Azerbaijan may increase financial sanctions for hiring without labor contract

Baku. 20 November. REPORT.AZ/ Azerbaijan may increase financial sanctions for hiring without labor contract, Report informs citing the draft amendments in the Tax code.

According to the amendments, AZN 2,000 financial sanction will be imposed on the employer for hiding of revenues by hiring without labor contract for the first time, AZN 4,000 for the second time and AZN 6,000 for the third time.

Currently, the financial sanction for such a case is AZN 1,000.