The Law
The Law On Alat Free Economic Zone came into force

On June 4, 2018, the Law of the Republic of Azerbaijan "On Alat Free Economic Zone" (hereinafter: the Law) came into force.

According to the law, the Authorized Body, administrative institutions, legal entities and their employees, residents are exempt from all taxes and custom duties related to the activities of Alat Free Economic Zone (hereinafter: the Free Zone).

However, it should be noted that the provisions of the Law on activities of Legal Entities in the Free Zone territory, licensing and authorization, tax, customs, powers of the Free Zone Authorized Body in the Free Zone territory, protection of investors' rights and dispute resolution bodies shall enter into force on the same day as the internal rules to be adopted by the Competent Authority of the Free Zone.

Please contact Caspian Legal Center for registration, as well as detailed information and advice on Alat Free Economic Zone.

Related Posts

Update on the medical certificate procedures

Update on the medical certificate procedures

With the new changes, medical certificates are obtained by insured persons and insurers through t...

May 07, 2024
Tax Code of Azerbaijan: 2022 Tax Amendments

Tax Code of Azerbaijan: 2022 Tax Amendments

Tax Code of Azerbaijan: 2022 Tax Amendments

Jan 31, 2022
Azerbaijani Constitutional Court Case on Pledge Contracts

Azerbaijani Constitutional Court Case on Pledge Contracts

Azerbaijani Constitutional Court Case on Pledge Contracts

Jan 10, 2022
New decision of the Constitutional Court on tort liability

New decision of the Constitutional Court on tort liability

New decision of the Constitutional Court on tort liability

Jun 13, 2022