Number of taxpayers in Azerbaijan increases by over 4%
- 11 June, 2025
- 10:20
Stay up to date with the top news!
As of June 1, 2025, there were 1,625,480 taxpayers in Azerbaijan, Report informs, citing the State Tax Service under the country's Ministry of Economy.
This figure is 4.4% more year-on-year.
According to the state service, 86.9% of taxpayers were individuals, 13.1% were legal entities and other organizations. Over the past year, the number of individual entrepreneurs increased by 3.9%, while the number of companies grew by 7.7%.
By the end of May, there were 196,485 commercial entities in the country. This is 8.3% more compared to a year ago.
Figures indicate that 91.7% of commercially registered legal entities were limited liability companies (LLC), 1.1% were joint-stock companies (JSC), 1.1% were cooperatives.
In January-May 2025 alone, 6,236 commercial entities were registered by the state, of which 89.1% are locally invested and 10.9% are foreign invested.
Also, 85.7% of commercial entities were registered online. The share of e-registration of locally invested LLCs was 96.8%.