Author: np-post

At UTB, we believe our success is measured by the strength of our relationships. As we look toward the opportunities of 2026, we’ve prepared this short video to express our gratitude for your continued trust and to share our vision for the year ahead. ...

The draft amendments to the Labor Code were discussed at the meeting of the Regional Affairs Committee of the Parliament. The proposed changes aim to align national labor legislation with international standards, enhance employee protections, and modernize employment regulation. 1. Alignment with International Labor Organization (ILO) Standards In line with several ILO conventions ratified by the Republic of Azerbaijan, the draft introduces new legal definitions into the Labor Code, including: employee with family responsibilities minimum wage 2. Transition from Part-Time to...

During the most recent session of the Parliament, a new draft law proposing critical amendments to the Code of Administrative Offenses was introduced and successfully passed in its first reading. These changes signal a shift toward international transparency and stricter compliance regarding the exchange of tax and financial data. Enhanced Penalties for Non-Compliance with International Inquiries The proposed amendments significantly increase the financial liability for persons not registered as taxpayers who fail to cooperate with international information exchange requests. This...

On May 21, 2025, a decision was made to revise the 4-MKT official statistical report form related to Social benefits, compensations, and pensions. The revision concerns Part I of the form, specifically Table A, which is titled “Monthly Social Benefits and Compensations.”The aim of this revision is to collect statistical data in a more detailed and accurate way. The revised rows in the table are listed below: 11 Disability caused by general illness, military service, work injury, occupational disease, being in a war zone, participation in eliminating the consequences...

On April 21, 2025, the Ministry of Economy of Azerbaijan updated the rules for onsite tax audits, originally approved on September 7, 2016. The update included amendments such as adding municipalities to the list of entities covered under clause 46-1.2.3 and revising the cashless payment requirements specified in clause 46-1.3 of rules. Previously, VAT-registered businesses had to make cashless payments for monthly transactions over 30,000 AZN, while other taxpayers had a 15,000 AZN limit. Now, according to clause 46-1.3, the minimum amount for mandatory cashless payments is calculated as...

On May 12, 2025, Prime Minister of the Republic of Azerbaijan signed Decision No. 156, which approves the “Rules on the Form and Completion of Employment Record Book.” At the same time, the earlier regulation — Decision No. 186 dated December 26, 1996, titled “On the approval of the form and preparation rules for employment record book” — was officially repealed. The reason behind this revocation is the amendment made to Article 49 of the Labor Code on August 12, 2024. This amendment introduced a fundamental change: the requirement to maintain an employment...

New accreditation rules have come into force for non-resident individuals to carry out valuation activities in the Republic of Azerbaijan. This decision was made based on the “Law on Valuation Activity” No. 1052-VIQ, dated December 2023, the President’s Decree No. 2443 of December 30, 2023, and the Cabinet of Ministers’ decision No. 158 dated May 13, 2025. The main goal of the updated system is to increase transparency, strengthen professional standards, and regulate the activities of international specialists on a legal basis. Accreditation applies to non-resident individuals...

The “Official Correspondence Between Employers and Employees” section of the Labour and Employment Subsystem of the EMAS system has been enhanced with a new sub-section, “Requesting Short-Term Leave from Work.” This new feature enables employees to submit short-term leave requests directly to their employers via the EMAS system. Employers can set annual and daily leave limits, as well as the maximum duration of leave, in advance through this sub-section. Once these limits are configured, the system will start accepting leave requests. The update aims to promote quicker...

Changes will be made to the Labour Code to introduce an hourly wage system in Azerbaijan. During the international conference dedicated to World Day for Safety and Health at Work and the 120th anniversary of the first collective agreement, the Minister of Labour and Social Protection of the Population stated that the ministry continues taking measures to improve labour relations. As noted, around 200 amendments to the Labour Code are currently under review. These changes mainly cover areas such as the regulation of remote work, the introduction of an hourly wage system, equal pay for work of...

From May 1, 2025, Azerbaijan is switching to fully digital sick leave documentation. Thanks to the new “e-Bulletin” system, these electronic documents will replace paper-based ones and will now serve as the main reference for assigning employee benefits. This update is being introduced through joint efforts by the Ministry of Health, the Ministry of Labor and Social Protection, and TABIB. Sick leave documents will now be created via the Ministry of Health’s Unified Health Information System, digitally signed by medical institutions, and sent directly to employers and the State...

In Azerbaijan, a new legal mechanism has come into force that expands tax and customs exemptions for the import of machinery, technological equipment devices, raw materials and supplies into the territories liberated from occupation. These changes are reflected in the amendments made to the Law on Licenses and Permits. According to the updated law, new provisions have been added regarding confirmation of documents for machinery, technological equipment and devices imported by residents managing organizations and operators of industrial and technology parks, as well as legal and individual entrepreneurs...