via e-signature (ASAN imza).

For the tax advisory support in order to submit Country by Country (CbCR) reporting in Azerbaijan, please contact us: 00994 50 289 89 73 or [email protected].