State Tax Service: 31 business entities in liberated territories enjoy tax benefits

Today, 31 business entities that have received a resident status in the liberated territories enjoy all tax benefits, head of the Karabakh territorial main tax department of the State Tax Service, Alakbar Mammadov, said.

According to him, residents are exempt from property tax, land tax, profit tax, personal income tax, simplified tax, dividend tax: "In addition, imported machinery and equipment are exempt from VAT. At the same time, imported equipment, raw materials and supplies are exempt from customs duty."

Mammadov noted that the process of subsidizing payments for compulsory state social insurance is currently underway, and residents are already taking advantage of these opportunities.

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WB rep thanks Azerbaijan 20 June, 2024 / 13:24