Number of taxpayers increases by 7% in Azerbaijan

As of August 1, 2022, 1,370,252 taxpayers were registered in Azerbaijan, which is 6.9% more year-on-year, Report informs, citing the State Tax Service under the Economy Ministry of Azerbaijan.

According to the State Tax Service, 87.6% of taxpayers are individuals, and 12.4% are legal entities and other organizations.

Over the past year, the number of individuals increased by 6.7% (84.3% of the total increase), while the number of legal entities went up by 8.9% (15.7% of the total growth).