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Failure to make capital contribution will be penalized

Failure to make capital contribution will be penalized

Until now, no specific legal implications of failure to make initial capital contribution were prescribed by the laws. It was interpreted as a matter left to...

Jul 22, 2024 Caspian Legal Center
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 the "Unified Health Information System" of the Ministry of He...

May 07, 2024 Caspian Legal Center
Business trip rules in Azerbaijan: per diem rates (travel norms) updated

Business trip rules in Azerbaijan: per diem rates (travel norms) updated

Azerbaijan business trip rules regulate business travel allowances determined for the employees which are tax deductible expenses for income tax purposes. Ac...

Apr 23, 2024 Caspian Legal Center
The law of the Republic of Azerbaijan On Public Procurement

The law of the Republic of Azerbaijan "On Public Procurement"

The new law “On Public Procurement” was adopted On July 14 2023. For the purposes of this article, we refer to it as Public Procurement Law of Azerbaijan 202...

Feb 07, 2024 Caspian Legal Center
Competition Law of Azerbaijan: New Competition Code 2024 adopted

Competition Law of Azerbaijan: New Competition Code 2024 adopted

Once the Competition Code enters into force, previous laws, i.e. the Law on Antitrust Activities, the Law on Unfair Competition and the Law on Natural Monopo...

Jan 28, 2024 Caspian Legal Center
Caspian Legal Center shortlisted by ITR (2023) 

Caspian Legal Center shortlisted by ITR (2023) 

Caspian Legal Center shortlisted by ITR (2023) 

Jan 04, 2024 Caspian Legal Center
Tax Code of Azerbaijan: 2024 Tax Code Amendments

Tax Code of Azerbaijan: 2024 Tax Code Amendments

Tax Code of Azerbaijan: 2024 Tax Code Amendments

Jan 04, 2024 Caspian Legal Center
Taxation of e-commerce in Azerbaijan: new regulations for non-residents

Taxation of e-commerce in Azerbaijan: new regulations for non-residents

As a general rule under the Tax Code of Azerbaijan, business to business e-commerce is subject to Azerbaijani VAT (18%) where the payer of the e-commerce (e-...

Dec 12, 2023 Caspian Legal Center
Constitutional Court Interpreted the Concept of Labor Relations

Constitutional Court Interpreted the Concept of Labor Relations

On October 20, 2023, the Plenum of the Constitutional Court adopted a decision to interpret parts 2-3.4 and 2-4 of Article 7 of the Labor Code of the Republi...

Nov 22, 2023 Caspian Legal Center
Payment Systems and Services Law of Azerbaijan: Payment gateways licensed

Payment Systems and Services Law of Azerbaijan: Payment gateways licensed

Effective from 10 November 2023, Azerbaijani Law on Payment Systems and Payment Services (" the Law"), the first law regulating payment services, payment sys...

Oct 02, 2023 Caspian Legal Center

Related Posts

Regulations on cash register transactions approved

Regulations on cash register transactions approved

Regulations on cash register transactions approved

Nov 30, 2020
CLC attended international tax event

CLC attended international tax event

CLC attended international tax event

Nov 14, 2020
Covid-19 Tax Reliefs Approved in Azerbaijan

Covid-19 Tax Reliefs Approved in Azerbaijan

Amendments to the to the Tax Code and the Law on Social Insurance related to the spread of the co...

Jul 09, 2020
Public-Private partnership in Azerbaijan: a new law approved

Public-Private partnership in Azerbaijan: a new law approved

Public-Private partnership in Azerbaijan: a new law approved

Jan 02, 2023